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tv   Business Today  BBC News  February 28, 2025 5:30am-6:02am GMT

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the playing field. we're going to bring our car industry back, we're going to bring our chips back, we're going to bring so many things back to our country, including pharmaceuticals and drugs, and the thing that's going to get us there is tariffs. import duties are a central part of his second—term agenda, as donald trump looks to raise money and shift the balance on trade. in addition to these tariffs, mr trump has ordered global 25% tariffs on steel and aluminium imports, which will take effect on march 12th, and reciprocal tariffs will also be implemented on april 2nd. these levies are taxes on goods
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imported into the united states and companies may pass the cost on to consumers. we're nowjoined by michael field, who's
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we're nowjoined by mici as. field, who's we're nowjoined by mici as fareld, who's we're nowjoined by mici as far as. who's we're nowjoined by mici as far as . w trump we're nowjoined by mici as far as. w trump is that as far as mr trump is concerned, the deal is done, it comes to those rare with ukraine? what earth metals with ukraine? what about china? because they themselves had some of these resources. themselves had some of these resources-_ themselves had some of these resources-— sure rare earth opportunities the answer with every are the answer with every country, there is obviously 7=z : -—: to be done, 5 tobe done, you deal to be done, as you mentioned. you've seen deal to be done, as you mentioned. y|and seen deal to be done, as you mentioned. y| and theen deal to be done, as you mentioned. y| and the likes, in with colombia and tbelikes, in. of the last few months how they have got out of and how they have got out of some of these that he some of these tariffs that he has placed on them. for china, the situation is a bit more complicated i think but ultimately i think that is the strategy, to draw them atratea'g; twins ts drafi’th-n' " ' ff ' ~ ~ the atrateag; trgina ts drafi’th-n' " ' ff ' ~ ~ the table and seeing what atrateag; trgina ts drafi’th-n' " ' ff ' ~ " tf have .e and seeing what atrateag; trgina ts drafi’th-n' " ' ff ' ~ " tf have .e offer. eing what atratsa�*g; trgina ts drafi’th-n' " ' " ' " " tf have .e offer. eing thet they have to offer. how the markets — they have to offer. how the markets responding - they have to offer. how the markets responding to - they have to offer. how the markets responding to of l they have to offer. how the . markets responding to of this? a little bit negatively. i $3. use elf. fi§§§fl¥§l¥ ! there is $3. use elf. fi§§§fl¥§l¥ ! there is so going week in terms of on, this week in terms of you had things like earnings, you had things like this with nvidia as well. i thiéfwithnvidié as well. i the markets tbisfwithn-aiaia as wall. i the markets have tbisfwithhlviaia as wall. l the markets have got the think tha markats hava got tha in the last few
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jitters in the last few days, because it is a sign of more because it is a sign of instability and it is very , for the market to difficult for the market to price all this information in go. price all this information in .o_ �* price all this information in no. �* ., price all this information in well, quite a fall as few, well, quite a fall as well, it? it few, well, quite a fall as well, - it? well, hasn't it? it had this hue well, hasn't it? it had this huge rally _ well, hasn't it? it had this huge rally in _ well, hasn't it? it had this huge rally in the - well, hasn't it? it had this huge rally in the run-up i well, hasn't it? it had this| huge rally in the run-up to well, hasn't it? it had this - huge rally in the run-up to the huge rally in the run—up to the trump election, and these that, 7 7 w £53,951]? 7 ' ' 7 that, ysh’kakw,”’ ' ' 7 that, fysh’kfikwfiié ' beliefs that, you know, he deregulate a lot of 7bitcoin, make it things with bitcoin, make it more of an asset, more of an institutional asset, etc, andi more of an institutional asset, etc, and i think more of an institutional asset, etc, and i think what more of an institutional asset, etc, and i think what is now is some of that iii— thatfpeople had for hope thatpeople had for and the is bitcoin and the market is starting to fade and that starting tojade and that is slipping a fignidiir 7 , ,. a, a, , . 77§n7d7£7ha7t 7 77 77 7 7 77§n7d7£7ha7t i; 77 77 7 7 77§n7d7£7ha7t iswhat 77 7 7 77§n7d7i7i1a7t i; whiai 95a 7 7 7an7d7that i; mai you7are7 7 = -: �* in the price seeing now in the price falls over the last couple of weeks. 0k, michael, thank you very much. around the world and across the uk.
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india is set to release its economic growth print for the october to december period later today.
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at little over 6% in the period, which will be an improvement from previous months when growth slumped to a low of 5.4%. the bbc�*s archana shukla has more from mumbai. it's likely the bump—up in government spending in pushing growth in the slow economy. not evenly spread. a positive trend, however, was a pick—up in demand in rural for consumer demand, has been squeezed out, as wages have remained flat and savings eroded. in fact, a recent report says a billion indians lack money to spend on any nonessential purchases.
