Scott Bessent

• U.S. will not renew sanctions waivers on Russian, Iranian oil, Bessent says

  The moves signal an end to the Trump administration's efforts to use the sanctions waivers to free up more oil supplies and lower soaring global energy prices.

  U.S. News

  Apr 15
  
• U.S. would ‘absolutely not’ drop all tariffs if Canada did same: Bessent

  U.S. Treasury Secretary Scott Bessent cited Canada's recent trade agreement with China that reduced tariffs on some Chinese EVs as a reason for not dropping tariffs on Canada.

  Politics

  Feb 5
  
• Advertisement
• ‘I would not pick a fight,’ Bessent warns Carney ahead of CUSMA talks

  Exceptions under the trade deal, known as USMCA in the U.S. and CUSMA in Canada, protect Canada from the heaviest impacts of U.S. President Donald Trump's tariffs.

  Canada

  Jan 29
• Advertisement
• Bessent says an independent Alberta would be ‘natural partner’ for U.S.

  U.S. Treasury Secretary Scott Bessent said the province's vast oil reserves make it "a natural partner for the U.S." while criticizing Canadian leadership.

  Politics

  Jan 23
• Trump ready to meet Xi, doesn’t want to escalate trade war: Scott Bessent

  Bessent told a CNBC event that officials from both countries were in touch, and Washington did not want to decouple from the second-largest economy in the world.

  U.S. News

  Oct 15, 2025
• U.S. trade deals could come this week after tariff talks: Trump official

  U.S. Treasury Secretary Scott Bessent told Congress the administration is currently negotiating with 17 major trading partners that have made offers on trade.

  U.S. News

  May 6, 2025