Gold ticks up but remains pressured by Fed rate caution, easing trade fears
Investing.com -- U.S. President Donald Trump said Friday that Canada and the United States will not restart trade talks, though he noted that Canadian Prime Minister Mark Carney apologized to him over a political advertisement from Ontario that featured President Ronald Reagan.
The Ontario government’s advertisement showed Reagan, a Republican icon known for supporting free markets and free trade, warning that tariffs on foreign goods would lead to trade wars and job losses.
"I like him a lot but what they did was wrong," Trump said, referring to Carney. "He apologized for what they did with the commercial because it was a false commercial."
Trump had called off negotiations with Canada last week after the advertisement aired, and announced an additional 10% tariff on Canadian goods in response.
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