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Trump had permanently altered relations with the United States and that, regardless of any future trade deals, there would be "no turning back."
"The old relationship we had with the United States based on deepening integration of our economies and tight security and military cooperation is over," Carney said.
that sounds pretty bad, but it's not very specific
As it has to be. What Trump does next and what happens in Europe will play a big role in the details.
I don’t know why Canada and Mexico haven’t done a press conference where they rip up the USMCA agreement.
MEXI-CAN trade agreement?
Very difficult, as most traded goods pass through US boundaries via train/truck.
More "regular" trade agreements between individual states is generally more likely going forward I imagine, but the sort of integrated supply chains that we've all benefited from in North America for like.... decades and decades... is pretty well toast.
Eg. the US wants to build their own cars, in country. This means Canada and Mexico will likely also need to build their own cars, in country. Mexico has a bit more of an opportunity to build up integrated supply chains with countries in south america, though they tend to be a bit less stable -- the proximity is a win. It'd be really cool to see if they did though -- not sure what sorts of free trade agreements are around in the south, honestly.
Canada is busy trying to shore up agreements/trade with areas like asia and europe, as those are 'sorta' the same distance/calculus as shipping things via sea to mexico / south america.
It'd also be interesting if the waning of the US hegemony results in more western countries trading with traditionally 'blockaded' countries. Cuba has long been a Canadian vacation spot, but trade with Cuba has been limited due to US pressure. Given the current state of things, I don't see why Canada wouldn't increase trade there. And given the state of Cuba currently, it could be really beneficial for both country's people.
Elbows up, buddy!
For literally no reason.
There is a reason: because Putin wants it.
Well, yeah, what else would the US expect? Sincerely, a pissed off hoser