I don't know why anybody was bothering trying to seal a deal with Trump since his solemn word isn't worth air it's spoken on. But Trump apparently demanded some last minute surrenders of essential national sovereignty and even the lickspittle Carney was forced to stand up to him.
I'm not a big fan of Canada, but it's a tad better than the USA, so I'm opposed to assimilation. I suspect the vast majority of Canadians are too. Whether US-Americans have the stomach for the conquest and extended occupation of Canada is also an open question.
Whether members of the US military would want to attack Canada, ... in their eyes a loyal, but sovereign ally, is also questionable.
Canada is only a tenth the size of the USA economically. So Trump's 50% tariffs are going to hurt. But they're also going to hurt US-American consumers. Canada is the USA's third-biggest trading partner and they don't buy our resources out of the goodness of their hearts. On top of the rising cost of oil and everything dependent upon oil (including diesel for food delivery) there's all the other brainless sanctions Trump is applying on other countries around the world. US-American citizens/consumers/households are going to be pissed.
Trump's idiocy occurs as he refuses to admit defeat against Iran in West Asia. As the rest of the US ruling class refuses to admit defeat everywhere. As their selfish schemes and corruption destroy the foundations of the very society their wealth is based upon. As their delusional economic political-economic theories become less and less capable of disguising their failure. As Russia pushes the Ukraine (and NATO) to the breaking point. As China passes the USA in economic, military and "soft" diplomatic power. As they expose their total moral bankruptcy in supporting Israel's nazi-genocidal policies.
Obviously what Carney needs to do is employ some Modern Monetary Theory and spend money employing Canadians whilst (in congruence with MMT) taxing the wealthy to limit inflation. I doubt Carney will do this. He will try (and fail) to sell militarism and austerity.
The bond markets are giving their verdict and someone other than Trump would be toast. But Trump is one of the most unhinged megalomaniacs to ever occupy the Oval Office. Plus, he's building an entire infrastructure to carry out a detailed, ruthless plan of election-stealing.
Late-capitalism is showing itself for what it really is.
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