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tv   Business Today  BBC News  February 4, 2025 7:30am-8:02am GMT

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two biggest economies has kicked off. china says it will do as the us's neighbours agree to strengthen their borders. war with mexico and canada. live from london this is business today,
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an hour and half ago the us went ahead with its promise of 10 percent tariffs on all chinese goods headed to the us. the global economy. with a 15% tariff. it also says it is filing a complaint with wto over the us tariffs.
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on monday as the news broke that the 25% tariffs our north america business correspondent michelle fleury is in the town of windsor, ontario, where she has been getting reaction to these latest developments. tonight they are being restocked. may be permanent. to amazon and netflix, two american companies, she isn't planning to sign back up. it's like the whims of someone
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who changes from day to day. at laval, they make parts used in other goods. that 50 years of success came from both sides working together, creating relationships that took and now knowing that that relationship was as fragile as it is and that one person's agenda can change that whole relationship and change the course of a business that's been around for half a century hurts a lot. just across the river.
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but for how long? and will be implementing a $1.3 billion dollar plan — trudeau also said canada would appoint a canada — us joint strike force to combat concordia university.
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the threat of tariffs at bay. that the tariffs were coming, i'm not sure how big a problem those two things are, or whether they are more imagined in the mind of trump but given whether that will be the opening part of the was what he wanted.
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i'm not sure how much they will last or how much they will realise does in fact come from the us but consumers do not like the thug, canadians have we can be defensive when our country is under threat. the degree to which canadians are upset that one man, as played in an earlier clip, has the capacity to wreck applied to american goods.
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corporation and told me this isjust the beginning. china as a mano y mano bargaining situation. just like and frankly, he did with canada and mexico. and china is very smart. and you can be sure that those firms are yeah, president trump is saying he's going to speak to president xi later this week. that seemed to lead to a good result. could we see the same for china? sure. and i and i believe that xi is expecting
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perhaps of a discussion. it's quite extraordinary. so i think this is quite orchestrated. as a bargaining chip. of the items that are coming up in the trade war are not necessarily economic merchandise items, but other things like the border. and so it's as if that trump sees tariffs security at the border, many more measures
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with china, it's not so simple, is it? absolutely not. up and down the supply chain. not that those are insignificant. everybody is affected. when you have the two largest economies of the world beginning a trade war. now, whether this trade war actually turns out on the phone, which is already planned, you know, who knows? xi will say something that will satisfy trump. and and it really undercuts, i think, trump's strategy
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dr harry broadman there. it's proving to be another roller coaster ride for traders. across asian markets. between the us and china gathering speed. and he gave me his view... they lost yesterday,
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because there's between between the two. raising the stakes. really interesting, in hong kong, the big winners today are all the tech stocks. it's, as i said to harry broadman, between the us and china on so many levels? america generates overall are now more than double where they were eight years ago and it actually added to them. haven't come down. property are all very, very hot
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issues between the two nations. but it seems unlikely. russ mould. china says it is to probe the us tech giant said the us tech giant was "suspected of violating what more can you us? as you the announcement you mentioned, the announcement came beijing announced came as beijing announced retaliatory tariffs that you been speaking to your have been speaking to your guests about, are going to have been speaking to your guests abo the are going to have been speaking to your guests abo the us are going to have been speaking to your guests abo the us tech going to have been speaking to your guests abo the us tech giant to {follows 77 google follows antimonopoly its business behaviour. its main business that we know is the google that we all know is the google search engine actually search engine is actually blocked in china since 2010, so many started what
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many started wondering what kind of business activities they still have in china. it _ w appsand games 7 the? n appsand games 7 the? n 6 market games to the chinese market through its local its partnership with local developers. also has some developers. it also has some local advertising business. but it is not a huge part of their business. just like bei'hgii 1551 “55 “3&5; ' ares f955; 1551 “(5 “e�*s; ' ares that were earlier, have announced earlier, some have said those moves seem more 75-155? ' ' message to because of course washington because of course beijing has repeatedly said that one is to win a war, they have been tradeiwar. and they have been for a discussion between asking for a discussion between xi of china and btggident xi of china and trump of united president trump of the united states. of course google has come this come under this allegation before in other countries, in the united states in fact under the united states in fact under the previous administration of a former president biden, so it is not something that they is net "methflo that the bee — — — — —— — ~ faced before is "st. famethao that the hae — — — — —— — ~ faced before but is "at famethao that the hae — — — — —— — ~ faced before but in is aat famethao that the hae — — — — —— — ~ faced before but in terms not faced before but in terms of the actual impact on google, may seem symbolic j a j impact
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a impact on than having a real impact on its business. this is bbc news.
