against too much regulation of aritifical intelligence at the ai summit in paris. and — is it corroding trade — as trump fires another tariff salvo targeting steel and aluminum. of a wider trade war.

welcome to business today. let's start in paris where two of the biggest players in the artificial intelligence sector, the united states and britain, have failed to sign the final communique pledged an inclusive and ethical government said it had not been able to agree on all parts. we to embark on the ai revolution with a spirit of openness. agree that kind of openness. to agree that kind of trust we gag is : : ~ openness. to agree that kind of trust we gag in: s s " openness. to agree that kind of trust we gag in the s s " °p9nness. to agree that kind of trust we gag in the regime i openness. to agree that kind of trust we gag in the regime that " gig; 77 thecreation 77 77 the creation offai fosters the creation of ai technology. we need our

fosters the creation of ai technolog friends, ed our fosters the creation of ai technolog friends, in our european friends, in particular, to look to this new 7 �*with rather frontier with optimism rather trepidation. let's speak now with the ai now institute�*s amba kak, amba, that was the us vice president's take — of this summit? we are still unpacking what has over the few happened over the last few days. i would describe it mal mat all mixed messages. not all coherent and it is self—contradictory. it is quite an act of flexion of the chaos we are in moment we are in there significant treats our 70 significant treats have our headline link this mission. it

-e really a counterpoint to is reallya counterpoint to industry. on the other this industry. on the other hand, whether it was vice president vance, or macron's around the hundred announcement around the hundred billion dollar you billion dollar investment, you can tell that the ai acceleration is alive well. acceleration is alive and well. the message was very clear. need more capital, more they need more capital, more energy and more private infrastructure. no �*ihad to i i had to look for an if i had to look for an optimistic place, we are an optimistic place, we are in an atmosphere of a suspension. just macron saying that more are needed i are needed to? are needed to move is 27“), they are just parting tatigtard. they are just parting that ,, ,

ways that they? the us is quite isolated on _ ways that they? the us is quite isolated on this. _ ways that they? the us is quite isolated on this. the _ ways that they? the us is quite isolated on this. the true - icture is'a tittie bit more p it picture is'a tittie bit more it is the picture is'e tittie bit more it is the uk as :-= the message from well. the message from governments all over the world that are open is that we are open from business. countries do business'fiountries do that there is a place recognise that there is a place for guardrails. the uk is siding the us. we have siding with the us. we have talking about this because been talking about this because of deep seek. been talking about this because of deep seek-— of deep seek. how can you ca ture of deep seek. how can you capture . economic - of deep seek. how can you i capture . economic benefits capturethe economio benefits innovation well capturethe economio benefits innovation risks? 62"? " 7 eapturetheieeonomie a ~ - ~ ' innovation risks? g? eapturetheieeonomie a ~ - ~ ' innovation risks? , 7:72 deception in the ai some real deception in the ai you can do so much more less. but in the limited

that its models are sense that its models are available off the shelf to there has been a long download; there: has been a long contested deonleedn there nee been e long contested on and hotly contested debate on whether what we even by whether what we even mean by open source on al. does it have esisiieeiiiij-z;77? n z— e—; m 2—— f it be a mistake to that source is a =-—= silver bullet and it is the end of big tech dominance. i think you can open up your models, the fact that com-cutin 7 talent and 7 infrastructure, talent and access to are still access to markets are still to very few players. beholden to very few players. it will be a long before beholden to very few players. it it can e a long before beholden to very few players. it it can democratise before beholden to very few players. it it can democratise be�* market. e you for all that.

imports into the us, repeating a move from his first term. canada is the latest to denounce it, with but offering to work with the administration. headed response. y)this comes as donald trump is also putting pressure moments ago, the chair of the us federal reserve has to cut interest rates. stance. we know that reducing policy restraint too fast or

let's head to new york and our north america which shouldn't be surprising — but is worth noting in the era of trump. inflation easing still remains high and above 2% target. as a its 2% target. as a result of that, they think they have time that, they think. they have tiroe sit back and not do anything to sit back and not—do anything wait and see what happens eneeeitene seeeehet neeeens they move again. it is a beforetheymove again. it is a obviously

