this is business briefing. i'm sally bundock. the tough trade talk returns. china says it's well prepared and will not hesitate to fight back if the united states escalates its trade spat with beijing. and the chinese ride hailing app best known for driving uber out of china once again takes on it its old rival. and the markets are mixed in asia as investors weigh the risks with tensions escalating in the middle east. imf chief christine lagarde is the latest to sound the alarm over the risks of a trade war between the us and china. she said the rules that underpin global trade were "in danger of being torn apart".

so what's next in the trade war and how did we get to here? on march eighth, donald trump signed orders imposing will 25% tariffs on steel and 10% on aluminium. canada, mexico and the eu were exempt. in retaliation, on april 9th china announced tariffs worth around $3bn on pork, wine and fruit. from here, things escalate quickly. the next day the us announced $50 billion on around 1300 chinese goods, from aerospace to medical equipment. then beijing announced taxes on 106 american products worth around the same amount — on some cars, planes and soy beans. the following day president trump said his administration would look

into a further $100bn on more chinese goods. america has 60 days before the measures are enacted. at a senate hearing on market access challenges in china wednesday evening, one american senator laid the blame firmly at china's door. weather through force of technology tra nsfer weather through force of technology transfer orjoint ventures, weather through force of technology transfer or joint ventures, theft weather through force of technology transfer orjoint ventures, theft of ip or straight transfer orjoint ventures, theft of ip orstraight up transfer orjoint ventures, theft of ip or straight up barriers to entry, us firms and manufacturers have been fighting for decades to get the same treatment for american product in china as chinese exports see in the united states. with me is dr sam fowles, a fellow at the foreign policy centre. good to see you. it is interesting this week because at one point we

we re this week because at one point we were talking about president xi jinping's speech earlier at the forum and how about was considered tree. and we had president trump tweeting his thanks to those remarks. today it seems we have returned to a war of words. perhaps people were a little excited about the nature of the premier's speech. in reality, the concessions that he announced were actually policies that have been announced by china several months ago. there was nothing new in the speech. it was a clever ploy to de—escalate the situation. without actually giving anything away. it seems that america has not responded in the way that china will wanted it to respond and thatis china will wanted it to respond and that is why we are getting hard rhetoric again. look at the timeline and there is a lot more detail to it. it shows you, you know, to what extent we have progressed in the

last month. if you talk through the practicalities of all of this, where do you believe we are headed? china, in this situation, has aid eager stick, essentially, than america. the chinese tariffs are focused on things like agriculture which will affect states that are incredibly important for the republican party in the midterms. if you look at the senate seats they are targeting and those they have to defend, many of those they have to defend, many of those are in farming states that will be hit by the chinese tariffs. donald trump says he thinks farmers are patriots and they will not be worried... i think that the reality may be very different when you start seeing profits being hit in the farm states. and briefly, the imf warning about the impact of this trade war and the ramifications for the global economy. looking at the rhetoric from donald trump it seems as if it

isa win from donald trump it seems as if it is a win or lose scenario, nothing in between. i think that is what is concerning about trade policy from america at the moment, on a much broader scale. it is being seen as a zero—sum win or lose situation whereas the approach for the last 50 yea rs, really, has whereas the approach for the last 50 years, really, has been much more cool operative and building something that works for everyone. i think that the eu and particularly the uk equal should be very concerned about trying to work with the trump administration in the future when the trump administration sees a trade deal as a win or a lose, not as a meet in the middle situation. thank you for coming in so situation. thank you for coming in so early it is good to have your thoughts. after more than a decade of recalls, lawsuits and a criminal investigation which drove ta kata to bankruptcy, the beleaguered air bag manufacturer has been sold. let's go to our asia business hub in singapore where sharanjit leyl is following the story. so takata is sold and is changing

their name and their leadership? absolutely. key safety systems has finally completed its $1.6 billion deal with ta kata. completed its $1.6 billion deal with takata. the completed its $1.6 billion deal with ta kata. the company completed its $1.6 billion deal with takata. the company will be renamed joyce and safety systems and it excludes relations related to the insulators that have been linked to deaths around the world. new company will be based in michigan. as you say, takata will be based in michigan. as you say, ta kata was will be based in michigan. as you say, takata was once upon a time the world ‘s third—largest airbag maker and it also produced seatbelts, steering wheels, child seats but it endured years of recalls and criminal investigations that lead to bankruptcy. this deal now ensures that the japanese company will be able to continue producing replacement inflator is before winding itself down which may

potentially take years. the chinese pa rent potentially take years. the chinese parent company of key safety systems provided most of the funding to acquire most of the takata operation systems. and they will have more scale now to compete with industry leaders. that story has been quite interesting. thank you. chinese ride hailing app didi chuxing — tells the bbc it'll be on the streets of mexico very soon. and while didi is best known for driving uber out of china, it'll now get another chance to go head to head with us company, this time, in america's own backyard. in his first television interview with foreign media, didi founder cheng wei told karishma vaswani how he plans to take the company global. a charm offensive to take on the world. didi chuxing is getting ready to ta ke world. didi chuxing is getting ready to take its brand overseas but it is doing this the chinese way.

