Business
Trump slams ‘dirty’ Canada despite withdrawal of anti-tariff advertisement
US President Donald Trump slammed Canada for playing “dirty” on Friday as a row over an advertisement featuring former leader Ronald Reagan that prompted Trump to scrap trade talks showed no sign of abating.
The Canadian province of Ontario said it would pull the offending anti-tariff ad on Monday so that negotiations could restart, after Trump alleged that the ad misrepresented the views of fellow Republican Reagan.
But Trump showed no sign of backing down, saying Ontario should not have let it air during the first two games this weekend of baseball’s World Series.
Adding extra spice to the row, the World Series features a Canadian team, the Toronto Blue Jays, facing a US team, the Los Angeles Dodgers. The Blue Jays thrashed the Dodgers 11-4 in the first game on Friday.
“Canada got caught cheating on a commercial, can you believe it?” Trump told reporters before heading on a trip to Asia.
“And I heard they were pulling the ad — I didn’t know they were putting it on a little bit more. They could have pulled it tonight,” Trump added.
After a reporter said the ad would be pulled on Monday, Trump replied: “That’s dirty play. But I can play dirtier than they can.”
Trump announced on his Truth Social network on Thursday that he had “terminated” all negotiations with Canada over what he called the “fake” ad campaign.
Less than 24 hours later, Ontario premier Doug Ford said he was suspending the ads after talking to Canadian Prime Minister Mark Carney about the spiraling row with Washington.
“In speaking with Prime Minister Carney, Ontario will pause its US advertising campaign effective Monday so that trade talks can resume,” Ford said in a post on X.
‘Crooked ad’
The Canadian ad used quotes from a radio address on trade that Reagan delivered in 1987, in which he warned against ramifications that he said high tariffs on foreign imports could have on the US economy.
It cited Reagan as saying that “high tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars,” a quote that matches a transcript of his speech on the Ronald Reagan Presidential Library’s website.
The Ronald Reagan foundation wrote on X on Thursday that the Ontario government had used “selective audio and video” and that it was reviewing its legal options.
Trump said on Friday night that it was a “crooked ad”, adding that “they know Ronald Reagan loved tariffs”.
Trump and Carney are both set to be at a dinner on the sidelines of an Asia-Pacific Economic Cooperation (APEC) in South Korea on Wednesday.
But Trump said he had no plans to meet Carney.
The latest twist in relations between the United States and Canada came just over two weeks after Carney visited Trump at the White House to seek a relaxation of stiff US tariffs.
On Friday, Carney had sought to calm the situation, saying that his country was ready to resume “progress” on trade talks “when the Americans are ready”.
Canada has “to focus on what we can control, and realize what we cannot control,” he added as he headed to Asia.
Trump’s global sectoral tariffs — particularly on steel, aluminum, and autos — have hit Canada hard, forcing job losses and squeezing businesses.
For now, the United States and Canada adhere to an existing North American trade deal called the USMCA, which ensures that roughly 85 per cent of cross-border trade in both directions remains tariff-free.
But in a speech on Wednesday, Carney said that the United States has raised “its tariffs to levels last seen during the Great Depression”.
“Our economic strategy needs to change dramatically,” Carney added, saying the process “will take some sacrifices and some time.”
Business
Pakistan Engineering Development Board gets new chief
ISLAMABAD: After a gap of nine months, the government has appointed Hamad Ali Mansoor as the new chief executive officer (CEO) of the Engineering Development Board (EDB).
Mr Mansoor’s appointment, in the MP-I scale, is for a three-year term. The position had been vacant since January, and the recruitment process was initiated through an advertisement issued on Nov 17, 2024.
According to the Ministry of Industries and Production, a total of 248 applications were received. Thirty-three eligible candidates were shortlisted and interviewed by the selection committee in February. The committee recommended a panel of three candidates in order of merit: Hamad Ali Mansoor, Akhtar Ahmad Bughio and Shakeel Zahid.
Established in 1995, the EDB functions under the Ministry of Industries and Production to promote, facilitate and regulate the engineering sector in Pakistan.
