President Donald Trump, right, meets with Canadian Prime Minister Mark Carney in the Oval Office of the White House on October 7, but on Thursday terminated trade talks with Canada. Photo by Shawn Thew/UPI | License Photo

Oct. 23 (UPI) — President Donald Trump late Thursday terminated all trade negotiations with Canada over an ad campaign using a speech on tariffs by former U.S. President Ronald Reagan.

In the statement on his Truth Social media platform, Trump said, “TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A. Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED.”

In the 1-minute ad, excerpts of Reagan’s April 25, 1987, radio address are heard.

“When someone says, ‘Let’s impose tariffs on foreign imports,’ it looks like they’re doing the patriotic thing by protecting American products and jobs,” Reagan is heard saying in the commercial over scenes of people working on farms and in cities.

“And sometimes it looks like it works, but only for a short time. But over the long run, such trade barriers hurt every American worker and consumer.”

The Ronald Reagan Presidential Foundation and Institute took exception to the commercial and said the Ontario government did not seek permission to use and edit the former Republican presid