KANANASKIS, Alberta — Leaders of some of the world’s biggest economic powers arrive in the Canadian Rockies on Sunday for a Group of Seven summit, overshadowed by an escalating conflict between Israel and Iran and U.S. President Donald Trump’s unresolved trade war with allies and rivals alike.

The president’s first international summit of his second term comes ahead of a new tariff deadline and amid a Middle East crisis.

Consumers are making spending decisions in a haze of uncertainty about whether higher prices are the result of tariffs, inflation or companies’ push for more profits.

The NBA offseason is still at least two Finals games away, but the trade season is already upon us. On Sunday, the Memphis Grizzlies agreed to trade guard Desmond Bane to the Orlando Magic for Kentavious Caldwell-Pope, Cole Anthony, four first-round picks and a future pick swap.

While the UK is an important trading partner for Canada, it represents only a small share of Canada's exports. In 2024, the UK represented 3.6% of exports and 1.2% of imports for the country, according to the Conference Board of Canada. Exports to the UK are mainly dominated by gold and energy products.

President Trump is trying to further open up China’s market to U.S. companies as Beijing’s appetite for the rest of the world’s exports is diminishing.

Artificial intelligence is evolving into a new phase that more closely resembles human perception and interaction with the world. Multimodal AI enables systems to process and generate information across various formats such as text, images, audio, and video. This advancement promises to revolutionize how businesses operate, innovate, and compete.

Vietnam and the United States made progress during a third round of trade negotiations last week, but critical issues remain unresolved, requiring further analysis and continued dialogue, Vietnam's trade ministry said on Sunday.