Mr Mansoor holds an undergraduate degree in mechanical engineering and an MBA from the Schulich School of Business, York University, Toronto. He has over three decades of experience in industrial policy, manufacturing and infrastructure development, with a focus on renewable energy and sustainable growth.
Published in Dawn, October 26th, 2025
Business
PPP reaffirms commitment to farmers
ISLAMABAD: The PPP has reiterated its commitment to supporting the farming community and vowed to continue its struggle to end all injustices faced by the farmers.
“PPP remains committed to respecting, empowering, and reviving the agricultural sector for a prosperous Pakistan,” said the party’s Central Information Secretary Shazia Marri. She quoted PPP Chairman Bilawal Bhutto-Zardari as saying that no economy can be strong if its farmers are weak.
“Chairman Bilawal Bhutto-Zardari believes that strengthening the farmer means strengthening Pakistan itself,” Ms Marri said in a statement issued on Saturday.
Ms Marri said that Bilawal Bhutto-Zardari’s vision was clear — the true measure of progress lies in the prosperity of farmers. She recalled that during the PPP government, Pakistan had moved from wheat shortage to becoming a wheat-exporting country, owing to farmer-friendly policies.
She said that the PPP chairman had always stood by the farmers, advocating for timely procurement and fair prices.
Highlighting the impact of climate change, the PPP leader said that it posed a serious threat to every Pakistani farmer. She added that Bilawal Bhutto-Zardari emphasised the need for investment in sustainable and climate-resilient agriculture, envisioning a modern agricultural economy where small farmers could progress through technology and access to fair markets.
She said the PPP believed that insurance, credit access, and transparent governance were essential to protect farmers from the adverse effects of climate change.
Ms Marri appreciated the government’s decision to allow wheat procurement, terming it a longstanding demand of the PPP. She added that approving the support price for wheat was also a PPP demand; however, she noted that fixing the price at Rs4,000 instead of Rs3,500 per 40kg would have been more beneficial for farmers. She further said that reducing the income tax from 45 per cent to 15pc was an important relief measure for the farming community.
Published in Dawn, October 26th, 2025
Business
Tehran seeks to boost maritime connectivity with Pakistan
ISLAMABAD: Pakistan and Iran have agreed to explore new avenues of cooperation in the blue economy by strengthening road, rail and maritime connectivity to facilitate regional trade and promote people-to-people contacts.
The understanding was reached during a meeting between Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and Iran’s Minister for Roads and Urban Development, Farzaneh Sadegh. Both sides underlined the importance of regional connectivity for expanding trade, investment and transport links.
The ministers discussed initiatives to enhance maritime trade, develop port infrastructure and improve logistical routes connecting the two countries by sea, land and rail.
Ferry service proposed to facilitate pilgrims, promote religious tourism
Mr Chaudhry proposed launching a ferry service between Pakistan and Iran to provide an affordable and efficient transport option for traders and pilgrims. He said Pakistani authorities would welcome Iranian companies interested in operating such a service, noting that Iran’s lower fuel prices could help reduce fares.
He added that in 2025, about 60,000 to 70,000 Pakistani pilgrims travelled to Iran and Iraq by air, and a ferry service could significantly increase those numbers. The minister also said a centralised pilgrim management policy would be introduced next year, requiring all pilgrims to travel through registered tour operators to improve safety and coordination.
Mr Chaudhry noted that expanding religious tourism could bring economic benefits to both countries and called for cooperation to develop the necessary infrastructure.
The Iranian minister welcomed Pakistan’s proposals and said both countries’ ports could serve as gateways for regional commerce. She reaffirmed Iran’s commitment to enhancing port-to-port cooperation and exploring trade routes in the Arabian Sea and the Persian Gulf.
“The ports of both countries are key economic assets,” Ms Sadegh said. “By improving maritime and transport connectivity, we can open new opportunities for regional trade and economic cooperation.” Both sides reiterated their commitment to deepening collaboration in the maritime and transport sectors as part of broader efforts to promote the blue economy and strengthen bilateral relations.
Published in Dawn, October 26th, 2025
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