translation: for the last 20 years it was china who learned more from the us. in the next ten years we will ride on each other‘s successes. there is no point thinking of who will surpass whom. this is the face of new china. a new breed of entrepreneur, young, confident with deep financial pockets to try something new. translation: deep financial pockets to try something new. translationzlj deep financial pockets to try something new. translation: i am not 35 years old. my entire management tea m 35 years old. my entire management team has a lot of people in their 30s. we are idealistic and can be rational sometimes. we also bring a lot of surprises. didi chuxing has a future for what —— vision for what the future will look like dick are parking problems, no bottlenecks, no traffic jams, no congestion. parking problems, no bottlenecks, no trafficjams, no congestion. and it will do this with one thing. data. there is a lot of sensitivity amongst officials in the us government the chinese government ‘s —— companies may hand over sensitive

information back to the chinese government. how do you view that attitude? translation: when american companies first entered china there we re companies first entered china there were also these concerns. whether you are chinese or american, data is the lifeline of any business. you cannot guarantee data security, if you cannot do that, that will be for the business. the rise of didi chuxing has mirrored china's rise. it is now the world ‘s second—largest economy and in another three decades could overtake the us did it the us needs to wake up. technology companies have good technology but in many ways it is showing of technology and not solving problems and that is a big issue right now. but he is not losing sleep. he has set his sights on what is beyond the horizon. taxation tomorrow, autonomous driving. after that, to get vehicles into the air. we will explore all

technologies. didi chuxing is an integral part of the new chinese era, china that has companies driven by ambition and notjust content with succeeding on their own shores. tesla has once again blamed the fatal crash involving a model x last month on the driver. tesla says the driver was not paying attention to the road, despite the car repeatedly telling him to do so. the law firm that was hired by the victim's family on wednesday declined to comment on tesla's statement. a brief look at the financial markets. a mixed session in asia that most of the main markets are lower following a fall on the dow. facebook shares closed up over 1% on wednesday. a pint of milk delivered

to the doorstep was a staple for most families until the 1980s. but after decades of decline — dairies are reporting an increase in glass bottle deliveries. it's all to do with consumers wanting to protect the environment amid greater awareness of plastic waste. all is quiet in the village of marske in redcar. arriving at eileen‘s, ian has the birds and his bottles keeping him company. a milkman for 28 years, ian has witnessed a steady decline in doorstep deliveries. we have seen some redundancies, good friends lost theirjobs, but it seems to be picking up again. keeping you busy, then? keeping me busy, exactly, yeah.

eileen likes knowing that her bottles are reused, and she likes her milkman. how long have you known ian? about 12 years. 12 years?! in the winter, it was brilliant. poor ian, i was opening the door, and it was deep snow, the bottles were just plonked in. poor soul! a pint of eileen‘s milk costs 65p, so four of them is more than £2.50. but less than half a mile up the road is a major supermarket, where the same volume of milk costs less than half the price, so eileen‘s next door neighbours are not that keen to convert. living near the sea, jill has been horrified by images of plastic waste, and yet... does that tempt you to move to glass? i'd like to think i would, but, no, iwouldn‘t. waste charity wrap told us that because of the environmental impact of cleaning and delivering, a glass bottle must be used 20 times to beat plastic.

ian's bottles are used around 50 times, so he's hoping more customers will see them as the green option for the white stuff. nina warhurst, bbc news, redcar. this is the briefing from bbc news. the latest headlines: international pressure grows on syria. britain debates a military response, the us says all options are on the table. the daughter of a former spy poisoned in the uk last month has rejected an offer of help from moscow. facebook boss mark zuckerberg has endured another day of intense questions from us lawmakers. now it is time look at the stories that are making the headlines in media across the world. we begin with the daily telegraph newspaper here in the uk,

which like many papers — devotes its main page to donald trump vowing to carry out airstrikes on syria. it highlights the fact the us president told the world via a tweet. to bloomberg now and brexit. and it says theresa may might be ready to give up one of her so—called red lines and actually keep the uk in the customs union, pointing out it'd solve the irish border issue. the new york times among many covering mark zuckerberg appearing before the us congress. it reports day two of testimony was tougher for the facebook founder, as he was grilled over the protection of user data. wired cover ambitious plans set out by the president of spacex. they quote gwynne shotwell telling a tedtalk they'll be flying people from the us to china via space in a decade and it'll cost the same as a regular flight. and the guardian on why we may all

soon be forgetting our passwords. biometrics, web cams and apps may $0011 biometrics, web cams and apps may soon be accepted ways of accessing your online accounts, which means we can finally forget all of those passwords! nina's back with me to look through those stories. let's start with the telegraph. i have to say, i was looking at the papers this morning, just about every front page has got donald trump ata every front page has got donald trump at a picture of him on it all