Welcome to meet the press now. I'm Kristen Welker in Washington, where President Trump is suddenly

intensifying his simmering trade war with China as he prepares for high-stakes talks with another key trading partner, China.

The president announcing late last night on social media that all trade negotiations with Canada are hereby terminated and accusing Canada of trying to influence the Supreme Court ahead of a major case on the legality of his tariff agenda.

The president outraged over a television ad he called fake that was produced by the

province of Ontario and that's running in the U.S., featuring the very real voice,

a former president Ronald Reagan from a radio address he delivered back in 1987 amid trade

tensions with Japan.

Here is part of that ad. Look.

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. And sometimes for a short while it works,

but only for a short time.

But over the long run, such trade barriers hurt every American worker and consumer.

Now, the ad did include edits to condense President Reagan's remarks, but it did not manipulate any of the audio.

It was not fake, and it was accurate in reflecting Reagan's defense of but it did not manipulate any of the audio. It was not fake,

and it was accurate in reflecting Reagan's defense of free trade at the time, although the ad did

not include his explanation for imposing some taxes on Japanese goods. A short time ago,

Ontario Premier Doug Ford announced he's no longer running the ad, tweeting, quote,

our intention was always to initiate a conversation about the kind of economy that Americans want to build and the impact of tariffs on workers and businesses.

We've achieved our goal, having reached U.S. audiences at the highest levels.

Canadian Prime Minister, Mark Carney, who has tried to foster a warm relationship with President Trump,

spoke about the president's decision to terminate talks earlier today. Take a look.

We can't control the trade policy of the United States. We recognize that that policy has

fundamentally changed from the policy in the 1980s, 1990s, 2000s.

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