U.S. Treasury Secretary Scott Bessent said on Monday that he would meet with his Canadian counterpart, Finance Minister François-Philippe Champagne, on the sidelines of a meeting of G20 finance ministers and central bank governors, adding that the U.S. was not in a war with Canada.
“I think this is very unfortunate that Prime Minister Carney has turned this into a political shouting match. I mean, we’re not at war with Canada,” Bessent told CNBC in an interview.
He added that Carney was “not doing what’s best for Canada.”
In his interview, Bessent also called out Canada’s retaliatory tariffs.
“I don’t think you can be in a tit-for-tat with…
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