Champagne to Meet U.S. Counterpart Bessent at G20 Ministers' Meeting
Champagne will press Canada’s case for shared prosperity as Ottawa faces 50% U.S. tariffs on about $28 billion in goods.
- On Monday, Finance Minister Francois-Philippe Champagne arrived in Asheville, North Carolina, for the G20 Finance Ministerial, where he will hold bilateral talks with Treasury Secretary Scott Bessent over trade diversification.
- The meeting follows the collapse of trade negotiations 10 days ago, which triggered an escalating tariff fight involving 50-per-cent U.S. levies on about $28-billion of Canadian goods, with countertariffs scheduled for September 8.
- Speaking with CNBC on Monday, Bessent claimed Prime Minister Mark Carney turned negotiations "into a political shouting match" for personal gain, while spokesperson John Fragos argued Canada walked away after the U.S. introduced unfair terms.
- Artificial Intelligence Minister Evan Solomon compared the diplomatic tension to a "scrap" between two hockey teams, noting that while the current tone is strained, both nations remain partners once the final whistle blows.
- As the trade rift deepens, the U.S. economy faces strain from its conflict with Iran, particularly at gas pumps, adding urgency to these discussions as officials navigate the current impasse.
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36 Articles
Reformatorisch Dagblad
welingelichtekringen.nlCanadian Finance Minister François-Philippe Champagne will speak with his American counterpart Scott Bessent on Tuesday, Champagne announced. Canada and the United States are embroiled in a trade dispute following the breakdown of negotiations on a trade agreement last month.
Finance Minister François-Philippe Champagne will meet with his American vis-à-vis, Treasury Secretary Scott Bessent, on the margins of the meetings.
The Toronto Star
Champagne to meet U.S. counterpart Bessent at G20 ministers’ meeting
OTTAWA - Finance Minister François-Philippe Champagne will meet with his U.S. counterpart on the sidelines of the G20 finance ministers' meetings in North Carolina this week.
Winnipeg Free Press
Champagne to meet U.S. counterpart Bessent at G20 ministers' meeting
OTTAWA - Finance Minister François-Philippe Champagne will meet with his U.S. counterpart on the sidelines of the G20 finance ministers' meetings in North Carolina this week.
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