contrast to obviously statements by tramp on the campaign trail, about he to see :-—e? to see do. it at a time when lots of comes at a time when lots of policies are comes at a time when lots of polii economists i ::::si comes at a time when lots of polii economists i could if comes at a time when lots of polii economists i could push comes at a time when lots of po inflation. ists i could push comes at a time when lots of po inflation. ists i cou beiush [ma mm donald taiwan tariffs have huge around the world. repercussions around the world. they adding rocket fuel to they are adding rocket'fuel to plans around in treasuries the plans around in treasuries around the world.— the plans around in treasuries around the world. bond markets have been _ around the world. bond markets have been having _ around the world. bond markets have been having an _ around the world. bond markets have been having an interesting| have been having an interesting time. to see how government inflationary some government policies will be. tariffs are the ones that are —:: —:7 7 w 7 at? ”wriitiwill looking at. whether it will to higher prices. they need to higher prices. they at policies in totality. look at policies in totality. tariffs, ' fiscal ' regulation, fiscal policy, based on that they react based on that they will react they need to. that feeds

into that decision to hold many people are looking 77 today 77 77 today and 77 77 today and wondering 77 77 today and wondering how �*tramp 7 7 �* tramp will 77 �*tramp will go 77 �*tramp will go with 77 �* tramp will go with these far tramp will go with these 1:5 is behind the teriffei te'het is behind the set of tariffs, latest set of tariffs, particularly on steel and aluminium. �* i particularly on steel and aluminium. �*iwas ii . .. a is... . i 7"""'” no a toaan speaking to a an expert and here's what he had to say. i don't think he's going to be successful in that regard, i should note. capacity realisation, production, employment that president trump and fans in the steel industry wanted. tariff did. and it depressed demand for steel and aluminium.

donald trump has ordered the department ofjustice donald trump's argument is that the law meant disadvantage compared to countries with more lax legislation. a white house official said that the country's "national security depends on america and its companies gaining strategic commercial advantages around the world". since the introduction of the foreign practices act. i think this will prove to be a big mistake, and one which is very costly for american businesses,

officials demanding bribes from them. bribes to be paid in some very difficult markets. you are saying that it will make it difficult for make it more difficult for businesses. 31 companies were under investigation at the isn'tthe of 202a. isn't the argument amongst is they to ' we ntgto avoid over enforcement? businesses don't want have to pay bribes. brides they create a are costly. they create a lot of liability for people. to be asked to . to be asked to pay don't want to be asked to pay bribes and they are they bribes and when they are they want able say, i'm want to be able to say, i'm but there's no way we sorry but there's no way we are paying these. there are strong laws affect our businesses laws that affect our businesses that mean the

of a situation where �* has not been repealed but not being create a is not being enforced, create a huge degree hugedegree of uncertainty for five year those businesses. five year statute of limitation after the president is they president term is over, they could be liable for any bribes they paid. that they paid. to eteedi'end ,. africa, art that they paid. to eceetli'end - africa, - art east south africa, middle art east on sales, these laws been on sales, these laws have been used. laws are to be used. new laws are going to be drawn up. how would you advise used. new laws are going to be drav they how would you advise used. new laws are going to be drav they how wou at? u advise used. new laws are going to be drav they how wou at? iliaihat ise that they are drawn at? sje’ been a most promising that they are drawn at? sje’ a been a most promising sign that they are drawn at? sje’ a degree most promising sign that they are drawn at? sje’ a degree m cooperation] sign that they are drawn at? sje’ a degr lawr cooperation] sign that they are drawn at? *:e’ a degr law enforcement | sign between law enforcement agencies btingjng tcasest mutti—iurisdictiienat easessss ss rolls—royce, airbus, i- 7 7 otherswe have 7 77 others. we have had the 0ffice office and serious fraud office and offices in france working

together on these cases to bring these prosecutions. it is really important that we are able to continue see that without level of cooperation. without it, that is a big challenge for the fraud office to the seriousfraud foice to successful cases. the serious fra ' - successful cases. bring successful cases. that is a deep dive — bring successful cases. that is a deep dive - business. - stay with us here on bbc news.

there �* you the pictures from there �*you the pictures from the house. we are from the—whitehouse. �*a’e are for that meeting waiting for that meeting between king abdullah jordan between king abdullah ofjordan and is a and president trump. he is a first arab leader to meet the �*american president. �* american president. that �*american president. that is new american president. that is honour and underline the and depth �* the strength and depth of the between the us and relationship'betweenthe us end crucially, king jordan. crucially, king arrives there and he abdullah arrives there and he be told by donald trump

he must: he mustzsupport he mustfsupport him