OK.. Back to the thread.. though this is more the effects of what el Chumpo has done.
Mark Carney, distinguished economist, ex governor of the Bank of England (RBA equivalent) and now Canadian PM has made a candid speech at Davos: https://www.abc.net.au/news/2026-01-21/carney-blasts-trump-canada-davos-world-economic-forum/106252354
OK, he has struck deals with China and Qatar, both not high on the human rights records, but importantly, Canadian pension funds are invested heavily in US government debt, and if they offload it and stop buying it, el Chumpo may need to increase those tariffs a little more anyway.
Lucky Canada has successive governments that have taken a fairer slice of the wealth from the resources, unlike successive Aussie givernments that seem hell-bent on giving ours away for almost nothing in comparison (then compare to Qatar, Norway, and even Alaska, which are even better at retaining wealth).
Imagine the leverage we would have if we accunulated the wealth from our resources properly.
Anyway, Carney's speech I think officially heralds the beginning of the end of US domination.