Trump sets 10% hike in tariffs on Canada after ad airs during World Series

Trump announced the higher tariffs in a Truth Social post on Saturday, citing an ad featuring former President Ronald Reagan saying that tariffs cause economic disasters as the reason.

US President Donald Trump meets with Canada's Prime Minister Mark Carney in the Oval Office at the White House in Washington.

US President Donald Trump meets with Canada's Prime Minister Mark Carney in the Oval Office at the White House in Washington.

(photo credit: REUTERS/EVELYN HOCKSTEIN)

ByREUTERS

OCTOBER 26, 2025 02:16