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America 'not at war' with Canada, insists U.S. Treasury Secretary Scott Bessent
Bessent said the tariff fight is a political shouting match as Canada plans $20 billion in retaliatory levies, he told CNBC.
- On Monday, U.S. Treasury Secretary Scott Bessent insisted the U.S. is "not at war" with Canada during a CNBC interview, mocking the Canadian military threat by referencing defunct submarines from the West Edmonton Mall.
- Tensions escalated after trade talks collapsed on Friday, August 21, when President Donald Trump imposed 50% tariffs on about $28 billion in Canadian exports; Canada announced matching dollar-for-dollar retaliatory tariffs effective September 8.
- While 63% of Canadians support standing firm in negotiations, Alberta Premier Danielle Smith argued on American television that "no one wins a tariff war," emphasizing mutual economic harm.
- Bessent blamed Prime Minister Mark Carney for a "political shouting match" and announced he would meet Finance Minister François-Philippe Champagne at the G20 to discuss the dispute.
- Dismissing a "tit-for-tat" battle, Bessent noted the U.S. economy is 13 times larger than Canada's, yet Canadian officials stressed the importance of integrated defense and market ties.
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Bessent Bashes Canada: They Have Two Submarines In The Edmonton Mall
Treasury Secretary Scott Bessent's hubris never wanes. During a CNBC interview when the topic shifted to Canada, he mocked our neighbors for pulling out of their trade talks and laughed at their military capabilities. Canada rejected parts of the proposed trade agreement over Trump's hatred of any language other than English as the Guardian reports. An apparent pending deal between Washington and Ottawa aimed at avoiding damaging tit-for-tat ta…
·Los Angeles, United States
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Coverage Details
Total News Sources28
Leaning Left9Leaning Right9Center4Last UpdatedBias Distribution41% Left, 41% Right
Bias Distribution
- 41% of the sources lean Left, 41% of the sources lean Right
41% Right
L 41%
C 18%
R 41%
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