‘What will America do?’: Sen John Kennedy presses Secy Bessent on dropping tariffs if Canada goes 0%
U.S. Treasury Secretary Scott Bessent told the Senate Banking Committee that the Trump administration would 'absolutely not' drop all tariffs on Canada, even if Ottawa did the same for American goods. Bessent cited Canada’s recent trade agreement with China and the potential threat of Chinese electric vehicles as reasons why a 0% tariff deal with Canada is off the table.
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