Trade blocs and middle-power hedging
Climaxing narrative around middle powers (Canada, Bangladesh, Finland) hedging between US, China, and Europe. Key figures: Mark Carney (architect of $1T capital mobilization plan), Tarique Rahman (Bangladesh PM, bilateral with Xi), Alexander Stubb (triadic framework). US-Canada trade feud escalates with Trump weaponizing wildfire smoke for tariffs. China pivots to Europe via Wang Yi charm offensive. Agentic supply chains emerge as AI sovereignty frontier. Minor diplomatic spat: Carney's joke at Trump's expense. New analysis in 'The Self-Inflicted Decline of American Leadership' provides critical perspective on US reaction to Carney's Davos speech, quoting Colby, Hegseth, Rubio, validating middle-power strategy as a real geopolitical shift.