an extra 10% tariff on china, taxes on mexico and canada as well. we'll look at president elect donald trump's latest economic plan. have you wondered what the world will look like in a century? it's a museum experience in london, thanks to augmented reality. welcome to business today, i'm steve lai. let's begin in the us, where president elect donald trump has just said he plans to impose an additional 10% tariff on china. this is over the alleged inflow of drugs like fentanyl into the us.

on social media, he said the new tariffs will come throughout his campaign, trump pledged to impose tariffs as much as 20% on all us imports, so 25% for canada mexico is a little above that. he's also pledged 60% in china, where tariffs are currently 19% thanks to his first trade war.

it's not really clear on this latest, i guess you call it a tweet, i'm not sure what you call his messaging now, truth you would call it... 10% on top of the 60 or 10% relative to the 25 of mexico and canada? numbers have never been donald trump's strength, so it's a little confusing as to what he means. it's clearly consistent with his promise that he made during the campaign to utilise tariffs as a weapon to accomplish many of his policy initiatives. ijust have to remind your audience that when he declared victory on november 6th, he did so under the proviso of promises made, promises kept. so he appears to certainly be delivering on that with respect to his promises on tariffs.

so how do you see that relationship between china's xi jinping and donald trump, once he takes office? i just came back from an 11—day trip of asia. put it this way... i was surprised at a lot of what i heard. the asians, i think, are steeped in denial right now. they believe trump is a very transaction—based deal—maker, and that he's bluffing on tariffs. that he's just going to use these as a blunt instrument to force china in particular into concessions. and they cite the fact that in the first year of his first term, 2017, he met xijinping in two summits, one at mar—a—lago, one in beijing,

they became buddies. he put tariffs on them, but ultimately he cut a deal. the so—called phase one trade deal of early 2020. the deal was a horrible deal. it never worked. china promised to buy $200 billion more of us exports, and they missed the target by $200 billion. so they didn't achieve anything. but the view in asia is they're going to do it again, they are looking for an early summit between xi jinping and trump in 2025, and the focus will be transactions based, and looking for the next deal. china has responded to the latest proposal by mr trump. a spokesperson said, the country has taken action to stop the flow of drugs like fentanyl into the united states and mr trump's allegations, quote, run completely counter

to facts and reality. he added they both benefit from co—operation and no—one will win in a trade or tariff war. us stock markets have edged higher after mr trump picked billionaire scott bessent to lead the treasury. the dowjones closed at another record high. the s&p 500 also extended its record streak. investors hope that mr bessent will lower the risk of the president elect�*s economic plan, which includes tariffs. in another setback for adani group, french group total energies said it has halted fresh investment into adani following bribery charges. total energies is a significant shareholder in two adani companies, including the company at the centre of the bribery allegations.

shares fell 10% on monday and again today. more on the implications. total energies holds a 20% stake in adani green energy, and it has a board seat. plus a joint venture in adani green ltd. and a 37.4% stake in another venture company. both are listed on indian stock exchanges, and that makes total energies a significant shareholder and a board member in adani group companies. but even then, in a statement, total energies said they were not made aware of any investigation in the alleged bribery scheme that is in the news right. total also has a 50% stake

in some renewable projects they are pausing fresh investment until the charges are clarified. total energies has invested about $5 billion according to research. and they have been looking at adani green to expand into the renewable energy space in india. the combined portfolio is also very critical. for india's renewable energy target. with fresh funding being paused by total energies, it raises serious concerns about adani getting fresh funds to take forward their existing plans and proposals. some of their dollar bonds have been put on watch, and s&p global has put three of their companies on a downgrade

warning. that is certainly putting adani in a big question as far as capital raising is concerned and also corporate governance concerns.- concerned and also corporate governance concerns. augmented reality, which integrates digital information with the users' environment in real time, is becoming more widely used. museums used ar to enrich exhibits. spencer kelly visited london's natural history museum which has launched a mixed reality experience to allow guests to see how the planet looks in 2125. deep in the heart of london's natural history museum, the exhibits are coming to life. i am surrounded by fireflies. oh, wow. visions of nature takes visitors to the year 2125, to see how the natural world will adapt to climate change and human behaviour. when people think about museums, they often associate

them with the past, maybe the present. the great thing about this exhibition is it gives us a chance to talk about the future. and to present a view of the future. we worked with museum scientists to make sure future is credible and based on scientific process. none of us know what's going to happen in the future, these are imagined scenarios, but they are based on current science, current thinking, about what the really big challenges facing the planet are, but also what the most beneficial actions to try and address them are. i'm eye—to—eye with a cuttlefish. this is a mixed reality experience. some of the exhibition is physically here, but the real stars come out when you look through microsoft's hololens 2 headset. the device we are using has a lot of sensors, and it can interact with your fingers.

we try to design some action from the visitors that are linked to their actions. because when you act on something, you are into the story, and when you interact, you have an impact. that's what we want to do with that technology, to have the visitor have an impact on the story. i think if you really want to enjoy mixed reality, you have to be a bit forgiving. the technology is still evolving. for example, the images don't go right the way to the edge of your vision. they're kind of in these small windows in the centre of what you are seeing. sometimes an animal might drop off out of this rectangle. but if you can get over that, it is a really immersive experience. as you turn your head and move around, all the creatures stay absolutely locked in the 3d space they are supposed to be in. it is an immersive experience.

if you'd like to know more about our top story regarding trump and paris, check out our website. they won tariffs on mexico, canada and china. thanks for your company, goodbye for now. —— day one tariffs.

hey, i'm lola with the catch—up. tonight, fears from backpackers in laos, wicked singalong debate, and a cat rescue. more than 100 flood warnings were put in place across the uk on monday, and a major incident has been declared in northamptonshire, after storm bert battered britain over the weekend.

at least five people are known to have died. many roads were turned into rivers, with some areas seeing more than a month's rain in 48 hours. one of the worst affected areas is south wales, where there's growing anger among some communities, who say warnings didn't come soon enough. some other stories now. 16 people, including two brits, are thought to be missing after a tourist boat sank in the red sea. almost 30 people have been rescued so far. egypt's army is helping with the search. the boat set off from one of the country's ports on saturday. laos backpackers have spoken about fears after six tourists died last week from suspected methanol poisoning from alcohol. their deaths have sent shockwaves through the backpacker scene, with some travellers avoiding shots and sticking to drinking bottled or canned beer. and would you sing along in the cinema? well, that's a question wicked fans have been faced with as they rush to see the screen version of the hit

musical over the weekend. some fans ignored cinema etiquette and sang along, triggering some cinemas to impose a singing ban. time now for ten seconds ofjohn the cat. john, who is a female cat, had to be rescued by fire crews after getting stuck in a drainpipe. she had no serious injuries and her owner says she's doing well. you're all caught up. have a great night. hello and welcome to sportsday.

an unprecedented five defeats in a row, but manchester city's manager pep guardiola insists he won't change his tactics. is mo on the move? salah admits he's close to leaving liverpool as the club fail to offer him a new contract. and india take a 1—0 lead in theirfive—match series against australia, after humiliating the home side in perth. hello there, and welcome along to the programme. we might be more than 48 hours on, but questions still loom over what happened at manchester city. a 4—0 defeat at home to tottenham, their fifth