south korea �*s president narrowly survives an impeachment vote. we'll be looking what comes next. last, how american businesses are preparing for donald trump �*s proposed tariffs. hello and welcome to business today. i'm suranjana tewari. we're keeping a close eye on developments in syria. rebel forces captured the damascus, effectively toppling the regime of bashar al—assad that has been power for more than half a century. the deposed president has fled to moscow according to russian state media. uncertainty in the middle east and also here in asia where the focus is back on south korea. its president, yoon suk yeol, has narrowly survived an impeachment vote after a short lived attempt to declare martial law.

the benchmark kospi index is trading almost 2% lower this lower this morning. for more on the latest developments in south korea, i'm joined by andrew gilholm from the control risks consultancy. this is really drawn out this surprise last—minute joint —— deal between president yoon and his party to keep him in power a bit longer. all eyes really are on what happens next with president yoon �*s party and him and will he resign, will there be another impeachment vote may be another impeachment vote may be next weekend? it seems like president yoon is finished and now it isjust president yoon is finished and now it is just a question of how displaced through via impeachment, resignation and the timelines and whether we start to get maybe some more instability and protests in the meantime as frustration rises. we are almost a week into the crisis there. give us a sense of what investors are thinking about south korea and how it

will impact things going forward. , will impact things going forward-— will impact things going forward. , , ~ ., forward. the big shock and the bi scare forward. the big shock and the big scare of— forward. the big shock and the big scare of last _ forward. the big shock and the big scare of last week- forward. the big shock and the big scare of last week 's - forward. the big shock and the big scare of last week 's few i big scare of last week �*s few hours, six hours of martial law, is pretty much passed now. i think that was the peak uncertainty for investors, was something really that we hadn't seen since the 1970s and 1980s going to happen in south korea. that is passed now and we're not going get another martial law declaration despite speculation about the end of last week so the —— the worst of it has passed. south korea �*s reputation to that extent is intact now and it is more of a question of will we now get weeks or months of this uncertainty where government is not really functioning so there isn't going to be any real shock to investors or markets, it is just how long will this

last. with protests in the meantime, will it extend to strikes. not too bad at the moment but that can have a knock—on effect if we get labour and industrial action. they were calling for strikes until the president goes. is that a real concern for business?— that a real concern for business? ., business? for the most part that is going _ business? for the most part that is going to _ business? for the most part that is going to be _ business? for the most part that is going to be limited i business? for the most part| that is going to be limited to the begin dust astral unions for now and unions that frankly businesses here are used to, periodic action. it would take that to go on for a long time before it would feed through to things like real supply chain impact and it would be a lot of... the sooner we get on —— we get clarity on what president yoon �*s position will be, the strikes will end no big

shock or impact but it would start to be a drag if we get no end in sight to this political paralysis. to end in sight to this political paralysis-— japan's economy grew at an annualised rate of 1.2% in thejuly to september quarter, from the previous three months. that's according to the latest official data. the better—than—expected reading comes ahead of a policy decision by the country's central bank later this month. aus a us appeal court has backed a law which will ban tiktok in america. —— in america unless the firm separates itself from its chinese owners. the us believes the company has links to the chinese state — something it has always denied. tiktok�*s owners say they'll appeal to america's supreme court. tick—tock �*s only actions is to reveal —— water as a supreme

court. because this is started at the court of appeal, unusually, they have no appeal of rights, they have no right to an appeal. of rights, they have no right to an appeal-— to an appeal. that is interesting. - to an appeal. that is interesting. the - to an appeal. that is - interesting. the algorithm on tiktok, the thing that has made it so famous and influential, is really the contentious issue. can you talk us through the legal issues surrounding the legal issues surrounding the algorithm.— the legal issues surrounding the algorithm. really the only issue the court _ the algorithm. really the only issue the court of— the algorithm. really the only issue the court of appeal- issue the court of appeal considered of substance is whether or not tiktok was violating, excuse me, the ban on tiktok violated the first amendment and the court of appeal is found 3—0 that it did not, that espionage is not excused by the first amendment and as a result tiktok really has no legal argument related to the algorithm specifically. the court really didn't reach that. it looked at the corporate structure issue and concluded there was sufficient evidence that tiktok was in essence a brand of ad a branch of the chinese government engaged in espionage and that is as far as the court went. the alleged espionage we should

say because both china and tiktok deny those allegations. concrete creatures are urging their followers to follow them on other platforms. what do you think this key case means for the case more broadly? the court of appeals _ the case more broadly? the court of appeals was - the case more broadly? tue: court of appeals was clear the case more broadly? tte: court of appeals was clear that this decision only applied to tiktok and only the evidence of espionage specifically to tiktok one is another entity out there is an arm of essentially their state �*s intelligence services those tech companies don't seem to have anything to fear from this decision. in have anything to fear from this decision. ., , decision. in other news. hiring in the united _ decision. in other news. hiring in the united states _ decision. in other news. hiring in the united statesjumped i decision. in other news. hiring in the united statesjumped in j in the united statesjumped in november led by healthcare november led by healthca re companies, november led by healthcare companies, restaurants and bars stop according to official figures, employers added 227,000 jobs last month. that was a strong rebound from october where destruction from major storms and labour strikes hindered jobs growth. us president—elect donald trump says he has no plans to put replacejerome says he has no plans to put replace jerome powell as chairman of the federal reserve. mr trump said in an interview

