Bessent Warns Carney: Don't Pick a Fight Before USMCA Trade Talks
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News18•29-01-2026, 02:30
Bessent Warns Carney: Don't Pick a Fight Before USMCA Trade Talks
- •Treasury Secretary Scott Bessent warned Canadian PM Mark Carney against public comments criticizing US trade policy.
- •Bessent stated Carney's remarks could jeopardize Canada's position in the upcoming US-Mexico-Canada Agreement (USMCA) review.
- •Carney had condemned economic coercion at the World Economic Forum in Davos, leading to a spat with Trump and Bessent.
- •Trump threatened 100% tariffs on Canadian goods over a trade deal Carney is pursuing with Beijing.
- •Despite Bessent's claim of Carney 'walking back' comments, Carney affirmed he stood by his Davos statements.
Why It Matters: Bessent cautioned Carney that criticizing US trade policy could negatively impact Canada's USMCA review.
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