US Treasury Secretary Bessent, on trade with Canada, says "this is just reciprocity"; adds that Canada is highly discriminatory on dairy, alcohol, and drinks

US Treasury Secretary Bessent's comments on trade with Canada, highlighting reciprocity and a focus on Canadian discrimination in sectors like dairy and alcohol, could escalate tensions in trade negotiations.

Newsquawk StaffPublished 21 Jul 2026, 12:38 UTCOn the live feed at 12:18 UTC — 9 more headlines followed before this page went public

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12:20

US Treasury Secretary Bessent, on government funding, says the US does not need another shutdown; would like to see the Clarity Act pass before Congress goes home

12:19

US BROKER MOVES: RL upgraded at Raymond James; ADBE, INTU, and CRM downgraded at Morgan Stanley

12:18

US Treasury Secretary Bessent, on trade with Canada, says "this is just reciprocity"; adds that Canada is highly discriminatory on dairy, alcohol, and drinks

12:16

US President Trump reportedly rejects proposal for a 10-day ceasefire with Iran, Al Hadath reports, citing Jerusalem Post

12:15

US Treasury Secretary Bessent says underlying US economy is very strong, core prices are stable; 3% growth is "not unreasonable" for H2

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Context

Investors should watch for potential retaliatory measures, which may impact markets sensitive to trade dynamics, particularly in agricultural commodities and the broader North American supply chain.

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