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Summary:Canada was caught running a fraudulent advertisement on Ronald Reagan's speech on tariffs, which the Reagan Foundation condemned for misrepresenting the former president and reviewing legal options. The post asserts that Canada's intent was to influence the United States Supreme Court regarding tariffs that have harmed the U.S. It further states that Reagan supported tariffs for national security and economic reasons, contradicting Canada's ad, and that Canada ignored demands to remove the advertisement, letting it run during the World Series. Due to this misrepresentation and hostile act, the tariff on Canada is being increased by an additional 10%.
Sentiment:Punitive
Key Claims:
  • Canada was caught putting up a fraudulent advertisement on Ronald Reagan’s Speech on Tariffs.
  • The Reagan Foundation stated that Canada's ad used selective, edited audio and video of President Ronald Reagan without permission and misrepresented his remarks.
  • The Ronald Reagan Presidential Foundation and Institute is reviewing its legal options regarding the ad.
  • The sole purpose of Canada's advertisement was to influence the United States Supreme Court on tariffs.
  • Canada has used tariffs for years to hurt the United States.
  • The United States is now able to defend itself against high Canadian tariffs and those from the rest of the World.
  • Ronald Reagan supported tariffs for purposes of National Security and the Economy.
  • Canada claimed Ronald Reagan did not support tariffs, which is false.
  • Canada's advertisement was instructed to be taken down immediately but was allowed to run during the World Series.
  • Canada's actions constitute a serious misrepresentation of facts and a hostile act.
  • The tariff on Canada is being increased by an additional 10% over and above what they are currently paying.
Potential Market Impact (S&P 500):7/10
Potential Geopolitical Risk:4/10
Potential Global Cross-Asset Impact:7/10