this is business live from bbc news, with sally bundock and ben thompson. tackling the tariffs — carmakers meet in geneva for the world's largest car show, but they face a battle over president trump's promise to impose tough tax on foreign—made cars. live from london, that's our top story on tuesday 6th march. america is the most valuable market for european car exports — so how will car markers respond, and does it really help us manufacturers as much as president trump has promised? also in the programme... cut out the calories — food manufacturers, supermarkets and fast—food chains are told to cut fat in food or face legal action. and from farm to fork.

—— and financial markets are riding high in europe following a bumper session in asia. we will explain why. and from farm to fork. we'll get the inside track on the app that puts farmers directly in touch with customers, cutting out the big supermarkets. we'll assess what it means for prices and pay for farmers. and with that warning to food producers we want to know, is the food industry cashing in on sugar—loaded, unhealthy food? let us know, use the hashtag #bbcbizlive. hello and welcome to business live. are you a foodie or do you have strong opinions about food? this is the programme for you, get in touch with your comments. the geneva motor show starts today. it's the largest event of its kind in the world, bringing together manufacturers and petrol—heads from all over the planet.

but among the glitzy product launches, one topic of conversation is likely to dominate — president trump's threat to impose tariffs on imports of european cars to the us. so what is at stake for the car industry? well, if we take a look at the current state of play, the united states already imposes a 2.5% tariff on cars assembled in europe. that is 2.5%. meanwhile europe imposes a higher 10% tariff on us—built cars. ca rs cars which are then brought into europe. but many german firms — like daimler, bmw and vw — already build many of their vehicles at plants within the united states. in fact, germany's car body, the vda, said their factories in the us made 804,000 units last year — way more than the 494,000 exported from germany.

quite interesting when you look at the facts. 0ver quite interesting when you look at the facts. over to you, ben. andrew walker is with me now. he is our economic correspondent. you start getting into tit—for—tat, you impose this, we will impose this. when we talk about tariffs, though, people will say it is bad for business? of course, it makes it more expensive for people buying the stuff that is imported and means a lower pre—term for the exporter in the foreign country. the real economic burden does not depend on where you collected from, it is divided between buyer and seller in that way. there is no question that

ultimately if you were to see a sufficiently large escalation in tariffs, you could see quite significant macro economic damage done around the world. we are not there yet, but clearly the worries about that are in play at the moment. we have a system of rules for managing international trade, policed by the world trade 0rganisation, policed by the world trade organisation, and the forces that brought as the wta in the first place, going back to the aftermath of the second world war, they were a desire to avoid the tariff escalation we saw during the 1930s. the potential costs, if it seriously got out of hand, are very high, but we have not got there yet. despite that, president trump says it is, in his words, putting america first and protecting jobs in the united states. some would say is that a price worth paying, it helps protect jobs in america? when you impose a

tariff on one thing going into the united states, you are raising costs for everybody who buys that stuff. it means the domestic producers can raise their prices so if we are talking about steel and aluminium, car—makers will have to pay more for their steel and aluminium raw materials, whether they are buying from american suppliers or importing it. you might be able to save jobs in one area but there are significant risks you will leave jobs —— lose jobs significant risks you will leave jobs —— losejobs in other areas. what does this tell us about the nature of the business in the united states and firms that want to do business with the us? many of the big manufacturers are very much international businesses and it is fairto international businesses and it is fair to say that some of them clearly get benefit from terrorist protection. the big industrial players are increasingly keen on

terror free trade. so players are increasingly keen on terrorfree trade. so many players are increasingly keen on terror free trade. so many have international interests, production operations abroad, and they are likely to move their goods easily and cheaply across borders. good to see you, thanks for that, andrew water. —— andrew walker. let's take a look at some of the other stories making the news. facebook has hired the former head of buzzfeed studios and a former pinterest boss to join its video team. the firm says matthew henick will lead its global video strategy. while mike bidgoli, who managed pinterest‘s ads, will lead facebook‘s watch product team. in the uk, concerns over brexit — and the fear it will make brits less well off — has dampened household spending. according to barclaycard, annual consumption growth slowed from january as spending in supermarkets eased. separately the british retail consortium said that sales of non—food items also fell over the quarter. the chinese messaging app — wechat — has hit one billion monthly users for the first time.

the vast majority of its users are based in china, where the recent lunar new year tipped usage past the milestone. but it still lags behind whatsapp — which is owned by facebook — which has around 1.5 billion monthly users. and they are across the world, of course. as we have already mentioned, a top health official is recommending the diets that brits should be on. a p pa re ntly diets that brits should be on. apparently we all need to go on a diet to ward against the problem of obesity. also there is a realfinger being worked at the food industry in general. that is about what is on offer in the supermarkets at what cost, the fact that lots of the cheap food on sale, which many are opting for right now, is actually full of sugar and calories. we wa nt full of sugar and calories.

