President Trump said he expects to notch “a lot of different deals” during his summit this week with China’s Xi Jinping, while Iran's President Masoud Pezeshkian said his country won’t allow freedom of navigation through the Strait of Hormuz while sanctions and a US blockade remain in place. We get reaction from Heidi Crebo-Rediker, Senior Fellow at the Council on Foreign Relations. Spain's Prime Minister Pedro Sanchez discusses the EU's needs to decrease its dependency on China, the rise of far right parties in Europe, and the ECB's next president in conversation with Bloomberg's Francine Lacqua. Plus - a look at AI's growing role in the C-suite with Workiva CFO Barbara Larson & Katherine Kostereva, CEO of Creatio. All on the latest episode of "Bloomberg Businessweek Daily." Chapters 00:00:00 Bloomberg Businessweek Daily 00:02:35 Markets: Oil Rises, Stocks Fall & Yields Surge 00:04:18 U.S. Alliances & the Trump-Xi Summit 00:06:06 U.S.-Canada Relations & Global Trade 00:07:20 U.S.-China Trade & Economic Competition 00:09:43 Spain's Pedro Sanchez on Europe & Global Politics 00:12:13 China, Trade & Europe's Economic Strategy 00:14:02 Iran, Ukraine & the Global Energy Crisis 00:15:41 AI, Data Centers & Spain's Green Transition 00:18:10 Europe Caught Between the U.S. & China 00:20:59 Trump-Xi Summit & Critical Minerals 00:25:04 Workiva CFO on AI, Business & Investment 00:28:04 AI Risk, Guardrails & Human Judgment 00:29:48 AI, Hiring & the Future of Work 00:31:20 Managing the Rising Cost of AI 00:33:12 Capital Allocation, Buybacks & Growth 00:38:47 Creatio CEO on AI & No-Code Automation 00:40:08 Investing $300 Million in AI for Banking 00:42:19 Creatio's Growth, Profitability & IPO Outlook 00:45:52 Human and Agentic AI Workflows 00:47:47 Canada-U.S. Relations & Global Security 00:49:24 Canada, China & the Middle-Power Strategy 00:52:00 Canada on Ukraine & U.N. Reform 00:54:37 Markets: Bond Yields Hit Two-Decade Highs 00:56:04 Stock Movers: Meta, McDonald's & Royal Caribbean -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts