The 1987 radio address by the former U.S. President Ronald Reagan at the centre of a new U.S.-Canada row was a defence of free but fair trade in which he explained his decision to put duties on Japanese goods in a trade dispute.

President Donald Trump has canceled trade negotiations with Canada over what he called a “fake” ad that featured parts of an anti-tariff speech delivered by conservative hero and former President Ronald Reagan.

USPres George Bush and Fernando Collor de Mello of Brazil watch as Trade Reps. Carla Hills of the US and Paraguayan Forgn Minister Alexis Fruto, Argetine FM F Guido di Tella, Brazil's FM Hector Gros, and Uruguayan FM Francisco Rezek sign trade agreement.

White House senior counsel for trade and manufacturing Peter Navarro spoke to the Council on Foreign Relations on Friday morning about the administration's general attitude towards China and economic fears over tariffs.

An interview with a 26-year-old entrepreneur, who has taken seven trips to China to buy handbags, clothes and jewelry. “China is the center of everything,” she said.