Europe has a new way to annoy Trump: A ‘hostile’ trade pact with Canada as an ‘associate member’ of the E.U.

Good morning. On Fortune’s radar today:

• Salesforce’s Benioff warns AI: prepare to be sued.
• Trump hates ‘hostile’ Canada-Europe alliance.
• What if AI is a commodity product that competes mostly on price?
• Labor’s share of national income in historic decline.
• Markets: Mixed, but U.S. futures are up.
• Everyone is moving their gold to London.
• U.K. monitored Elon Musk as a potential national security threat.

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This story was originally featured on Fortune.com