Treasury Secretary Scott Bessent, left, and the Federal Reserve chairman, Kevin M. Warsh, met with Group of 20 finance ministers and central banker governors on Tuesday in Asheville, N.C.
At gathering of G20 finance ministers, the Treasury secretary accused Canada’s prime minister of starting a “political shouting match” over U.S. trade policies.
The newly opened Gordie Howe International Bridge, linking Detroit and Windsor, Ontario, last month. Both the United States and Canada have announced high tariffs on each other’s products.
The U.S.-Canada trade war has galvanized Canadians behind their prime minister’s decision to walk away from negotiations. What happens when the time comes for talks to restart?
The relative indifference to the news that the U.S. government now owes $40 trillion demonstrates how drastically the politics of deficit spending has changed.
Treasury Secretary Scott Bessent said the United States would “tighten the noose” around Iran by imposing sanctions on every source or facilitator of its revenue.
Treasury Secretary Scott Bessent said last week that countries that continue to do business with Iran would face the “full might and force” of the U.S. government.
Prime Minister Mark Carney gave a powerful speech to Canadians on Saturday morning, hours after ordering negotiators to suspend U.S. trade talks despite President Trump’s punishing tariffs.
Prime Minister Mark Carney of Canada said that he had pulled negotiators out of trade talks with the United States because the Trump administration had “asked too much and offered too little.”
Canada’s prime minister walked away from what he thought was a bad trade deal with the United States. Many Canadians are behind him, but it will be costly.
Connexion
