Trading with them significantly is a statement on their values. People who choose trade with China over trade with the US are making statements about values. As much as we hear that China is somehow better than the US - it's very much not. Yes, the US has many faults and yes greedy capitalism and all of that.
There is no possible future where our fate is not interlocked with the USA. The USA will always be able to "strangle us economically". Though why should they do that. Carney knows this very well which is why he's generally not burning any bridges. He's being assertive but knows we're going to need to work together - and he says as much. I mean just yesterday he was pressuring the provinces to get US booze back on our shelves, and they agreed. So we're gonna go through another back and forth here but eventually we'll get a new agreement. Maybe soon.
70% of our exports, or about $450 billion dollars go to the USA. $23B to China. This is structural, fundamental, been this way forever, will be this way forever. Half our imports are from the USA. I'm from BC and many business here would not exist without significant trade with the US. There is no replacement with China. China doesn't need or buy the things they make. BC's economy would look like Syria's if we were to decouple from the US.
I'm all for some diversification. I'm also all for building more things in Canada and finding more markets. But this idea that we will decouple from the US is not grounded in any reality. Yes, we're upset. Yes they've made very problematic statements and are ruled by a child. This will pass and Canada and the US will still be here.
Other than economically it's worth mentioning that if the Russians were for some reason interested in taking a bite off Canada the only thing standing between them and us is the USA. We can't even defend ourselves.