Bessent vs Carney Trade War Escalates | Calgary News

Treasury Secretary Scott Bessent fired back at Canada, calling its trade stance a political stunt by PM Mark Carney and joking Canada’s threats would come from “submarines in the Edmonton mall.” He accused Carney of prioritizing his party over Canadians, claiming Canada rejected the U.S.’s best trade offer. Talks collapsed as Canada cited last-minute U.S. demands on trucks, subsidies, and labeling — issues raised repeatedly. Trump escalated tensions with social media jabs and renaming Lake Ontario, while Alberta’s Danielle Smith urged both sides to return to the table, warning tariffs hurt small businesses. Carney stayed mostly quiet, though acknowledged Canada now sees itself in a trade war. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f60cfdf2997f829b