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From the corporate world to the top job in politics:
A similar journey but two very different Presidents.
So on trade and climate change, can they do business?
Plus, facing up to artificial intelligence.
Critics fear it will take our jobs, but tech giant Microsoft says it
We hear their plans for the biggest invention since electricity
Strong trade figures from China are good news
but likely to stoke tensions with the US.
We start in Paris, where, as you've been hearing,
US President Donald Trump is arriving in the next
He'll be celebrating France's Bastille Day tomorrow
as President Macron's guest of honour.
Despite tensions between the two, the White House says he'll be
reaffirming the strong ties of friendship between the countries
and building on their economic partnership.
Let's take a look at what's at stake here.
The EU's trading relationship with the US is the biggest
The problem for President Trump is it's tilted in Europe's favour.
in other words it sells more goods to the US than the other
Which brings us to this: the Transatlantic Trade
Talks on the massive free trade deal between the EU and US have been
suspended since Mr Trump came to power.
The business world will be watching closely.
As it will on this - the Paris climate change accord -
Mr Macron says he will be pressing Mr Trump to sign up again,
Another source of transatlantic tension -
European pressure on the big US tech firms
But on Wednesday a French court ruled that Google is not liable
So despite the war of words - and handshakes -
could Presidents Trump and Macron - both from the corporate world -
end up having a good business relationship?
Hillary Clinton said during the campaigning in 2016 that Trump was a
big bully and needed to be treated as such. Sounds to me like someone
at that Champs-Elysee listened to that sentence of hers and advised
Emmanuel Macron to act as a bigger bully them Trump and establish his
authority in a way, and, when that's been done, he moved on to being much
more friendly, which we've seen during the G20 Summit in Hamburg,
where they exchanged jokes and invited Trump to the Bastille Day
celebration, and this strikes me as very clever, because he has
established themselves as somebody you cannot fool with. Interesting,
you know, when world leaders meet, the personality factor can have a".
How do you think they will fare, these two, with very different
approaches? They have different approaches that a similar
background. Both have a strong business orientation and they go
about fees relationships in a businesslike way, and if they can
get a good business relationship, that will lead to a good business
relationship as well. If the talks on that free trade deal, the
transatlantic trade and partnership has stalled, what hope do you think
there is of them trying to resurrect the talks on that? There's always
hope. Clearly, for good business relationships, you need to have
trade, and they have an established trade relationship, and that can
become deeper. From the point of view of Trump, who has been worried
about some of the agreements, particularly from the Asian part of
the economy, that low-cost goods are used, in the EU and the US, they are
more equally balanced. It would go against the tenor of all we've heard
from him about putting America first, this more protectionist
stance. It might seem a bit of a leap to think that he would go back
towards the free trade deal discussion. Absolutely. I don't
think it's likely development but it's still possible, and it's
something the EU would like to do, as they've just concluded another
great agreement with Japan. As far as climate change goes, we saw in
the G20 - that's where the US diverged from the other members of
the G20. Do you think there's any chance Donald Trump will sign backup
to that? I don't think it's likely that it would be fantastic if he
does. In particular, Paris is the heart of the regional climate
agreement, where it was set up, so the fact Trump is coming that way is
interesting. No doubt the decision by the French courts that Google
isn't liable for the fine in back taxes will make things a little
easier in their discussions, because that's been a point of contention,
as far as the relationship goes. Absolutely, and the fact that Trump
is coming to Paris is a good sign in all sorts of ways. Thanks so much.
We are also talking about artificial intelligence.
It has been accused of threatening everything from jobs
It's also being called the most important technology to come along
since electricity, and companies are racing to invest in research.
At an event in London, Microsoft has stated its ambitions
to be a leader in AI, and outlined a code of ethics
Here's our technology correspondent Rory Cellan-Jones:.
Three feet away. Take picture. What if artificial intelligence could see
your world and interpret it for you? This Microsoft engineer, who is
blind, is showing me anew at called Seeing AI, designed to help visually
impaired people. As well as reading text, it can tell him about the
people in front of him as sometimes he gets it wrong. Looking happy. I'm
getting younger by the minute! This is an application close to my heart,
but the general AI we show is applicable in so many different
ways. From around the world, Microsoft scientists came to London
to show off their AI projects. Like this live translation system for
presentations. Or software which can search through hours of
closed-circuit TV. As well as staking a claim in the leader of
this technology, the firm has come up with some ethical principles for
AI. Microsoft believes we are creating AI to amplify human
ingenuity, not to compete with it. So as such the human is the hero. I
want to end our you with superpowers. Microsoft is just one
of the tech giants battling to profit from advances in artificial
intelligence which are giving computers skills once restricted to
humans. So they are learning to see. One example, driverless cars can see
exactly where they are going. And learning to hear what we say and to
respond to it. So Amazon's Alexa or apple's sirree can respond when we
ask them to give us the news or maybe recommend a restaurant. They
are even making judgements. For instance on whether a scan shows a
malignant or other nine July. In this battle over this crucial AI
technology, Google and Facebook are each spending vast sums on research,
but China refuses to be left behind, investing heavily to build robots
that will take over from humans and its vast factories. It looks like AI
is going to transfer oil Aaron economies, transfer and our
industries, potentially make us all wealthier and happier, and the
companies who get their first will take the spoils, will take the
rewards so they have to come out loud and strong. Progress in
artificial intelligence has been more rapid in recent than even
scientists predicted and companies like Microsoft know they can't
afford to fall behind. To Asia now, and China has just
released trade figures They have come in much
better than expected - but likely to prove controversial,
particularly in the US Who can tell us more?
Well, the numbers suggest that the economy in the mainland is holding
up quite well, thanks to firmer global demand, despite the cooling
property market, despite a financial crackdown that has put companies
under pressure. If you take a look at the numbers, June exports rising
11.3% from a year ago, while imports expanded 17.2%, both beating
analysts' expectations. You mentioned the US. Those are one or
two interesting factors. The deficit with America continues to widen.
China had $25 billion trade surplus with the US in June from $22 billion
in May, China's highest level then since October 2015, and the other
significant number is China's first half trade with North Korea. It
gained 10.5% year-on-year. Donald Trump denounced the increases, which
cast doubt on whether Beijing was helping to counter the threat from
North Korea. Analysts for export growth are slow, due to rising
geopolitical risks and a stronger yuan and US dollar exchange rate.
Thank you. Let's take a look at the markets before we finish up. A mixed
picture, it's fair to say, on the Asian markets. They had surged
initially, taking their cue from Wall Street overnight, but they have
calmed a little as the trading day wore on, the Hang Seng responding
positively to that Chinese trade data that we heard about from Rico:
We will have more on that a little later. Thanks for watching.
Across the country, many teenagers are on work experience placements at
the moment. Few will have had perhaps as much fun