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british prime minister sir keir starmer told that he wants to work together to expand the continent's and the cost of re—armament. council meeting since brexit. partner and try to agree to scrap some of the red tape allie renison is associate director at sec newgate uk, and was formerly
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head of eu and trade policy at the institute this was badged as an informal get—together of eu leaders to talk about areas that are not particularly sensitive, linked carbon markets, and also in terms of financing the cost of russia's war
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with europe because it is so difficult. it is. between the us and the eu, and it is possible that the kind of deal the government is seeking on agriculture, some a big issue in trade negotiations. from the government that it wants to reset the and the single market, so what extent will the reset make a difference to the uk
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economy do you think? if you're outside of the main trade structures of the being set rather than what it does, the eu between the uk and eu, and that is what the reset he signed an executive order on monday ordering the creation video app tiktok. 0ur north america business correspondent ritika gupta is following the story
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rom new york. for the us. a forced sale or shutdown. unclear how such a wealth fund would work, but has previously typically, such funds rely on a country's if created, it would place the us alongside several other countries that have a sovereign wealth fund, including china, singapore, new zealand, norway and saudi arabia.
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brings to a close business is. on a bbc web today is. on a bbc news web there is a live page all 7 ”all the 77 all the time 77 7 ”all the time with updating all the time with the latest on what china has gone in retaliation to the into effect just three i three hours i three hours ago. in two time i 7 time these 7 7 time these euvropean start per session. fisstssss sssts est ====ifm " ' be interesting to see how it'll be interesting to see how european share markets begin the day. in and france the day. in germany and france on monday we saw heavy losses because president trump did say becausepresidentstrurnpdidsay the eu is likely to be on that the eu is likely to be en. receiving that the eu is likely to be sh receiving end of tariffs as that 77 that i§ the that isthe latest in well. that is the latest in business. hong had a good business. hong kong had a good in the end, much to do session in the end. mash to do the session in the end. mssh to do the j j’t as session in the end. mosh to do the j j’t as it asith ths tistfie east as it tech stocks saith the tietee eeee es it tech stocks were were. tech stocks were climbing. that is all from me in business. let's look the
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in business. let's look at the �* mikey madison. in business. let's look at the �*mikey madison. she is estsr missy madis'sh; ehs'is'" ' we ' to estsf missy madis'sh; ehs'is'" ' "t' ' to be quite the star proving to be quite the star a break—out performance in with a break—out performance in the film my preferred getting the fits! my efefeffee�* gsttihg rewards. the i i 1 25—year—old relatively unknown 25—year—old has been for has bee-ace-aaated fsr seat at has bee-ace-aaated fsr esst at all major actress at all the major ceremonies. she has to; to our entertainment talking to our entertainment correspondent lizo the out feeling like a film starts out feeling like a tale for a fairy tale for anora. a stripper turned sex worker, she marries the son of a russian but anora unknown to oligarch. but anora unknown to her friends find is what everybody is happy about it. this is not a real marriage. lizo is an incredible lizo mzimba is an incredible blend of both rigidity and strength, an you must
