us president donald trump says he has plans for more tariffs, as chinese duties on american goods come into effect. plus, world leaders and tech bosses will gather for an ai summit in paris. the spotlight is on deepseek. hello and welcome to business today. i'm steve lai. let's begin in the united states, where president donald trump has said that he will impose a 25% tariff on all steel and alumnium imports, with a full announcement to come later on monday. speaking to reporters

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concerning. but it does clearly the —::: of trump's 7 i of tru durin- th of tru during the campaign ' s'lépilé'ri'ff'sb’” ' 51a}; mfg ap’” ' 51a}; unis gp’t'o' ' slap mfg gp’t'o' 60% ' élépi mfg flp’t'o' 60% on to slap tariffs up to 60% on china. far, he did - so that's so far, he did 10%. so that's clearly risk _ so far, he did 1096. so that's clearly risk those _ so far, he did 1096. so that's clearly risk those could - continue to rise tariffs centinue te rise e�*fsr " ~ " f w "w coming months and quarters. the coming months and quarters. we china's own retaliatory to kick in today, do far? 7. .7:'f 'i:: ' 7 far? it has far? it has seem response so far? it has seem rather measured have rether meesured end'they'heve a with 7 trade , �*e’erld tracie greenizetien there tariffs fairly measured. there tariffs on the around £20 worth of %——————ffz t’” .7 7”, to 7 billiongoods campared ta qqgbillidn gang's by us. so clearly, targeted by the us. so clearly, this is not a symmetrical retaliation. china also on retaliation. chinardid atse en of the retaliation. chinardid also on of the tariffs announce a top of the tariffs announce a bunch of nontariff export controls and including export controls and some companies being but for the most targeted. but for the most part, nontariff eartl these hehtarift m,,,7,.,,77,77,,,, more eartl these hehtarift reeaeeree ~ ~ , . more frets eartl these hehtarift measeres ~ ~ , . more frets than escalations are "eere frets thee eernlnhane— , , , ~ ~ ~ th|s ae "me fetf than effa'atflflr , , , ~ ~ ~ this point. for the

at this point. for the export controls, the mineral will be subject to export licensing —— threats. i suspect licensing rr—r—rrthreats. ! sosoeot experts licensing rr—r—rrthreats. ! sosoect experts will continue in the experts will continue in the experts will continue in the is just in -lace in - lace increased putting in place increased leverage in chips leverage in negotiating chips to bring to the for any to bring to the table for any future talks with trump over , kind of deal. is fotoce talks with boots otter 77, .7 kind of deal. , fotoce talks with boots otter as,» kind of deal. , ., ., some kind of deal. is it too soon to _ some kind of deal. is it too soon to say _ some kind of deal. is it too soon to say there - some kind of deal. is it too soon to say there has - some kind of deal. is it too - soon to say there has - any soon to say therehas been any fallout or soon to say therebas been any fallout or impact on economic fallout or impact on china's economy from round china's economy from this round i china'seconomyjromt,�* . .. of tariffs? i think at this staae, of tariffs? i think at this stage. it _ of tariffs? i think at this stage. it is _ of tariffs? i think at this stage, it is still - of tariffs? i think at this stage, it is still too - of tariffs? i think at this | stage, it is still too early of tariffs? i think at this . stage, it is still too early to expect any damage. if anything gxgect any damage. if anything. have seen gxggct any damage. if anything.. have seen in the recent what we have seen in the recent trade data is share of us trade data is the share of us exports going china is as —— result as; i—resultof 7 7 rising as you —— result of importers trying to ramp up their exports to front run some of the tariffs and we saw that during the first trade the during the first trade war. the lesson first trade war lesson from the first trade war is when the first of come into effect, tariffs come into effect, they won't necessarily be that because us protmbiii;r probablyr anticipate will probably anticipate further tariffs in the future. will probably anticipate fur the tariffs in the future. will probably anticipate fur the incentives he future. will probably anticipate fur the incentives for �*uture. will probably anticipate fur the incentives for now a. to ramp up china. to ramp up china. during) up china. during the first fidl} soar. it took about six:

from the ifromtherfiwwof ifromthefiwwofthe ta riffs baggage” ” ' " ta riffs before we tariffs before we really first tariffs before we really started to of a started to see much of a negative impact on chinese exports. tariffs on our website, bbc.com, and our mobile app. to ta ke to take with you wherever you go. high, according to official data. from a year earlier. second largest economy. the japanese steelmaker has been pursuing a $14.9 billion

the proposal had been previously criticised by trump on several occasions. prime minister modi heads to washington this week. what can tell you —— what can you tell us the plans of you tell us about the plans of prime , , prime minister modi? this is his - bilateral— prime minister modi? this is his - bilateral visit - his first bilateral visit to france his term as prime minister of india. although president macron and althgugh president macron and minister modi have close ties over the few ears. lastfew years. and some of the that would happen conversations that would happen between the two leaders would between the two leaoezswoolo around defence, well as some manufacturing, as well as some of the defence oftbegcegotementsciefente france. france a— the second largest event is the second? largest event to and india has supplier to india and india has talking about been talking about and technology been talking about and and technology been talking about