with nb that he doesn't see the removal of mr powell, whose term ends in 2026. -- with nbc. he has previously criticised mr powell over interest rate levels. with donald trump's inauguration less than two months away, companies are rushing to protect their businesses from tariffs. the incoming president has promised to slap 25% import duties on goods from mexico and canada, and an additional 10% on anything coming from china. the bbc�*s michelle fleury travelled to philadelphia to find out more. so these are some of the bags that we have at the warehouse. is it one of your most popular ones? , ., is it one of your most popular ones? , . is it one of your most popular ones?_ handi ones? yes, a backpack. hand banned -- — ones? yes, a backpack. hand banned -- handbag _ ones? yes, a backpack. hand banned -- handbag designer| ones? yes, a backpack. hand - banned -- handbag designer took banned —— handbag designer took action immediately after the election, reaching out to her chinese manufacturing partner. she didn't want to risk delays, especially with the chinese new year fast approaching at the end of january.— end of january. after the election _ end ofjanuary. after the election i'm _ end ofjanuary. after the election i'm like, - end ofjanuary. after the election i'm like, ok, i end ofjanuary. after the i election i'm like, 0k, we've election i'm like, ok, we've got to get these bags in before you go on your vacation. the

rash wasn't _ you go on your vacation. the rash wasn't due _ you go on your vacation. the rash wasn't due to _ you go on your vacation. the rash wasn't due to a - you go on your vacation. the rash wasn't due to a sudden surge in demand, it was the looming threat of tariffs. t looming threat of tariffs. i have got to be ready and prepared for it. i have got to be ready and prepared for it. i shipping her bans prepared for it. i shipping her bags ahead — prepared for it. i shipping her bags ahead of _ prepared for it. i shipping her bags ahead of schedule, - prepared for it. i shipping her bags ahead of schedule, she | prepared for it. i shipping herl bags ahead of schedule, she is working to avoid the tariffs on chinese imports that donald trump has promised to impose on day one of his presidency. the idea behind tariffs is pretty straightforward, make imports more expensive so that products made in america and stored in warehouses like these seem like a better deal. it is all about pushing companies into manufacturing in the united states but the big question is, will companies actually move production back here? one american firm with no plans to bring manufacturing back to the us is steve madden, the well—known shoe brand stop that it is speeding up its relocation efforts stop just two days after the election, the company said it would cut its chinese production in half to avoid a trumpet �*s tariffs. our goal over the next year is to reduce that percentage of

goods we source from china by approximately a0 to a5%. the approximately 40 to 4596. the ro osed approximately 40 to 4596. the proposed tariffs _ approximately 40 to a5%. the proposed tariffs are already changing how goods are being handled. warehousing giant lodges is seeing an uptick in interest from businesses looking for space to stock up. these types of requirements have really been on the margin but you are seeing some goods come into the united states our customers are telling us that they are finding spare places to store goods. i they are finding spare places to store goods.— to store goods. i can put my shoes in — to store goods. i can put my shoes in here, _ to store goods. i can put my shoes in here, my— to store goods. i can put my shoes in here, my workout l to store goods. i can put my i shoes in here, my workout fear that_ shoes in here, my workout fear that met — shoes in here, my workout fear that met my workout gear. she real doesn't — that met my workout gear. ste: real doesn't believe she can pass the added costs onto her customers. instead she is now looking for new suppliers in cambodia india. if looking for new suppliers in cambodia india.— cambodia india. if you are talkin: cambodia india. if you are talking about _ cambodia india. if you are talking about adding - cambodia india. if you are | talking about adding tariffs cambodia india. if you are - talking about adding tariffs on everything that comes, people are going to be more concerned about buying their kids clothes and things that they need in their home, not a bag. you can shop on the website now... itiiui’ith shop on the website now... with the disruption _ shop on the website now... with the disruption already being felt, the threat of these

tariffs are already imposing real—world costs on businesses. michelle fleury, bbc news, philadelphia. it is the end of an ear, kind of. —— end ofan it is the end of an ear, kind of. —— end of an era. taylor swift �*s eras to is coming to a close after a record ia9 shows across the globe. the city of vancouver is where the final show is about to begin and it will bring the curtain down on what has become grossing musical tour in history. generated more than $2 billion in ticket sales worldwide. we continue to keep across developments in syria. according to russian state disposed —— deposed president bashar al—assad is in moscow after fleeing bashar al—assad is in moscow afterfleeing damascus. we are running a live page on our website. thank you for watching and that is all farag to —— this edition of business today.

hello and welcome to sportsday — i'm lizzie greenwood—hughes. here are the headlines: a day of comebacks in the premier league — chelsea are the big winners at a disappointed tottenham. while at fulham, they'll take a draw against arsenal. celebrations in abu dhabi as lando norris drives mclaren to their first contractors�* title for more than a quarter of a century. and it's a new season and new tricks for snowboarding's half pipe world cup opener. so, welcome to the programme. we're starting with football and the premier league

where there's been a lot to talk — about the late