in azerbaijan. we look at climate financing and how a trump presidency could impact global climate goals. hello and welcome to business today. i'm steve lai. it's being called the biggest political comeback in history. donald trump will return to the white house as the 47th president of the united states injanuary. but, what will that mean for businesses and economies in asia? on the campaign trial he regularly talked about trade and tariffs, saying goods from china will be subjected to levies of up to 60%. the rest of the world wouldn't not be spared either, but at a lower rate of around 20%. there are concerns the next stages of a trade war could pose additional challenges to the global economy. angela mancini from control risks. is it rhetoric or a bargaining tool? this is someone who has been wanting to have tariffs

for decades. indeed we saw in his first administration that he did put tariffs in place and kicked things off with china and a trade war. having said that, he did not do everything. the 60% tariff on china 20% universal probably is more of a bargaining position because of go—ahead to do that, the impacts would be quite significant notjust for other significant not just for other economies trading significant notjust for other economies trading with the us but also it would be inflationary. in but also it would be inflationary. but also it would be inflationa . inflationary. in asia, if he was to carry _ inflationary. in asia, if he was to carry it _ inflationary. in asia, if he was to carry it through, i inflationary. in asia, if he i was to carry it through, even if the percentage is lower? the first would _ if the percentage is lower? the first would be _ if the percentage is lower? the first would be to _ if the percentage is lower? tue: first would be to look if the percentage is lower? tte: first would be to look at what china does. with donald trump and joe biden did not retaliate in kind. they were measured responses, not exceeding what the us put on to china. i think the us put on to china. i think the difference now is let's see what happens from eight

retaliation point of view. they have different laws and lists they have started to implement. watch to see what kind of retaliation that they might do, not excessive but to do it and number to look at other countries around the region. malaysia and vietnam are exposed because of their larger trade deficits with the us and also think about does the us crackdown on that shipments coming from china through vietnam, violating trade laws. if he does carry through with tariffs, other countries, will they not turn away from the us and look more towards each other? tt and look more towards each other? , ., , other? it is not so simple because _ other? it is not so simple because the _ other? it is not so simple because the us _ other? it is not so simple because the us is - other? it is not so simple because the us is such i other? it is not so simple because the us is such a| other? it is not so simple - because the us is such a strong market and investor here. but i think you are right for some companies and markets are starting to think how to rework the supply chain. a lot of asia investment into the us as well.

japanese automakers, south korean businesses as well as well as mexicans. 80% of production in mexico goes to the us and what happens if mexico gets tariffs. it is a complicated picture. there is a whole reworking of supply chains if tariffs are implemented. chains if tariffs are imlemented. . ., implemented. what are you watchinu implemented. what are you watching for? _ implemented. what are you watching for? i _ implemented. what are you watching for? i watching - implemented. what are you watching for? i watching forj watching for? i watching for his overall _ watching for? i watching for his overall tone. _ watching for? i watching for his overall tone. he - watching for? i watching for his overall tone. he does i watching for? i watching forl his overall tone. he does not seem as angry but more jubilant and that may change his tone and that may change his tone and actions. we also have to look at who his advisers. bitcoin has rallied past $80,000 for the first time ever, as investors bet on continued momentum especially after the us elections. 0n the campaign trail, trump vowed to make the united states "the crypto capital of the planet". he also pledged to launch a national crypto stockpile, with over 16 billion dollars in bitcoin the us government has amassed

through asset seizures. world leaders meet this week for the latest un climate talks, cop29, in baku, azerbaijan. but donald trump's victory in the us presidential election has clouded the outlook, with threats to withdraw the nation from the landmark 2015 paris climate agreement, for a second time. north america business correspondent, ritika gupta filed this report. dubbed the claimant finance cup, the central goal at the meeting will be how much money should go each year to help developing countries cope with climate related costs but talks could be difficult after donald trump is macro election victory. donald trump a climate sceptic, has vowed to remove the us from the landmark 2015 paris agreement to fight climate change for a second time. the big concern is anything us negotiators agreed to it will be meaningless once

