What's Hot

    U.S. to start blockade of Iranian ports Monday, however not all Hormuz | Invesloan.com

    April 12, 2026

    FTC is claimed to weigh cope with advert giants over alleged coordinated boycotts | Invesloan.com

    April 12, 2026

    Aussie greenback slide indicators potential selloff in U.S. shares after Trump Hormuz transfer | Invesloan.com

    April 12, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » Scott Bessent: Canada’s Reagan Ad Is ‘Propaganda,’ Part of a Psy-Op | Invesloan.com
    Money

    Scott Bessent: Canada’s Reagan Ad Is ‘Propaganda,’ Part of a Psy-Op | Invesloan.com

    October 26, 2025
    Share
    Facebook Twitter LinkedIn Pinterest Email

    US Treasury Secretary Scott Bessent said Canada’s anti-tariff ad, featuring former US President Ronald Reagan, was “propaganda” and part of “psy-ops.”

    On Sunday’s “Meet the Press” on CNBC, Bessent answered a question about why President Donald Trump was setting trade policy based on a television ad he didn’t like. The ad, released on October 16, contained a voiceover of Reagan’s 1987 address in defence of free and fair trade.

    “This is a kind of propaganda against US citizens,” Bessent said to CNBC. “It’s psy-ops.”

    “Why would the government of Ontario — I’m told that they have spent, or were planning to spend, up to $75 million on these ads to come across the US border,” he added. “So what was the purpose of that other than to sway public opinion?”

    Bessent, who is in Asia with Trump inking trade deals, acknowledged that the ad had been taken down. But he said putting the ad up had been “terrible, terrible judgment” by Ontario’s premier, Doug Ford.

    During a Sunday “Face the Nation” interview with CBS’s Margaret Brennan, Bessent made a similar statement, calling the ad an “interference in US sovereign matters.”

    “It’s clearly damaged our relationship with the most populous province in Canada,” he told Brennan.

    Representatives for the US Treasury and the Ontario Premier’s Office did not respond to requests for comment from Business Insider.

    How the ad backlash unfolded

    The Canadian province of Ontario’s minute-long ad included a voiceover of Reagan’s 1987 “Radio Address to the Nation on Free and Fair Trade.” The address said that while tariffs may seem “patriotic,” they eventually “hurt every American worker and consumer” and lead to retaliation and trade wars.

    The Ronald Reagan Presidential Foundation and Institute said on Thursday that Ontario had misrepresented Reagan’s comments, and the province had not sought the foundation’s permission to use or edit the former president’s remarks.

    Related stories

    Business Insider tells the innovative stories you want to know

    Business Insider tells the innovative stories you want to know

    Trump slammed Ontario’s ad in a Friday Truth Social post, saying he would end trade negotiations with Canada over the ad.

    Ontario’s premier, Ford, said in a Friday X post that his intention with the ad was 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 US audiences at the highest levels,” he said. “I’ve directed my team to keep putting our message in front of Americans over the weekend so that we can air our commercial during the first two World Series games.”

    However, Ford said he had spoken with Canadian Prime Minister Mark Carney and decided to pause the ad from Monday so trade talks could continue.

    The ad was aired during the World Series games over the weekend. Trump said in a Saturday Truth Social post that he would impose an additional 10% tariff on Canadian goods, above the current rate.

    Tariffs on Canadian goods not covered by the United States-Mexico-Canada Agreement were taxed at 35% before the proposed 10% hike. Trump has also imposed separate tariffs on products like automobile parts.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    I Chased Pro Bowling While Working Fast Food. It Paid Off. | Invesloan.com

    My Grandma Got a Smartphone at 80. It Changed Her Life. | Invesloan.com

    I Left Journalism at 53. Now I Make $85,000 As a Mail Carrier | Invesloan.com

    Inside a Decommissioned Nuclear Silo From the Cold War | Invesloan.com

    I Was Scared to Let My Kids Roam Unsupervised — I’m Glad I Did | Invesloan.com

    I Love When My College Daughter Visits; I Also Love When She’s Gone | Invesloan.com

    What 30 Years of Marriage Taught Me About Love, Life, and Parenting | Invesloan.com

    Inside My $240-a-Night Room at TheWit Chicago, a Hilton Hotel | Invesloan.com

    Laid Off Google Employee Shares Why He’s Not Applying to Jobs | Invesloan.com

    LATEST NEWS

    U.S. to start blockade of Iranian ports Monday, however not all Hormuz | Invesloan.com

    April 12, 2026

    FTC is claimed to weigh cope with advert giants over alleged coordinated boycotts | Invesloan.com

    April 12, 2026

    Aussie greenback slide indicators potential selloff in U.S. shares after Trump Hormuz transfer | Invesloan.com

    April 12, 2026

    I Chased Pro Bowling While Working Fast Food. It Paid Off. | Invesloan.com

    April 12, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}