TORONTO (AP) — Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader Sunday as the country deals with U.S. President Donald Trump’s trade war and annexation threat, and a federal election looms.

The Liberal Party of Canada has chosen Mark Carney as its new leader and, as the party in power, will swear him in as the country’s new Prime Minister of Canada. The election came as a surprise and interests north and south of the border are curious to see how Carney responds to the escalating trade war with the U.

Mark Carney won the race to become Canada’s next prime minister, putting the former central banker in charge of the country just as US President Donald Trump’s administration threatens its economic future.