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tv   Business Today  BBC News  February 10, 2025 11:30am-11:47am GMT

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it comes as america's biggest steel—maker 5: steel , into the
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g: steel , into the united states is going to have tariff. 77 77 tariff. notf 77 tariff. not% 7720 are you rolling out on steel, are you rolling out nippon the 51% steel nippon steel, the 51% steel nobody can the buyer? nobody can have the majority stake the us. they majority stake in the us. they put other companies, but in the united states. us not in the united states. us steel one of the great eteel ie ene afthegreet'” ' ' ” ” that drew on a bad companies, that drew on a bad and a companies, that drew on a �*dad and a bad oompany and a bad management. its but it will it lost its lustre but it will it lost its lustre but it will it back. and the tariffs gain it heels; add the tariffs help. well — the latest threat comes as trade tensions goods including coal, gas, oil and agricultural machinery. on all chinese imports that he imposed last week. the chinese move
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is limited in scope — compare that to the $450 billion worth of chinese goods on sunday with fox news. you said the is word. there are is beautiful word. there are some signs this is is beautiful word. there are some sighs this is a some signs that this is a little jittery. all goes you think iamiiies feel prices going down, will feel prices going down, energy? orare will feel prices going down, energy? or are you to that sayingto themthat inflation. get worse before it gets better. $2552??? . we better. ziggzeizgafe . we are better. z??? . we are not that rich rich, we are not that rich now, that is because we right now, that is because we all these let all these nations take �* us. let all these nations take �*us. same thing advantage of us. same thing
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200 godljon canada. with 200 million with canada. we have a deficit mexico we have a deficit with mexico $300 | we have a deficit with mexico $300 i not to that, i am that, iam not that, i am not going to ” "roan: " i'm joined by chief china economist and head uses put ea e— ee — e—e put ite e— e— as. eff .. . . . .. ttttt put it well. ttt tttet? tt t t t tt ”5: put it well. very? ~ . . , ~ they w: put it well. very? .. . . , ~ they did showcase ww put it well. very? w . . , ~ they did showcase other www put it well. very? ww w w w ww they did showcase other tariffs restricting export metals of china a which china is a dominant producer, investigations into com-anies and their chinese us companies and their chinese and also we have to operations and also we have to currency china, they have 7 they have kept 7 they have kept a 7 they have kept a tight? which they have kept a tigh7t on. it all hold on. taking it all together, they have shown the together, they'have shown the of togethergtheyhave shown the of retaliation together,'theywhave shown the of retaliation options, they t has?" ' ' t eire} afjt ” used? 7 has?" usedrany 7 they are 7; h usedrany of hut they are harsh-used any of which hut they are harsh-used any at which says to us them which says to us that president xi probably wants a
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and wants n and wants to i think tariffs are donald trump's plan. we think china could offer a of could offer trump a lot of things that could bring him to could offer trump a lot of things tha one ld bring him to could offer trump a lot of things tha one would; him to could offer trump a lot of things tha one would be m to the table. one welded—he ,, ”he 77 its the table. one welded—he ee eeeee ee its commitments fulfilling its commitments under the previous deal made in first ramp administration the first ramp administration and importing more us. aggjmoorting more from the us. �* key areas could be father hey areae eeuld he" tttttttttttttt chef ieey areas eeuld he." tt r and b and making strongerfor stronger for the it stronger for the dollar, this something that we '5 §§m§§hifi§7ffi§ff fi t”? xi the 's efi'fiethififi’ffiif’ 77 if" xi once and president xi once and donald trump would also happy trump would alsobe. happy with. �* things would trump would alsobe. happy with. �*things would be investing other things would be investing the us and perhaps the final
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in the us and perhapsethe final even helping one, even helping bringing vladimir to vladimir putin to the negotiating table on the of ukraine subject of ukraine using china's influence there. fishy subject of ukraine using china's influence there. any of those wins _ australia and south korea, going to help? it isa it is a good what is his with tariffs? his. objective withtariffe? are— ———— ~ - tactics, are means to t in the us in the us rather investment in the us rather than manufacturing offshore. or than manufacturing offshoreffir they final factor are they the final factor being to raise fiscal revenue, boost so they can tax to boost so they can have tax cuts in america. it is a three. but the mixture of all three, but the other main driver in the us other main driver in. the us. year is deregulation and this year is deregulation and
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maintaining of tax a maintaining of tax cuts, a fiscal and relying on the maintaining of tax cuts, a fiscal and re| and on the maintaining of tax cuts, a fiscal and re| and domestic �* to power activity. e== very much. to paris now. a trillion dollar �*stargate' project announced by the trump translation: france is going to go faster. l
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welcome to you are in welcome to the you arein z??? tt t welcome to the yotherinz:?: tt t welcome to the yo the organisers t t at the mement the erganisers more home after last want more heat home after lastee ,,. e ee. .. .,- ai safety in want more heat home after lastee ... e eeee .. ..- ai safety in the year's ai safety summit in the uk. want ai year's ai safety summit in the uk. want al to be year's ai safety summit in the u. ...wa~ ., be gw for? so our institute is hoping for? so our institute is here to ensure the ai peopl; e... e. .wew: w. weenie—t22— peopleiin; z r: if people in society. we f welcome ociety. we |;welcome the ty. we f welcome the focus 3 f welcome the focus on really welcome thefocus on al and sustainable ai and the inclusive of inclusive process of bringing people to the table, we want 77- t:—— that the industry is ensure that the industry is right and people best able to t: -= t the ai for gngsure the ai works for people able to do so. ans �* "a "~ '—%'2 able to do so. gen; �* |�* a .t . jug? ab and do so. 5.15 - ab and benefits gngsure the ai works for people ab and benefits of the gngsure the ai works for people ab and benefits of tech re values and benefits of tech imbalances felt more values and benefits of tech imbalar there felt more values and benefits of tech imbalar there is felt more values and benefits of tech imbalar there is a felt more values and benefits of tech imbalar there is a big more widely, there is a big disruption with the chat bot deep seekers be 5 be done 5 be done at 7 think could be done at the
