Two-thirds of Canada’s exports go to the United States, down from three-quarters a couple of years ago. Each of these ushered in a new world order, which lasted for a few decades until the next inflection point. The next five to 10 years, Stubb thinks, will shape the world order over the next 30 to 50. Success will depend on whether Washington wants to preserve a multilateral world order in which it would not exercise power as freely as it has over the last 80 years. They will try to maintain trade and financial links to both China and the United States.

Source: The Guardian February 22, 2026 15:33 UTC