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Fact-checking claims that a Canadian ad was misleading about Reagan’s tariff warning

In an Oct. 23 Truth Social post, Trump referenced a statement from The Ronald Reagan Presidential Foundation and Institute. Trump wrote, “The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs.” The Ronald Reagan Presidential Foundation and Institute is a nonprofit based in Simi Valley, Calif., created by Reagan to advance his legacy and principles.