Sec. Scott Bessent: If I Were the Canadians, I’d Be Careful Because They Wanted the Benefits of Being a State Without Being a State

EXCERPT:

BESSENT: “There is no inflationary pass-through. And so, the pain to the U.S., there is none. You know, as a matter of fact, we just saw over the weekend Sapporo Brewing, the Japanese brewer said that they are moving, because of all the trade uncertainty, they are moving their production to the U.S. And if I were the Canadians, I'd be careful because they wanted the benefits of being a state without being a state. And now that the arrangements may be splintering, everyone's going to come to our side.”