Prime Minister Mark Carney confirmed earlier on Wednesday that trade negotiations have not been finalized just two days ahead of the deadline. “It is possible that [negotiations] may not conclude by the first of August,” Carney said at a news conference on Wednesday. Trump set an Aug. 1 deadline for Canada to reach a trade deal and has threatened to impose a 35 per cent tariff on goods that don’t comply with the Canada-U.S.-Mexico Agreement (CUSMA). …”The president has been very clear … that there are certain sectors that are strategic, in their judgment, to the United States’ economy: aluminum steel, automobiles, pharmaceuticals, semiconductors and lumber,” Carney said. The prime minister previously hinted that the Canadian government is in no rush to finalize a deal by Friday, saying last week that his objective is “not to reach a deal whatever it costs.”