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US Treasury Warns Canada: Tensions Could Derail USMCA Talks

1/29/2026

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Story summary
  • U.S. Treasury Secretary Scott Bessent warned Canadian Prime Minister Mark Carney that escalating tensions ahead of the USMCA review could derail negotiations.
  • Speaking at a Washington event, Bessent criticized Carney's anti-Trump stance and urged Canada to prioritize its interests.
  • He warned that provoking the U.S. could derail talks, given tariff threats from the administration of U.S. President Donald Trump and Carney's World Economic Forum position.