we want all your views on this, #bbcbizlive. ben? sorry, you just called me talking to the director. i thought you were talking to me! another story i would like to flag up, another story i would like to flag 90, another story i would like to flag up, lego, this is a favourite in your household, sally, lego posting its first annual fall in sales for 13 years. despite my efforts. sally gets through a lot of like the latter with three boys. sales were down 8% to $4.2 billion. profits were down 18%. lego posting its first annual fall in sales in 13 yea rs. its first annual fall in sales in 13 years. that is not one that i'd built. that is not one of my photos. the lego is all in my hoover or my dog's mouth. the chief executive of japanese steel giant kobe steel has stepped down after an investigation found

"inappropriate corporate behaviour". the company recently admitted falsifying key quality control data. karishma vaswani has details, she's in our asia business hub. we know this scandal hits all the headlines, this is the fallout of it and you get a sense of how far around the world it was felt, that steele is used a lot of manufacturing? absolutely. the clients that kobe steel had numbered from train manufacturers, car—makers, aircraft makers. you name it, they were supplying steel. in the mammoth report that has come out today into the investigation into actually what went wrong at kobe steel, the company says out of the 688 or so incidents of misconduct, as it called sid, at least 90% of these cases have been cleared of safety issues. —— misconduct, as it called it. when

the scandal broke it went the heart of what was wrong with corporate japan. this investigation has found that some of the staff safety inspection data so it appeared the products they were sending into the world com products they were sending into the worldcom plied with what their clients wanted, and basically they we re clients wanted, and basically they were lying to clients. apart from removing the ceo from his position, the company says it will address some of these corporate culture issues which they hope will rectify some of the problems at the firm. thank you very much indeed. an interesting story about kobe steel, that news was quite shocking when it across the wires. let's show you the markets. what a different picture in asia compared to this time yesterday. japan closing up 1.5%. to this time yesterday. japan closing up1.5%. i to this time yesterday. japan closing up 1.5%. i would like to quote a us traders saying the positive story today is the lack of anything bad happening. that is the

general feeling. people anything bad happening. that is the generalfeeling. people are brushing off the fears we saw yesterday about possible trade was an turrets. investors leave president shrimp is blustering and it will not become a reality —— investors believe. let's look at europe, europe closed on monday hair. it was not like asia on monday. strong gains right across the board. we will dig deeper in just a moment, but let's hearfrom joe mellor in new york with what is ahead on wall street. after another bumpy day on the stock markets there is little doubt investors will be on tenterhooks for the latest indication on whether the us is about to start a trade war and, if so, with soon —— with whom. there is plenty of the news to grapple with. in a big week the retail stocks, one of the biggest, retail stocks, one of the biggest, retail chain target, reports on

tuesday. its revenue are reported to have increased due to a particularly strong retail shopping season. investors also want to hear news and how online businesses bearing against the bailey mes that is amazon. the latest factory orders data is released on tuesday morning, expected to show orders rose by 1.3% in january. joining us is nandini ramakrishnan, global market strategist at jp morgan asset management. good morning. let's start with some of the political stuff. at the start of the political stuff. at the start of the political stuff. at the start of the programme we mentioned president trump and turrets, lots of uncertainty in europe with the elections questionably got over the weekend there was the big general election in italy, it happened on sunday. we also had the results of the german coalition discussions. two parties finally decided on the agenda and that they would work together for the next several years in germany. lots to wake up to one

monday morning. a bit of uneasiness. if we had to characterise the two results, the german sense of stability, patching together two big parties, a pro—europe stance is very important. a bit of the opposite in italy. a couple of the parties that received the most votes are some of the more antiestablishment parties, once interested in thinking about italy leaving the euro zone or shaking up markets and economic is a bit more. there is a european central bank meeting this week? the european central bank has for the past several years then a huge job of getting interest rates very low, trying to get growth and being quite successful. we will have to see what they do in terms of winding down their big programmes and what they will forecast for growth. the markets shrugging off any concern about a terrorist war, trump's tariff plans. interesting that the

speaker of the house of representatives said he was very concerned, the republican leader, he does not want to see any of this going ahead. —— shrugging off concerns about a tarriff war. 0pening into today's markets we saw that markets were stepping up, realising what has to happen before the implementation of this. quite drastic, but an important tax tariff plan. if that happens there will be effects, but it is far from being implemented immediately, which is why markets might be taking a step back and regaining some fitting. thank you, for now. nandini will be back to look at some of the newspaper stories, including apple's newspaper stories, including apple's new headquarters in san francisco, $5 billion worth of lots of reports of people walking into glass—walled. a bit too trendy