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hand—outs of corporate tax cuts and subsidies, affecting numbers last quarter. precisely to address these challenges, india's finance minister announced tax cuts for a section of the middle easing interest rates. risks of importing inflation amidst global tariff could frustrate. despite the weakness, india's gdp is expected to grow of other major economies. millions of jobs for those joining the workforce.
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policies in light of the current attack on them by the american government. those actions by donald trump have had. i can't overstate how much of an impact this has had. greatly reduced it among organisations who work to step back and evaluate all of their programmes. to our bottom line. but we've done surveys of organisations and 61% are saying that they're going to adjust their programmes.
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i think the pendulum is now swinging way back in the other direction. point, because the principles behind dei — which are really for all — are really important in the world we live in today, in order to find the right people, to cast a wide net other critics say
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affirmative action is unfair. do they have a point. surely it is about getting _ do they have a point. surely it is about getting the _ do they have a point. surely it is about getting the best - is about getting the best people for the job, because people for the job, not because you fit certain criteria? i think programmes that create for traditionally or, you know, underserved or, you know, because they srstsstsa classes. becasse—sheyesfim ”as,” ., had access and haven't had access and opportunity are something that we need to think about. not has equal everybody has equal opportunity. so, you know, the programmes may have prggraggmes may have had that were elements that were misguided but think there is always a but i think there is always a place to focus on and place to focus on access and and, you know, opportunity and, you know, making sure that those are there. and it opportunities are there. and it makes good business sense. you can see the full programme about the future of dei at work on this weekend's talking business with ben thompson. i'v e i've really been looking forward to this. let's get our teeth into something different now,
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of the humble pasty. organised by the cornish pasty association, the world's fastest amateur cornish pasty crimper. the cornish pasty association and also the operations jason, not impressed, got a tray filled —— you've got a tray filled —— trave of food there, you trave full of food there, you could have put them to the ”as 777they they must be smelling studio, they mustb u~ '., morninu , mornin: , i'm delicious. %$%§%e mornin: , i'm reall mam; - morning, i'm really hungry this morning, i'm really hungry now. ~ ., , , . this morning, i'm really hungry now. ~ . , , . ., this morning, i'm really hungry now. ~ .. , , . ., ., now. what is the secret to a traditional, _ now. what is the secret to a traditional, true _ ie mm wme m ingredients is the key. we use 12 and a half percent beef and
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vegetables, the vegetables 25% vegetables, the vegetables have to be potato, onion and have to be potato,oni - . - - turnip. i still follow the reci -e turnip. i still follow the recipe laid _ turnip. i still follow the recipe laid out - turnip. i still follow the recipe laid out in - turnip. i still follow the recipe laid out in that l recipe laid out in that one betty lethbridge, the title world pasty has world pasty champion, she has been pasties since she been making pasties since she was eight, full proof pasty, when it comes to crimping, i fail, what is the secret? i think it is a bit practice. think it is a bit of practice. it is definitely a skill. some people crimp like a minute people crimp like six a minute so it can be pretty quick as well. ~ ., , so it can be pretty quick as well. ~ .. , ., . mm mam s'imsiea gains: an. the-a, ilsa-s ... .. .. .. .. . . .. |t fences sees an thee thea ... ~ ~ ~ ~ . . ~ it look so easy, so easy. fences sees an thee thea ... ~ ~ ~ ~ . . ~ a it look so easy, so easy. fences sees an thee thea ... ~ ~ ~ ~ . . ~ a cornish so easy, so easy. fences sees an thee thea ... ~ ~ ~ ~ . . ~ a cornish pasty ;y, so easy. fences sees an thee thea ... ~ ~ ~ ~ . . ~ a cornish pasty true 0 easy. fences sees an thee thea ... ~ ~ ~ ~ . . ~ a cornish pasty true pasty'. as a cornish pasty true pasty it is not or rather if if it is not made or rather if it is made of cornel? it is made outside of cornel? cornish pasty must be made in cornwall. it is part of the protected origin from the european community. a, protected origin from the european community. iii? would not european communityg - would not knovfi european communityg - would not know that. i people would not know that. how, then, can you tell that
