The t-string proposal involves using new data types to abstract the concatenation and formatting process, but it's still a compile-time process - and the parts between the braces still involve code that executes first - and there's still no separate type for the overall t-string literal, and no way to end up eval'ing code from user-supplied data except by explicitly requesting to do so.
Python source code is translated into bytecode for a VM just like in Java or C#, and by default it's cached in .pyc files. It's only different in that you can ask to execute a source code file and the compilation happens automatically before the bytecode-interpretation.
`SyntaxError` is fundamentally different from other exceptions because it can occur during compilation, and only occurs at run-time if explicitly raised (or via explicit invocation of another code compilation, such as with `exec`/`eval`, or importing a module). This is also why you can't catch a `SyntaxError` caused by the invalid syntax of your own code, but only from such an explicit `raise` or a request to compile a source code string (see https://stackoverflow.com/questions/1856408 ).
It is NOT about the possibility of referencing existing / future (lazy / deferred evaluation) string literals from within the string, but about a format string that would literally evaluate arbitrary functions within a string.
On the other hand, the current solution offered by Go (fmt.Sprintf) is the one who supports a user-supplied format String. Admittedly, there is a limited amount of damage that could be done this well, but you can at the very least cause a program to panic.
The reason for declining this feature[1] has nothing to do with what you stated. Ian Lance Taylor simply said: "This doesn't seem to have a big advantage over calling fmt.Sprintf" and "You can a similar effect using fmt.Sprint". He conceded that there are performance advantages to string interpolation, but he doesn't believe there are any gains in usability over fmt.Sprintf/fmt.Sprint and as is usual with Go (compared to other languages), they're loathe to add new features to the compiler[2].
[1] https://github.com/golang/go/issues/34174#issuecomment-14509...
[2] https://github.com/golang/go/issues/34174#issuecomment-53013...
When compiling, those can be lowered to simple string concatenation, just like any for loop can be lowered to and represented as a while.