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tv   Business Today  BBC News  February 12, 2025 7:30am-8:01am GMT

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we start with fears of an escalating trade war president trump pushes ahead with new tariffs with canada's prime minister trudeau promising a tough for the country's industry to be protected. the biden administration. the changes take effect from march 12th. and pharmaceuticals. well, the reaction has been swift. chancellor scholz told
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germany's parliament that and he reminded the us that it would be taking in brussels, the eu trade commissioner maros and fuelling inflation. in addition, tariffs are not only harmful for the trading system as a whole. put simply, it is a lose—lose scenario. way by countermeasures. competitive threat — china.
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economic integration that benefits the united states. canada's prime minster justin trudeau has been in paris for the ai summit. later he'll be holding talks with european he warned they would work together to counter the tariff threat. impacts on americans and canadians of these will be firm and clear.
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on international trade law and now a partner at i asked him what prime minister trudeau will be talking about with eu leaders. the canada—eu trade agreement, which came into force in 2017 between the eu and canada. it's now 160 billion of bilateral trade so how to deepen that in the context of a united states
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leader and its retreat from engagement in multilateral the breach and try to keep upholding the value on steel and aluminium. of those metals. could be enforced. yes. and you know, we've seen this movie before. the major action of the us administration under the first on steel and aluminium.
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only in 30 days. is deep and broad. that's going to harm the us. challenge of china. christophe bondy there with his analysis.
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the us is india's top trading partner — with trade reaching $190 billion in 2023. by president trump. which trump has often criticised, were pre—emptively batteries and mobile phone components that could benefit trade and tariffs will be key discussions between the two
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be on avoiding any potential trade war. multiple media reports say that india is already preparing an additional list of tariffs on us products that could be reduced further, which could boost american but the sticking point in the discussions between the two undocumented indian immigrants, shackled in a military plane — a sight that created an uproar across india. is most likely to raise.
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for more legal visas for skilled workers, most of whom work top trading partner and an ally it needs to counter china's influence in the region. while both modi and trump share mutual admiration, ethical, safe, secure and trustworthy" under
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position on al and regulation. we believe that excessive regulation of the ai sector could kill a transformative industry, just of the united states. eu commission president ursula von der leyen said private deal to develop ai infrastructure, but admitted as this event draws to a close, one of its themes of flat as the us and uk have refused to sign the summit�*s diplomatic declaration.
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and towards competition. political point—scoring. mark cieslak, bbc news, paris. the world economic forum — she's just been at the paris summit. over the statement. however, we need to see what actually will happen given the differences in economic conditions, labour market and cultural backgrounds, countries have always taken different
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regulatory approaches. and authority to the individual sector—specific regulators, however, we do know that technology is a globalising force. it does require some sort of a coordinated kind
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demand is going to account for almost 3% of global electricity demand by the end of the decade. i mean, what was achieved then at this ai action summit i think it's the shared understanding of where we are ofjust a few pockets of, you know, hotspots such as silicon valley, such as,
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you know, where things heathrow airport is set to confirm a multi—billion to the government this summer. if president donald trump's tariffs end up making aluminium cans more expensive. and aluminium entering the us. of using 50% recycled materials in its packaging by 2030, to using 35% to 40% by 2035.
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around the world and across the uk. this is bbc news.
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goldman sachs says it's abandoning a four—year—old policy not to bring companies to the stock market or three weeks, tariffs on, tariffs off.
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if you dial the clock back, you know, three, six months, about animal spirits. tempered because people are uncertain about they anticipate that coming. but if you're going to make a major acquisition the valuation if you're not sure, is it going to be a 10% chain going to be? when you talk about deregulation, the other area is sort of in workplace and hiring intentions,
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and we also absolutely are committed to getting the best talent from wherever we can get it. public companies that had all white male boards. two had to be not all white and male and at least one a woman. you have ditched that commitment. why is that? a change of behaviour, a change in focus. of views on that board.
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it's served its purpose. going for three centuries, but is now under threat. the midlands since the 1700s. many of the historic businesses struggle for survival. to call in administrators — with the loss of 83 jobs. of the ceramics industry and then continue to punish it from gas to electricity.
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is so high and indeed the infrastructure because they must use gas. hydrogen infrastructure isn't there as an alternative to lng. yeah, absolutely. what we're looking for is a government that stops and support the industry, help it to move to electrification so ensure that there's a grid there that they can connect to, playing field.
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plenty more business stories on website. do take a eur website. £29 take, a lee's... the bbc app. i'll be ilii, ind in a moment with back, in a moment with more news shell beck in e mement with more news shell and its week beck in e mement with mere news shell and its week in the court london. stay with high court in london. stay with us on bbc news. a £1 billion clean—up operation of polluted land in southern nigeria has been beset with court in london between two nigerian communities in the niger delta.
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it's been seven decades since oil was discovered as toxic wasteland. the family of this 50—year—old mother of six until a decade ago. have gotten diseases from drinking the water and many have died. i've lost eight kids. literally smells like petrol.
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grace lives in nogales with her partner they have access to. so do you have to be careful how you how much water you use? yes. in 2011, the un found people were drinking and part—funded by oil companies, including shell. but one person who worked on the scheme and whose identity we're protecting because they fear reprisals, by the government and shell to be failing. most of it is to fool the 0goni people. and the contractors.
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to nigeria last year, according to minutes obtained shell told the bbc...
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in nigeria, but questions over its conduct and simi jolaoso, bbc news, 0goniland. now it's time for a look at the weather. temperatures really struggling. over the overcast skies there in scarborough, with the onshore winds pushing the waves onto the beaches. in liscombe in devon. the average here is seven. below the seasonal average.
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but increasingly these atlantic fronts will try to push in from the west. in scotland, well, there are signs that the skies could be a touch of frost here, but otherwise it's largely cold again. are signs that we should see the cloud break up in 0rkney, temperatures like they have been for a few days now — a little bit lighter.
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from one of those fronts in the atlantic, so that could well bring some rain to end the day in western areas of cornwall. once that gets in, actually, thursday night sees some rain so although there could be a bit of rain to start the day completely fading away. that is possible on friday, so a few sunny spells temperatures not really changing much — again, four but across more eastern areas you're likely
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live from london, this is bbc news. an american teacher detained in russia since ukraine would be prepared to swap land with russia in future peace negotiations. will end if hostages
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are not freed this weekend. footballer sam kerr says she's focused and, this is the scene live in hawaii, as the kilauea volcano continues its on—and—off eruption. an american teacher, marc fogel, has been after being freed by russia. you they include flashing images.
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