the new administration gets in and that by removing the incentives for the lack of china and india to make big commitments. at the same time that donald trump administration is likely to push for a ramp up of oil and excavation and rollback environmental protection and impose tariffs on ev and solar panels coming from china. trump efforts to boost oil and gas instead may be less effective and could face strong opposition within his own party given president biden �*s inflation reduction act which make channel $1 trillion of spending into clean energy and has been hugely beneficial to republican districts. we also got insight from climate finance expert hannah alcoseba fernandez, from eco—business. she laid out what she expects from the new us administration next year. it is likely that donald trump will signal to withdraw from

paris. we saw this last time in 2016 and there is speculation that trump could move further and leave perhaps the un and triple c. that is likely to be challenged in court and take years to resolve. there has been research showing that even without federal support, continued high ambition efforts from actors could achieve more than 48% emission reductions by 2035. however, we do have two, echoing from the previous speaker, we can see what the policies will be an in particularfor policies will be an in particular for southeast asia. there is speculation that perhaps he might disengage the us from thejust perhaps he might disengage the us from the just energy partnership, partnership in

indonesia and vietnam which tells developing states to shift from fossil fuel energy to clean energy. that flash which helps. today the us is the biggest state partnerfor that programme. it could mean millions of dollars are lost. here in asia, china and indonesia have signed 10 billion dollars worth of deals at the indonesia—china business forum in beijing on sunday. the agreements cover sectors like new energy, technology and biotech. indonesian president prabowo subianto also sat down with chinese president xi jinping on saturday, where they agreed to enhance collaboration in green sectors such as electric vehicles and lithium batteries. china is the first country prabowo visited since taking office in october. turning to tech now — here are some big figures. more than 4 million photos are uploaded to instagram every hour. about 500 hours of video posted to youtube every minute. around 30 million videos are uploaded

to tiktok every day. as we know, some of it is harmful, disturbing, or illegal. our technology editor zoe kleinman explores the hidden world of the content moderators, whosejob it is to keep us safe online. if you see something bad on social media and you decide to report it, have you ever wondered where it goes? it late into the inboxes of people called content moderators whose job it is to review and delete the worst contact on the internet. in every state could include child abuse, hate speech and murder but they are hidden away. many do not work directly for the tech giants. there are content moderators in the wake but these jobs are often outsourced to other companies placed east africa, india and the philippines. in india and the philippines. t�*t doing that, we are the ones who usually inaudible. he

doing that, we are the ones who usually inaudible.— usually inaudible. he lives in nairobi. from _ usually inaudible. he lives in nairobi. from april— usually inaudible. he lives in nairobi. from april 2022 - usually inaudible. he lives in nairobi. from april 2022 he i nairobi. from april 2022 he worked as a moderator outsourced by tiktok. from sexual, material, _ outsourced by tiktok. from sexual, material, or- outsourced by tiktok. from i sexual, material, or content, to very disturbing content whereby people are being beheaded or killed or skinned alive, you know, to kids being molested. alive, you know, to kids being molested-— molested. the 'ob usually affected molested. the job usually affected his mental - molested. the job usually| affected his mental health and he feels it was not given proper psychological support or patina. content moderation is an industry in crisis. there are multiple ongoing claims it is destroying the mental health of moderators. we spoke to several. they have all told a similar story. several. they have all told a similarstory. despite several. they have all told a

similar story. despite if they work and the rise of ai tools designed to catch harmful content before it is published, the torrent of horrific material that finds its way online continues. that was the bbc�*s zoe kleinman. you you can hear more about this story from zoe in her new series on bbc sounds. let's take a look at how markets in asia are faring this monday. most indices are trading lower, after china's 0ctober inflation numbers came in below expectations, prompting concerns over the recovery in the world's second—largest economy.investors will be watching how the us markets open tonight, after a record close on friday. and that's it for this edition of business today. thanks for watching.

hello and welcome to sportsday. coming up on the programme: the latest from the premier league. the end of an era as cavendish retires from professional cycling. and a fairytale when four world number 229 at the abu dhabi golf championship. —— number 29. lots of sport for you and it has been quite a day in the between the london clubs ended with a draw. the perfect result for the title rivals. it included plenty of action. the