US Treasury Secretary Bessent says he will 'absolutely not' be supporting lowering tariffs on Canadian goods, following their trade deal with China
Newsquawk Staff ·
US Treasury Secretary Bessent says he will 'absolutely not' be supporting lowering tariffs on Canadian goods, following their trade deal with China.
What it means
US Treasury Secretary Bessent's firm stance against lowering tariffs on Canadian goods signals a continuation of protectionist trade policies, particularly in light of the recent trade deal between Canada and China. This could escalate trade tensions and impact related markets, especially commodities and currencies linked to Canada.
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