U.S. Department of the Treasury
10/20/2025 | Press release | Distributed by Public on 10/20/2025 16:38
Readout from Secretary of the Treasury Scott Bessent’s Meeting Canadian Minister of Finance Francois-Philippe Champagne
WASHINGTON - Last week, Secretary of the Treasury Scott Bessent met with Canadian Minister of Finance and National Revenue Francois-Philippe Champagne to encourage Canada to further engage on outstanding U.S. trade concerns, including imbalances in auto trade.
Secretary Bessent also emphasized the Administration's expectation that Canada, alongside Europe and the UK, increases economic pressure on Russia through coordinated G7 efforts. The Secretary also emphasized the need for a unified response towards China's global rare earth export controls, and the importance of diversified supply chains.
###
U.S. Department of the Treasury published this content on October 20, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 20, 2025 at 22:41 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]