Carney, 59, will be taking on the reins of his country at a time when it is locked in a trade war with the U.S., its largest trade partner.

Mark Carney was elected leader of Canada’s Liberal Party, poising the former governor of two central banks to replace Justin Trudeau as prime minister.

Those domestic concerns have been eclipsed by Trump’s swingeing on-again, off-again tariffs and annexation talk — which many Canadians are taking very seriously. For more than a year, the opposition Conservative party and its Trump-inspired leader Pierre Poilievre had led Trudeau’s Liberals by up to 20 points or more.