How Mark Carney Plans to Manage Trump

Bloomberg: “A banker turned politician, Carney’s calm demeanor appealed to Canadians unnerved by seeing the US switch from trusted neighbor to adversary overnight. President Donald Trump’s tariffs and threats to turn Canada into the 51st US state turned the fortunes of Carney’s Liberal Party, which for months appeared poised to lose the election to Pierre Poilievre’s Conservatives. He assured anxious voters that the country could not just survive the trade war — but win it.”

“Carney is likely to take that same sober approach — honed by steering two central banks through the aftermath of the 2008 financial crisis — into his negotiations with Trump. He has already ditched the acrimonious tone of his predecessor, fellow-Liberal Justin Trudeau, who promised to punch back at every tariff.”