and and tech the gy been talking about and and tech the high transfer. and some of the high in and = -= airportiaircraft also, airport, aircraft and operations is one butindia orare but india and or are seeking t india and or are seeking to 1dia and france are seeking tem apart collaborate more. apart from that, leaders would also that; both leaafimssfi'als elm and france in france. but irffrance. but the of mr modi's interesting partotmr modi's to france is yisit to france is co—chairing which indicates the ai summit which indicates how france european are looking to india as nations are looking to india as far as technology and ai capabilities are concerned, especially in a world with geopolitical concerns as well especially in a world with geopolii discourse. is as well especially in a world with geopolii discourse. ll especially in a world with geopolii discourse. as tariff discourse. thanks so much forgetting _ as tariff discourse. thanks so much forgetting is _ as tariff discourse. thanks so much forgetting is across - as tariff discourse. thanks so i much forgetting is across those 77 fwe look ' w fwéiééiiifiéb dee'onnent' le’e "m'! foresee—a ~ ' m how dee'onnent' �*e’e "m'! for?“ ~ ' m how prime dee'onnent' le’e "m'! foresee—a ~ ' m how prime minister to seeing how prime minister visit pans out.

narendra modi looks to boost domestic demand and navigate the trade polices of us president donald trump. the last time we this mid—cycle correction was around and 2006 in around 2004 and 2006 in the midst �*a full cycle around 2004 and 2006 in the midst �* a full cycle for midst of a full cycle for india. this mid—cycle collection receipt is partly by the changing drivers 24:5: the economy 77 77 the economy whichéwas drioen the primarily driven through the post—covid government they could have acceleration. they could have 555507 77 are managed to that. it was a escape that; it was a major for of driver for that element of productivity. all of that is clearly fading more clearly fading off. more as we look for sectoc ,, , haoe sectoc haoe to " {h} 5533; " recover, the broader to mid—low end of this sector has to for us to see the comer; hibackto” " 77 hibacktoai " 77 firbacktoaimuc’hi 77

”back to aimucfihfihighfierfi so ,. we see at 1 7 7 we see at this juncture, *——-1*’ fallingffrom fallingrfrom 8% gdp the economy falling from 8% gdp rate —— is a rate —— is essentially a manifestation of issues manifestation of those issues and none transitions be orchestrated very can be orchestrated very quickly. so the quickly. so that is the challenge that these mid—cycle which iwhichic’o’uld ’ 77777 7wi71ici717c707ul7d las7t7 corrections which could last for a or more a year. world leaders, tech bosses and future goals for the rapidly—evolving, hugely—disruptive technology that is artificial about to change. probably one of the interesting aspects of the ai summit is seeing who is vying to the ai global the currently superpower. the us currently dominates and companies

777 7google, microsoft 7 77 7google, microsoft and oi" or which haoe east on the development of this sdms on the development of this and all will be technology. and all will be sending very senior staff to summit, including people the summit, including people sam altman, the ceo of like sam altman, the ceo of ai, the company behind open ai, the company behind us vice presidentjd chatgpt. us vice presidentjd will also be at the summit later on in the week. us 77 "can; 77 77 "some; 77 ”again; {h} use 77 "seams {h} use it? 77 ”seams {h} use w7e77have now, the that china. now, the effect that companies have had has chinese companies have had has quite dramatic. just a been quite dramatic. just a few weeks ago, the z- 7ai company, chinese ai company, announced that its technology had cost just $6 million to develop. a less than the amounts we lot less than the amounts we have from us and european have seen from us and european rivals. has had dramatic rivals. this has had a dramatic effect, wiping $1 of effect, wiping $1 trillion of value effect, wiping ii trillion of value of us stocks a -e 7 opportunities 7 7 opportunities for 7 7 opportunities for the7 presents opportunities for the uk and the eu. especially as government has gone all thé lie efigsffifisfif has fififis all 77 on

thg lllt efiefiffifisfif has fififii all 77 on hoping aha lllt afieaffifiafif nae afifia all7 77 on hoping the technology in on al, hoping the technology will able to streamline services as well as 7 summit by sharing a deepfake video on social media. he is shown dancing to a hit song and acting in a spy comedy film. and life in society. it certainly going it certainlygoing shake up it certainly going shake up the entertainment industry! escalation of a an escalation of a tariff battle between us and china. president donald trump has said he will a 25% aluminium imports come up with the full to come the full announcement to come later on monday. he imposed a 10% duty on chinese imports just last week. just last week; chinafhasrr . , ~ ~ . with its own taxes retaliated with its own taxes on some american goods such as fossilfuels and farm

than7ks for than7ksforjoining machinery. thanks for joining me. machinery. thanks forjoining me. see you again soon.

hello and welcome to sportsday. i'm jane dougall. for carlos alcaraz. in the programme.

hello there and welcome. in england and in scotland. argyle are struggling at the bottom of the championship, england's second tier, but they stunned the premier league leaders with a second—half penalty, ryan hardie scoring from the spot. that beat tottenham to reach the league cup final on thursday. on to take a famous win.