{"id":432980,"date":"2026-01-27T15:34:10","date_gmt":"2026-01-27T15:34:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/432980\/"},"modified":"2026-01-27T15:34:10","modified_gmt":"2026-01-27T15:34:10","slug":"bessent-warns-canada-risks-disaster-amid-trade-tensions-with-us","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/432980\/","title":{"rendered":"Bessent warns Canada risks \u2018disaster\u2019 amid trade tensions with US"},"content":{"rendered":"\n<p>NEWYou can now listen to Fox News articles!\n  <\/p>\n<p class=\"speakable\">Treasury Secretary <a href=\"https:\/\/www.foxnews.com\/category\/person\/scott-bessent\" target=\"_blank\" rel=\"noopener nofollow\">Scott Bessent<\/a> warned that any move by Canada to economically break from the United States would be &#8220;a disaster,&#8221; dismissing recent remarks by Prime Minister Mark Carney as unrealistic and historically misguided.<\/p>\n<p class=\"speakable\">&#8220;Canada depends on the U.S. There&#8217;s much more <a href=\"https:\/\/www.foxnews.com\/category\/world\/global-economy\/trade\" target=\"_blank\" rel=\"noopener nofollow\">North-South trade<\/a> than there could ever be East-West trade,&#8221; Bessent said Monday on &#8220;Hannity.&#8221;\u00a0<\/p>\n<p>&#8220;He [Carney] talks about middle countries having to do their own thing, and I&#8217;m old enough to remember when French President Fran\u00e7ois Mitterrand tried to go down that route. It failed back in the &#8217;80s, it&#8217;ll fail now.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/top-canadian-officials-visit-greenland-amid-international-fears-trump-eyes-nato-linked-territory\" target=\"_blank\" rel=\"noopener nofollow\">TOP CANADIAN OFFICIALS TO VISIT GREENLAND AMID INTERNATIONAL FEARS AS TRUMP EYES NATO-LINKED TERRITORY<\/a><\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/01\/scott-bessent-11.18.png\" alt=\"scott bessent\" width=\"1200\" height=\"675\"\/> <\/p>\n<p>Treasury Secretary Scott Bessent speaks to members of the media outside the White House on Nov. 5, 2025. (Eric Lee\/Bloomberg via Getty Images)<\/p>\n<p>Bessent argued that Carney should focus less on pushing a &#8220;globalist agenda&#8221; and instead do &#8220;what&#8217;s best for the Canadian people.&#8221;<\/p>\n<p>Carney said Sunday that Canada has no plans to pursue a free trade deal with China, pushing back against President Donald <a href=\"https:\/\/www.foxnews.com\/politics\/trump-warns-canada-100-percent-tariffs-if-becomes-chinas-drop-off-port-new-potential-trade-deal\" target=\"_blank\" rel=\"noopener nofollow\">Trump\u2019s 100% tariff threat<\/a>.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/carney-pushes-back-trumps-100-tariff-threat-over-china-trade-deals-canada-amid-tensions\" target=\"_blank\" rel=\"noopener nofollow\">CARNEY PUSHES BACK ON TRUMP&#8217;S 100% TARIFF THREAT OVER CHINA TRADE DEALS WITH CANADA AMID TENSIONS<\/a><\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/01\/mark-carney-davos-wef-2026.jpg\" alt=\"Canadian PM Mark Carney\" width=\"1200\" height=\"675\"\/> <\/p>\n<p>Prime Minister Mark Carney delivers a speech at the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026. (Harun Ozalp\/Anadolu via Getty Images)<\/p>\n<p>Carney said Canada\u2019s recent agreement with China only rolled back tariffs in sectors that had been hit in recent years and did not amount to a free trade deal.<\/p>\n<p>He highlighted &#8220;middle countries&#8221; like Canada during a speech at the World Economic Forum&#8217;s meeting in Davos, Switzerland, last week, <a href=\"https:\/\/www.pbs.org\/newshour\/world\/carney-fires-back-at-trump-after-davos-speech\" target=\"_blank\" rel=\"nofollow noopener\">suggesting greater powers<\/a> should no longer set the terms of the global economic order.<\/p>\n<p><a href=\"https:\/\/foxnews.onelink.me\/xLDS?pid=AppArticleLink&amp;af_dp=foxnewsaf%3A%2F%2F&amp;af_web_dp=https%3A%2F%2Fwww.foxnews.com%2Fapps-products\" target=\"_blank\" rel=\"noopener nofollow\">CLICK HERE TO DOWNLOAD THE FOX NEWS APP<\/a><\/p>\n<p>While Carney did not directly reference Trump, his comments were broadly seen as a rebuke of <a href=\"https:\/\/www.foxnews.com\/category\/politics\/state-and-local\/federal-relations\" target=\"_blank\" rel=\"noopener nofollow\">Washington\u2019s recent trade posture<\/a>.<\/p>\n<p>Bessent claimed Carney &#8220;aggressively&#8221; walked back some of his remarks during a conversation with Trump in the Oval Office on Monday, though there has been no public statement from the prime minister confirming the retraction.<\/p>\n<p>Fox News&#8217; Stephen Sorace contributed to this report.<\/p>\n<p>Taylor Penley is an associate editor with Fox News.<\/p>\n","protected":false},"excerpt":{"rendered":"NEWYou can now listen to Fox News articles! Treasury Secretary Scott Bessent warned that any move by Canada&hellip;\n","protected":false},"author":2,"featured_media":432981,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4,450,103,55919,38592,83048,451,3,4666,452,453],"class_list":["post-432980","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking-news","tag-breaking-news","tag-breakingnews","tag-canada","tag-fn-flash","tag-fox-news-media","tag-hannity","tag-headlines","tag-news","tag-scott-bessent","tag-top-stories","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/432980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=432980"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/432980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/432981"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=432980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=432980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=432980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}