Oct. 23 (UPI) -- President Donald Trump late Thursday terminated all trade negotiations with Canada over an ad campaign using a speech critical of 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."

Relations between the close allies have been greatly strained under the Trump administration over the president's tariffs as well as remarks about making Canada the 51st state.

A trade tensions between the two have intensified, with the trade negotiations Trump severed intended to bring stability and calm to their partnership.

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