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U.S. Treasury Secretary Scott Bessent faced pointed questions during his appearance before the Senate Banking Committee, firmly rejecting the idea of zero tariffs even if Canada were to eliminate all duties on U.S. goods. Responding to Senator John Kennedy, Bessent said the Trump administration would not agree to a tariff-free arrangement. The hearing also turned combative as Democrats questioned Bessent over alleged conflicts of interest tied to World Liberty Financial, a cryptocurrency venture linked to the Trump family and backed by major investment from United Arab Emirates officials. Bessent defended his record, warned against what he called “regulation by reflex,” and pushed back on criticism over inflation, housing affordability, and crypto oversight. #scottbessent #uspolitics #trumpadministration #tariffs #canadatrade #senatehearing #financialservices #cryptocurrency #worldlibertyfinancial #uaeinvestment #usfinance #economicpolicy #inflation #housingcrisis #tradepolicy #globaleconomy #usnews #politicalnews #bankingcommittee #washington Subscribe to The Financial Express: https://bit.ly/2TN006o Welcome to The Financial Express, your trusted source for world affairs, geopolitics, business news, global economy updates, and market insights. Connect with us: 📌 On this channel, we cover: Global news & geopolitics that impact world International markets, trade, and policies Finance news & global economy trends Business analysis on global companies & economies From breaking updates on the US, China, Europe, India, and beyond to deep dives into global markets, trade wars, and international relations, we simplify the most important stories shaping today’s world. At The Financial Express, our goal is to keep you informed, empowered, and ahead in the fast-changing global landscape. 🔔 Subscribe now for daily insights on world affairs, finance, business, and economy. #Finance #Economy #WorldNews #Geopolitics #StockMarket #GlobalEconomy #BusinessNews #MarketTrends #InternationalNews #TradeWar #GlobalAffairs #GlobalMarkets Facebook: / thefinancialexpress Twitter: / financialxpress Website: https://www.financialexpress.com/