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Welcome back. It’s day two of the state visit, and following yesterday’s ceremonies, the focus now shifts to policy. Trump is departing from Windsor Castle and traveling to Chequers, where he will engage in confidential discussions with the prime minister before the two officials host a news event.

In his remarks at the gala event last night, Trump employed some surprisingly sophisticated and lovely analogies to describe the US/UK relationship. He remarked:

We’re joined by history and trust, by mutual respect and common tongue and by enduring ties of tradition, tradition, ancestry and fate.

We are like two notes in a single harmony or separate stanzas of the identical verse, each beautiful on its own, but really intended to be performed together.

The prime minister supports his use of diplomatic praise with Trump by saying it delivers the nation and, with No 10 announcing US investments in the UK totaling £150bn, there is indication to suggest it’s effective.

But, to revisit to Trump’s comparison, there are some observers who suspect that, if anyone is being “manipulated” in all of this, it’s the UK.

On the morning broadcast this morning, Clegg came close to expressing this opinion. As a former Lib Dem deputy PM in the 2010-15 government, and a former president of global affairs at Meta, he is highly qualified to speak on the dynamic. Clegg informed Today that the AI deals being unveiled for the UK were “small portions from the tech industry table”. He continued he believed the UK had become too reliant on American technology. And he went on:

Because of the long-standing partnership we’ve had with the United States, understandably so in the historical period, I think we’ve been quite unconcerned about this significant dependency … both in the government and the corporate sector, on stateside technology.

I personally to believe that is now evolving because the rupture – despite the pageantry of the official trip by Donald Trump this week – the transatlantic schism, in my view, is genuine.

I think the Americans – and we’ve been on alert for this for years – are turning their attention to the Pacific. They have reduced commitment to the US-European relationship.

So my belief is, over time, UK leaders need to learn to ask themselves alternative questions to how we can offer the warm welcome to American investment, welcome as that is. We need to consider questions about how we can nurture and scale … our own digital companies to the size they should be.

Clegg stated the UK confronted “a major dilemma”.

We have got to learn, digitally, as much as in numerous other areas, to stand more on our own capabilities, rather than just depend to the US’s coattails.

While that benefited us well for a time, I think that’s no longer going to be the paradigm that succeeds for us in the future.

Below is the schedule for the day.

• Ten in the morning: Donald Trump exits Windsor Castle
• Late morning: Melania Trump and Queen Camilla see Queen Mary’s Dolls’ House in Windsor and Frogmore Gardens
• 10.45am: Trump is expected to arrive at Chequers, where he will hold bilateral talks with Keir Starmer. The two leaders are also speaking at an event for executives, and viewing items from the Winston Churchill archive at the estate, the official country residence of the PM. And there will be a parachute display by the Red Devils.
• About 2.30pm: Starmer and Trump hold a briefing at Chequers.