for its own good. i have done that in this building. they have had to put etching on the glass so you can see it. still to come... from farm to fork. we'll get the inside track on the app that puts farmers in touch with customers — cutting out the big supermarkets and their profits. you're with business live from bbc news. there is definitely a food theme today. the online takeaway firm just eat has reported a pre—tax loss of £76 million for last year — that's compared to £91 million the year before. but the firm says orders are up 26% over the period to 172 million. laith khalaf is senior analyst at hargreaves la nsdown. he joins us from bristol. good morning. what do you make of the figures? it is a bit of a blip in an upward trajectory forjust eat, on a charge of late, increasing orders, increasing revenues very

strongly. what is happening it is being dragged into the delivery market. until now, the business model has been very cosy, it has just provided a website, and app, connecting restaurants with their customers. but it is now getting into bed with some of the big chains like burger king and kentucky fried chicken and they want delivery as well. that is going to be soaking up some investment from just eat. that might be impacting on profit margins so we might be impacting on profit margins so we have seen a big fall in the share price this morning. what impact is just eat share price this morning. what impact isjust eat having an eating at industry? are they getting into bed with burger king and others because burger king thought they would eat into their market? yeah, they have got to get into the delivery market which is growing very strongly. there is a whole piece about what technology is doing to consumer behaviour. we have seen it on the high street. we have seen

declining footfall on the high street because people are shopping online. people are also staying at home watching television, amazon video, it all impacts on the businesses and particularly just video, it all impacts on the businesses and particularlyjust eat which has been a winner until now from that trend, but if we are looking at today's results, they are finally going to have to roll up their sleeves and get their hands more dirty than they have until now. thank you for your analysis. that is in line with this whole discussion about food, what we are eating, the fact we are getting larger. doing less exercise. and who is responsible. 16 mps have written to the business secretary, greg clark, opposing the takeover we have talked about, gkn cabinet aerospace.

details on the business lives page. you're watching business live. our top story... carmakers meet in geneva for the world's largest car show, but they're debating what to do about president trump's threat to impose tariffs on imports of european cars to the us. we will keep a close eye on that. this is what the markets are doing in europe. sally touched on it, some others suggesting the lack of anything bad is keeping markets afloat which is probably not a great basis to be trading on... not a huge amount moving at the moment. we will hear from the european central bank later in the week and a lot of nervousness around the jobs figures and inflation in the us that caused the volatility of late. now, it's often known as farm to fork — cutting out supermarkets and food retailers to let farmers sell directly to consumers. but is it as simple as it sounds? in the uk, the six biggest supermarkets control almost 83% of the grocery market. that buying power means supermarkets sell milk, for example,

for around 45% more than they pay the dairy farmer who produced it. and that's had a big impact on the industry. farmers are facing soaring levels of debt — up 57% since 2010 — and one in ten dairy farms has recently gone out of business. by putting farmers in direct touch with consumers, farmdrop is hoping it can cut out the middleman and help farmers and shoppers. joining us is farmdrop's co—founder, ben pugh. good morning. welcome to the programme. explain how this works, what is it you do? i thought that statistic was really interesting, 45% of the retail price of a pint of milk goes to the dairy and that is a really big problem and at farmdrop we are saying we need to close the gap between the retail price that the customer pays and what the dairy

or baker or organic vegetable grower retains. at farmdrop, the dairy or baker get more like 70% of the retail price and the whole thing is about efficiency with mobile technology. as a customer, you go on and orderfrom over 200 producers and they get the orders directly and we deliver the food in one nice big green box we take back the next day. it sounds idyllic but it sounds expensive. could be convenient. maybe not, depending on how long it ta kes. maybe not, depending on how long it takes. on the convenience, if you order before noon, you would get your delivery the following afternoon. we think that is very convenient and that is comparing to people like tesco, sainsbury‘s. 0ne hour time slot which is important as well. no point in trying to fight the tide of convenience. in terms of

pricing, our view is that by being so efficient, we can be the lowest price access to this kind of amazing independent locally produced food. you would be cheaper than an 0cado livery? we are 596 more. our customers tell us our spinach is 20 times more delicious. —— 0cado delivery. it is so much fresher, it has come from close by, and that is one of the things that has helped the company grow tenfold. one of the things that has helped the company grow tenfoldlj one of the things that has helped the company grow tenfold. i am not going to ask you how you measure 20 times more delicious! the supermarkets say they put the margins on it because they have big stores, we pay for the convenience, ican nip stores, we pay for the convenience, i can nip in on the way home because ido i can nip in on the way home because i do not know what i am going to have for dinner tonight. if i order your box, i have to plan. 0therwise ijust pop in on the way home and pick up something. it is a fair

