Canada is the 3rd close U.S. ally that has announced in recent days its intention to recognize Palestine in September.

The clock is ticking closer to President Trump’s latest tariff deadline of Aug 1. And while several more deals have been reached, talks with many countries are still in flux.

Key trading partners without a deal so far include Canada, Australia and India. Come Friday, the world will have to contend with higher tariff rates from the Trump administration, raising the specter of even more economic uncertainty.