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sandeepkd 2 hours ago

This is a classical problem. In theory it works when majority of the players work together and move in same direction, however everyone being opportunistic here makes in infeasible from long term perspective. Europe itself is in a difficult stage, its dealing with Russia on one end, has trust issues with China and now the its long term partner has gone rouge. The result of all this would be a mandate to be self sufficient aka anti-globalization

toomuchtodo 2 hours ago | parent [-]

That multipolar world mandate you mentioned is already here today. That was the outcome of the actions of this US federal administration. Trust and cooperation is done for a half decade or more. The world can’t trust this administration for the remainder of the administration, and they can’t trust the US electorate to elect adults for the next administration. Countries can either accept it and take action to manage their risk (redirect investment to continue to decouple, trade deals with rational counterparties) to attempt to achieve a favorable outcome, or not and experience the potential natural consequences.

https://news.ycombinator.com/item?id=43284950 - March 2025

> “How can I decouple from the US as fast as possible?” is what this leads to.

> Diplomacy is the art of saying “good dog” until you make it to the rock. The US will apply pressure for short term gain against allies while they move away long term.

lunatuna 32 minutes ago | parent [-]

I think this is where Carney landed. Trust is gone. Further, the US and the world would have a precedence in dealing with Canada. Accepting a bad deal would maintain an illusion that this was good enough and to continue on in this direction. Once Trump is gone the negotiations could restart but at a much less valuable position to Canada.

Canada has had a long term investment and productivity challenge with too much focused on North and South. I suspect that this is now the catalyst for East and West investment.

I think the calculation was that no deal and the natural consequences are not that much worse than the deal on the table short term. And taking into account the future of the above it was going to be worse.