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[m1 mill}! mm [m to - la those being - of play those extremes. yes, of course. i recognised _ extremes. yes, of course. i recognised from _ extremes. yes, of course. i recognised from the - extremes. yes, of course. i. recognised from the beginning tegognised from the.beginning is a very that she is a very complicated character. i always felt that was somebody who was very she was somebody who was very on inside but is covering it up constantly covering it up with this harp aggression, but i do think that she is soft think that she is quite soft inside —— this hardness and one eh one am the award season, and is up of the award season, and is up for best the academy for best pictdre at the academy the momentum started awards. the momentum started when cannes. when it premiered atcannes. �*a decade, i have been to work and ultimate trying to work and my ultimate dream was to to cannes and ea— h and then we won, that 7 7 7 7 that was i i i that was crazy i i i that was crazy itself 7 i i that was crazy itself at i i i and that was crazy in itself at the so don't know, i the meetihas es ! dsa't hm�*m“ t tt t t tt t everything that has think everything that has followed has an
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followed has been an absolutely wonderful, pleasant surprise. what is it like having this of 7 of success withthe of success withfthe film? kind of success with the film? is going through your what is going thmugheyoclrhead all of that? i i what is going thmugbyourhe - all of that? ., with all of that? i think i am 'ust with all of that? i think i am just processing _ with all of that? i think i am just processing it. _ with all of that? i think i am just processing it. i- with all of that? i think i am just processing it. i know i with all of that? i think i am i just processing it. i know that .. am incredibly or iggjm incredibly overjoyed. or humbled that i have been and hombtedthat ! hase beeh in this way, and homththhet ! i�*ee'e'e beet in this way, but i recognised in this way, but i am just processing. it is overwhelming and amazing and 7—777 of the 77 77 of the things. 77 n w isfast 77777 madtaa is fast beaaaaac aae af ~~ ~ ~ talked the tami; 7 the film's writer young actors. the film's writer and director sean baker has seen at once been before and the part especially for wrote the part especially for her. ,, , ., , her. she is so unique not 'ust in her physicality i her. she is so unique not 'ust in her physicality but i her. she is so unique notjust in her physicality but there i subdued but then she can c�*elt�*ei: tiee ae etaerc-eteea "t”"t'tt’t actor, that c�*elt�*ei: liee ae etaerc-eteea tttttttt actor, that eeeleee liee ae ethe’t'eetsea'; i actor, that have ever rg 77sn7edible to
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as an actor, i sometimes watch. as an actor, i sometimes felt like i - shooting - watch. as an actor, i sometimes felt like i - shooting a - watch. as an actor, i sometimes felt like i - shooting a very i felt like i was shooting a very 7. film felt like i was shooting a very , , film and it dramatic film and sometimes it was almost like a �*film a drama, eeii ora drama, or committee, and i to navigate through my character role of those different genre bowl, it was and it7was and it was a and it77was a challenge. fun and it was a challenge. ft tt been bafta nominated and means 2025 could be an 2025 col breakthrough extraordinary breakthroogh for madison. hello. the weather prospects for the rest of this week are not looking too bad in terms of dry weather. but in the short term for tuesday, we are going to see some wet weather that will be moving its way
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pretty mild air tied up within this weather system. 30—60mm of rain could fall, which could give rise to some but you can see the line of the weather front, that rain as the rain band clears, scotland, northern ireland but it is going to be mild — through the evening. we could see snow down
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to 200m or 300m elevation, but a relatively bright start. just a bit more cloud building, temperatures between 7—10 degrees in most places. now, this area of high pressure is responsible the high will tend to slip away northeastwards. we'll pick up more of an easterly flow some pretty cold air our way. but certainly we are going to see temperatures dropping away through the end of the week to the bbc weather app.
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live from london, this is bbc news. china retaliates to president trump's tariffs.
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levies come into force. gaza ceasefire deal. and a world leading trial to test how artificial hello, welcome to the programme. trump's new 10% tariffs on all chinese exports to
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the united states take effect.
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