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to move dial on summit to move the dial on that? , , nmma! that? lbggs: || u �*a. m that? loops: ' .' .i what future we that? loops: ' .' . what future we from about what future we get from al technologies. it is ai technologies. it is important to remember the ai trajectory is really trajectory is not really determined. it shaped by the determined. it is shaped by the choices that companies, and wider society meat -eei -am= meat and we need me buildin- id we need to me buildin- the e need to ai the ai technologies benefit in society and people in society and more inclusive the government that it might summit today —— in today, today —— in the surnrnitteday. ———— need to today —— in the surnrnittoday. ~ ~ ~ ... need to build out they need to build out the ww ww w w ww to make sure the incentives to make sure the tech it make tech knowledge it works, make the doesn't fall on sure the roof doesn't fall on us, if you well make gglif yeuewell and make sure invest in alternatives make that and to; ”imandfibenefits that and benefits to sure that value and benefits. to .. e .. technologies frankly these teehnelediea and franhtywwww w ww ww ww we these teehneledies and franhtywwww w ww ww ww we won't be rents t -7 rents to a few extortionate rents to a few country needs for next large country needs for next generation. we are concerned generation. we areconcerned the provided that the scaffolding provided not strong enough. while the
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is not strong enough. while the summit and the summit declaration and the pieces of work associated pieces of work coming to it have informants coming on to it have informants rooms of many in various rooms of many actors over of many months, in various rooms of many actors 0v( are of many months, in various rooms of many actors 0v( are pleased ny months, in various rooms of many actors 0v( are pleased to months, in various rooms of many actors 0v( are pleased to see iths, we are really pleased to see that it does highlight consensus and there a zkey key structural are key structural risks ai , are key structural risks ai, especially in are key structural risks current ai, especially in are key structural risks current state. especially in are key structural risks current state. and cially in are key structural risks current state. and ciall we its current state. and that we do need to — risks like market concentration, on concentration, impact on neighbouring markets f—i t sustainabilitychattenges. but say fails to we would say it fails to build the ambition to make ai safe on the ambition to make ai safe 7 7 7- 7— ai trump? force. but ai trump has force. but ai trump has said ce. but ai trump has said it. but ai trump has said it is tut ai trump has said it is at donald trump has said it is a breaks approach the do 7 w w 7” ”do w ”think regulation. where do you think that safety heading? that safety measures heading? it an situation it is an interesting situation the moment. i; is an interesting situation the moment. the us at the moment. the us is clearly forging a new pack ai and it will there with aland it will challenges for other inétesti ng
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inétesting the t—tt t of ai systems t t of ai systems before safety of a! systems before hit the markets are real world. this ti — zj-e not be without will not be solved without as, it if; to countries'working together to the products entering saved on arrival. that has to be done with food, air and other industries, travel and other industries. of the actions in the ai travel and other industries. summit tions in the ai travel and other industries. summit and ; in the ai travel and other industries. summit and othere ai action summit and other if the us foundations. if the us leaves the safety space, that leaves a the safety space. thatteavesa— ~ . ~ potentially. but the safety space—3. thatteavesa— ~ . ~ potentially. but it the safety space; thatteavesa— ~ . ~ potentially. but it is be filled by vacuum that can be filled by �* countries —u for examplet, through together. for example, through the network of the growing network of ai safety and safety institutes and framework thatis safety institutes and framework that is already in such —e:: = -:z the eu ai t much joining us. parliament later today — as they continue their campaign against changes to inheritance tax rules. oxford and aberdeen also saw farmers take to the streets
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the protests come as mps debate a petition calling the national farmers' union has warned that many were struggling to survive even before the tax changes. they have lost subsidies that came with eu membership — that will impact land forfood production. a concern shared by food and farming analyst sean rickard. a food—production policy. about net—zero.
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to help the environment, and, three, to make that is business today for you are
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now let's kick things off with the superbowl where the philadelphia eagles defeated the kansas city after three touchdowns
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from their quarterback in new orleans. the super bowl may over if you are a playér . wcwwt zi playerotrttttt tt player orfan, eagles player orfan, the party has just they absolutely the kansas flit? most 7 bea be a close 7 be a close today. this would be as class tgday, and hertz, this would he s close today, and hertz, the mvp was eiziwiizh’e: , , the fié�*chief; start of the game, the chiefs well below par without �* quarterback. �*quarterback. remember �* quarterback. remember the star quarterback, remember the were trying to win three in row, no team super bqwls'ifl'e rowrrlo team, ever done that. the eagles a stop to 77 a stop to that. 77 put a stop to that. in the bigger stars on attendance, the bigger stars on the jay—z, adam ' ' adam gandler and adam éandler and even swift, adam sandler and even donald trump in
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