Politics1/25/2026•Bloomberg

Bessent Sees Canada’s Carney Making ‘About-Face’ on China Trade

Bessent Sees Canada’s Carney Making ‘About-Face’ on China Trade

Here is a summary of the news article in 158 words: Treasury Secretary Scott Bessent criticized Prime Minister Mark Carney's decision to strike a trade deal with China, suggesting it was an "about-face" that reinforced President Donald Trump's latest tariff threat against Canada. The deal aims to lower some trade barriers between Canada and China. Bessent's comments underline the ongoing tensions between the U.S. and its trading partners, particularly over the Trump administration's protectionist policies. The article highlights the complex geopolitical dynamics at play, as Canada navigates its trade relationships with both the U.S. and China. The summary focuses on the key facts of Bessent's criticism of Carney's trade deal with China and the broader context of the U.S.-Canada trade tensions, while avoiding any overt bias or speculation.

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