3. Washington and Ottawa may find an off-ramp from the current trade war, but Canada will continue to reduce its vulnerability to U.S. economic pressure. It remains unclear whether last month’s breakdown in trade talks marked a true impasse or a bit of theater before a deal is struck. In recent days, Trump has turned optimistic about the chances of reaching an agreement, saying it could happen “fairly soon.” But even if a deal is struck, Trump’s history of revisiting agreements he has negotiated, and the possibility that future presidents will follow his lead, mean that Canada will continue looking for ways to diminish its reliance on the U.S. economy. Simply put, when the deals you have with your most important partner are written in pencil, you would be wise to find more partners. That is especially true when you have a historical memory of that partner seeking “to pressure…[you] into dependence and, eventually, annexation,” as Carney has put it. What we are seeing now, Rohinton argued, “is the first few months of that transition” away from the model of economic integration. That trend is likely to leave both Canada and the United States worse off than they otherwise would have been.