point that for the segment of shoppers and when i was in my 20s, it would not have occurred to me to have done online home food delivery because i was out most of the time, and now i have two small children, i will put my order in this morning, it will all arrive tomorrow afternoon, not a huge amount of planning in place. the value is i know i am supporting local producers, getting really amazing quality food, healthy food. i and i am not paying very much. is the market solid enough for you as a company, given the economic environment? we are spending less on the supermarkets because we are concerned about the outlook. there are real issues. certainly, i am not an expert on those on the economy. but i can tell you every day more and more people are waking up and having a better understanding about what food quality really means, not all calories are created equal, so ifido

all calories are created equal, so if i do spend 5p more on an amazing fresh bag spinach, i'm going to be better off, it is a worthwhile investment, and that group of people is growing very fast at the moment. if you can make spinach 20 times more tasty and nicer, i will order. i accept your challenge! really good to see you, thank you very much. maybe that will be an online offering on the business live page, spinach tasting challenge with the two bens. stay up—to—date with the business news as it happens on the bbc‘s business live page. insight and analysis from our team of editors around the globe. we want to hear from you. editors around the globe. we want to hearfrom you. get editors around the globe. we want to hear from you. get involved on the bbc‘s business live web page. and on twitter... you can find us on facebook. business live on tv and

online. what you need to know when you need to know. there you have it. let's ta ke you need to know. there you have it. let's take you to some of the stories the papers are looking at, including this one on the bbc business website. britain needs to go on the diet, interesting because it is talking about who was responsible for the obesity crisis, the manufacturers putting too much sugar and fat end? is it the retailers selling it cheaply? 0r sugar and fat end? is it the retailers selling it cheaply? or are we responsible because we are not eating properly? you do not need to see that in every angle. interesting one as far as business is concerned, they are in it to make money, if we do not want to eat it, we should not buy it? exactly. but looking from the health perspective, it is important how broader health issues like obesity cost the nhs and people in terms of days on their lives. it is quite an extensive list of products and the classic culprits,

pizza, meat, interesting ones about dressings, sauces, trying to cut the calories. one of my favourite things! sad reading each item on the list. we have heard from so many of you, thank you. john, people are not done, you cannot blame food for making a person fact, it is up to human beings to look after ourselves. another one says, surely eve ryo ne ourselves. another one says, surely everyone knows what is good and bad, will informing us do more? another one suggesting the cost of the nhs. barry says, i would rather not worry about my weight, aunt sally. 0k, don't! we are out of time. that is business live. bye—bye. hello. we have a lot of weather on

offer today, rain, sleet, snow, sunshine, even patchy mist. the rain, sleet and hill snow currently across northern england and scotland will continue to move north, largely becoming confined to the hills. further south, sunshine and showers. low pressure still dominating, not just today but much of this week. the weather front is dragging the rain, snow and sleet north. some of the heavy bursts this morning in the central lowlands, we could still see the odd bit of snow and sleet, but it will not last, it will brighten up it will not last, it will brighten up in scotland and northern england, apart from up in scotland and northern england, apartfrom in up in scotland and northern england, apart from in the north, heavy snow in the hills. northern ireland, england and wales, a lot of dry weather around, some bright spots, cloud, showers. the heaviest in the south—west. showers continuing this evening and overnight, drifting

south east. also patchy dense fog across east anglia and the south—east forming, and in the north of the country, we are looking at further spoils of rain and hill snow. cold night, risk of ice first thing. it will be frosty. with showers in the south—east tomorrow, they will continue to develop in the afternoon in southern areas, some will be heavy and possibly thundery. in the north—west, the rain, but in between, a lot of dry weather, some sunshine, still feeling cold in the far north. from wednesday into thursday, low pressure still with us. as it pushes north, the weather front changes its position, taking snow across the northern isles. at the other end of the country, another weather front and that will be producing rain across southern counties of england and the channel islands. in between these areas, again, a lot of dry weather, a fair bit of sunshine on thursday with a few wintry showers and the very fact

though showers means not all of us will see them. temperatures in the south, down 1 degrees or so. friday, still someone trueness in the far north of scotland with further snow. in the south, low pressure coming m, in the south, low pressure coming in, bringing heavy rain and strengthening winds, but temperatures in the south climbing back up —— friday, still some winteriness in the far north of scotla nd winteriness in the far north of scotland with further snow. hello, it's tuesday, it's 9 o'clock, i'm victoria derbyshire, welcome to the programme. 0ur our top story... a former russian agent who also spied for the uk is critically ill in hospital. police are trying to identify what caused him and a female companion to collapse on a park bench in salisbury. an older guy and a younger girl, she was sort of lent in on him, it looked like she had passed out,

maybe. he was doing strange hand movements, looking to the sky. so, was he poisoned? and, if so, was it by the russian state? we'll tell you what we actually know so far. also on the programme... if you're taking xanax as a recreational drug you're dicing with your death — that's the warning this morning as we reveal a rise in the number of young people taking it, some as young as 13. how long have you been