United States to Increase Tariffs on Canada by 10%

2 minutes

The United States will increase tariffs on Canada by 10% in response to the continued airing of an advertisement that features Ronald Reagan speaking negatively about tariffs. President Donald Trump previously said that the United States is ending trade negotiations between the countries over the ad, stating that it is misleading.

Canada flag

In a Truth Social post on 25 October 2025, Trump stated that "Canada was caught, red handed, putting up a fraudulent advertisement on Ronald Reagan's Speech on Tariffs." Trump said the advertisement misrepresents Reagan's speech.

Trump stated that Canada aired the advertisement to include the United States Supreme Court in the upcoming tariff-related cases. "The sole purpose of this FRAUD was Canada's hope that the United States Supreme Court will come to their 'rescue' on Tariffs that they have used for years to hurt the United States. Now the United States is able to defend itself against high and overbearing Canadian Tariffs (and those from the rest of the World as well!)."

Trump stated that the advertisement was to be stopped immediately but Canada "let it run last night during the World Series, knowing that it was a FRAUD."

Trump said he was increasing tariffs "[b]ecause of their serious misrepresentation of the facts, and hostile act."

The Supreme Court is scheduled to hear the tariff-related cases Donald J. Trump, President of the United States, et al. v. V.O.S. Selections, Inc., et al. (No. 25-250) and Learning Resources, Inc., et al. v. Donald J. Trump, President of the United States, et al. (No. 24-1287).

Imports to the United States from Canada that do not have preferential treatment under the United States-Mexico-Canada Agreement (USMCA) are generally subject to 35% tariffs.

Report from the IBFD Newsroom. Follow our reporting on this via our daily Tax News Service (subscribers only).

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