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you bought a genuine afis hag afiuahe a sane“; pasty? sea—s ass—s ass ans-ha % as 5 ~ ., ass asss ss s sflslfls as ? . ., ., sss sass sss she-"s cornish pasty? t??? lee: there is cornish pasty? t??? let: there is little cornish mm; - there is little logo. - cornish mm; - there is little logo. look i for? there is little logo. look for? there is little logo. look for the logo. that means it is for the logo.,that means it is in cornwall and to the madea'lrlcornwall and to the recipe. madeincornwallan ~ -~ recie. ., ' . correct recipe. .. it to get that designation was it to get that designation to protect the cornish pasty? is to protect the cornish pasty? is that important? it really important, it keeps re in/ important, it keeps re in cornwall nt, it keeps re in cornwall which (eeps re in cornwall which is eps re in cornwall which is so. jobs in cornwall which is so over 2000 important. over 2000 people work in pasty industry, it work in the pasty industry, it if important the is really important for the local 2:7??? a, i: i: i: local cornish industry. 2000 eo - le, local cornish industry. 2000 people, important _ local cornish industry. 2000 people, important to - local cornish industry. 2000 people, important to the - people, important to the industry, how are they coping with the energy crisis at the moment? is it impacting them? business is tough at the moment a of people. 7777777a 77777of7 people. energy for a lot of people. energy prices, the latest budget zj= h7elped7 either. but, —=: 77777 7 7 the pasty the pasty is 7 the pasty is an 7 the pasty is an honest know, the pasty is an honest food,it know, the pasty is an honest food, it is filling, so food, it is very filling, so i'm sure we are be inthe 7 77 in the future. 77 i
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here in the future. now, i still have _ it i here in the future. now, i. still have _ it was here in the future. now, i- still have _ it was my still have memories, it was my first hit of the true cornish cycling pasty, cycling through boscastle. i cannot replicate boscastle. i oannotreplicate taste. how do you make the that taste. how do you make the in the cornish pasty? gravy in the cornish pasty? mine are always to because mine are always to dry. share your secret. a little knob of butter �*some clotted knob of butter or some clotted cream or some beef some of 7 of fat 7 77o7ffat7iba7se7d you}? 77 7 57f afloat; argau’gi i7n7to77 sort of fat —based product into the pasty will make it 7 7-7 7-7 and very, very well. and very, very quickly, the reason — well. and very, very quickly, the reason that _ well. and very, very quickly, the reason that the - well. and very, very quickly, the reason that the back - well. and very, very quickly, l the reason that the back story a cornish pasty, just remind to a cornish pasty. iust remincl . ~~~ ~ ~ . why and to a cornish pasty. iust rennincl . ~~~ ~ ~ . why and who to a cornish past" iust rennincl . ~~~ ~ ~ . why and who they fed? the original story is that that the original story is that it was for minors. it is quite a robust product, so it used to i= dropped down 7 dropped down the 7 dropped down the mine, be dropped down the tin mine, the miners used to hold it by the miners used to hold it by the crust, eat it, and throw the crust, eat it, and throw the crust, eat it, and throw the crust away. i the crust, eat it, and throw the crust away.— the crust, eat it, and throw the crust away. i mean, that is a meal in _ the crust away. i mean, that is a meal in - it _ the crust away. i mean, that is a meal in - it is _ the crust away. i mean, that is
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a meal in - it is lovely. i a meal in itself, it is lovely. jason, again, i a meal in itself, it is lovely. jason, again, lam not a meal in itself, it is lovely. jason, again, i should impressed, we should have those pasties here in the studio with us but i wishing you a us but i am wishing you a fantastic week down there in cornwall, you cornwall, thank you very much forjoining us, you can put fee! mm m ou tease! that pasty down now, you tease! stay with us here on news. with high pressure building in from the west. that's where we had the best of the sunshine on thursday — the spring lambs very happy with this story in cumbria. story is perfect for it. . a brisk wind up into the far north—west will be a feature here, and that will prevent temperatures from
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down to minus five in one or two spots. down through the vale of york towards the south midlands, lunchtime, it will have lifted. 9—10 celsius. the isobars are fairly widely spread — that means not it really will die off in situ. through the scottish borders, but behind it, quite and sunshine ahead of it as well. saturday afternoon.
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the high pressure stays with us. toppling across the high. that could bring some showers into the western isles and the northern isles. but on the whole, any early—morning mist and murk will lift away. sunny spells continue to be the dominant feature, and again, those temperatures between 10—12 celsius. don't expect that much in the way of significant that weather front will bring some showery rain and a stronger wind to the north, but elsewhere, it's business as usual. happening in your area.
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live from london. this is bbc news. with sir keir starmer. president zelensky will meet president trump later today of the hollywood actor, gene hackman, and his wife as suspicious.
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hello and welcome to the programme. i'm lukwesa burak. towards ending the war in ukraine and on agreeing a trade deal between britain and the united states. the british prime minister said it was a "moment of tremendous "reward the aggressor". president trump also said he would consider providing been calling for.
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with the two leaders expected to sign a major minerals deal.
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