the world economic forum in davos this week as donald trump settles into the oval office in washington. speaking in davos, the european commission president, ursula von der leyen, said europe has entered a new era of harsh geostrategic competition, with president trump playing a protectionist game. last night, the president suggested 25% tariffs on the united states�* neighbours canada and mexico. he also confirmed the us will pull out of the global paris climate agreement. ms von der leyen criticised the move. the criticised the move. paris agreement continues to the paris agreement continues to be the best for all humanity. so europe will stay the course and keep working with all nations that want to protect nature and stop global warming. let's hear now from trade expert allie renison. she is associate director at sec newgate and formerly a government special adviser and head of eu and trade policy

at the institute of directors. good to have you here. there is so much i want to talk to you about about what we have heard from president trump. your focuses trade. what did you hear, if anything, that would reassure you about global trade because all i heard was protectionist measures from donald trump. he protectionist measures from donald trump.— protectionist measures from donald trump. he spent a lot of his campaign — donald trump. he spent a lot of his campaign talking _ donald trump. he spent a lot of his campaign talking about - his campaign talking about having tariffs from day one and maybe there is some relief that there is not an executive order on day one. he has talked about putting tariffs on canada and mexico in particular, not mentioning china, interestingly. he wants to go away and look at research, basically. there is some light reassure me that this will not be sticking to finger in the air trying to figure out what approach they will take on

tariffs. �* f , approach they will take on tariffs. �* j, ., approach they will take on tariffs. �* ., , , tariffs. america's two biggest tradina tariffs. america's two biggest trading partners, _ tariffs. america's two biggest trading partners, canada - tariffs. america's two biggest trading partners, canada and| trading partners, canada and mexico. that would make good spot from their more expensive the idea being to support business within the united states. the flip side of this is prices could go up. consumers in america will be paying more for this stuff as a result, meaning inflation rises, doesn't it? if depends on how companies _ rises, doesn't it? if depends on how companies absorb i rises, doesn't it? if depends. on how companies absorb the tariffs, but that is generally the consensus. when you look at canada, the us, mexico, it is a very interlinked supply chain. parts of congress have concerns about chinese companies who are using mexico's access to basically have a base and an easy access without dealing with tariffs. trump talked about looking at this new renegotiated agreement between the us, canada and mexico that was struck under these last

administration to see what flexibility there is to apply those tariffs. we flexibility there is to apply those tariffs.— flexibility there is to apply those tariffs. ~ ~ ., , , those tariffs. we know this is often more — those tariffs. we know this is often more about _ those tariffs. we know this is often more about politics - those tariffs. we know this is l often more about politics than economics. we know president trump is that this is about the war on drugs, on illegal immigration and that is why he wants to get tough particularly with mexico. what is your assessment of where the balances between what is good for america economically and what is a lot of political posturing to get what he wants from trade talks and other talks with these rogue leaders? he has talked about, and i think he has some very shallow support if any four members of his own party, about the idea of replacing income tax with tariff revenue. very often, i think this is the big difference between this trump is that he wants to use tariffs to get concessions on foreign policy, border security, to get concessions on foreign policy, bordersecurity, even

the chagos islands deal that the chagos islands deal that the uk is stricken with mauritius. it makes it really unpredictable for countries to plan for when nothing is hard and fast. �* , ., plan for when nothing is hard and fast. �* ., ., ~ and fast. always good to talk to ou. and fast. always good to talk to yom i _ and fast. always good to talk to you. i have _ and fast. always good to talk to you. i have a _ and fast. always good to talk to you. i have a feeling - and fast. always good to talk to you. i have a feeling we i to you. i have a feeling we will be talking again as we get more details! the social media star jimmy donaldson, better known as mrbeast, has revealed his own bid to buy tiktok with other wealthy backers. he has released a video on the platform of him apparently on a private jet on his way to make an official offer to buy the app. other companies, billionaires and celebrities have expressed interest in buying it, including elon musk. we have no further details about mrbeast�*s bid, except that it will, he says, be "crazy". tiktok, i'm on a privatejet right now about to put in my official offer for this platform. i might become your guys' new ceo. i'm super excited. while we wait, i'm going to be giving five random people

that follow me $10,000. i wish i could say more about the offer i'm putting in, but i can't for now. just know it's going to be crazy. the british government is considering backing expansion of airports capacity, including a third runway at london's heathrow airport. that is a controversial proposal that's so far been rejected by previous governments. the treasury is looking at whether to support a third runway at heathrow, approve a second runway at gatwick and increase capacity at luton airport. let's get more on what's being proposed with our business correspondent theo leggett. up up until now there has been a lot of talk about whether this would happen. we have a new transport secretary. but they are also looking at things among growth and capacity. absolutely, growth is what the government has fixed its targets on. expanding airport capacity is seen as a way of

doing that. if you expand airport to bring a more business travellers, more terrorists. flying planes in a night in itself creates jobs. the downside is it creates environmental damage and expanding airports involves demolishing houses, increasing noise levels and so on. the expansion of heathrow has been on the cards for a decade and a half at least. it has always been controversial. it has been official government policy since 2018, just hasn't gone anywhere yet. these proposals are all a very different stages. are all a very different stages-_ are all a very different staues. . ~ ., ., stages. talk to me about the timescale- — stages. talk to me about the timescale. it _ stages. talk to me about the timescale. it is _ stages. talk to me about the timescale. it is one - stages. talk to me about the timescale. it is one thing - timescale. it is one thing getting the agreement to build this thing, it is another thing getting planes taking off and landing on these things. i long could it take? in landing on these things. i long could it take?— could it take? in gatwick it could it take? in gatwick it could happen _ could it take? in gatwick it could happen fairly - could it take? in gatwick it| could happen fairly quickly. that has already been to the

planning process. it applied for a development consent order whichjust needs now for a development consent order which just needs now to be signed off by the secretary of state for transport. if the government is in favour of that could happen fairly quickly and speeds could be on the ground before long. likewise for luton airport, the building of a new terminal and the expansion of an existing one, consent has already been applied for. that could happen fairly quickly. the big one is heathrow where the government wants to build a third runway. that would mean demolishing 700 houses, built in a tunnel undera demolishing 700 houses, built in a tunnel under a motorway. it is old ways been controversial because it is opposed by local authorities, environmentalists and different governments have weighed in one way or another with their own support. that one is the most controversial, also likely to be the one that takes the most time to get to fruition.- time to get to fruition. thank ou.

let's turn now to the uk economy now because markets have upped their bets on an interest rate cut next month from the bank of england on more signs that the jobs market here is weakening. britain's jobless rate ticked up to 4.4% in the three months to the end of november, according to the office for national statistics. wages though are still creeping higher, raising fears about stubborn inflation. average weekly earnings were 5.6% higher over the three—month period compared to last year. michael stull, uk managing director of recruitment giant manpowergroup, says they are seeing warning signals about the state of the labour market in the uk. i will say that from a wage perspective, they remain stubbornly high. we know that wages take a long time to work through the cycle and will often lag what we see happening in the market. our data at manpowergroup will tell us that in the fourth quarter, wages

onjob postings dropped by 9%. so i do think that we will see wage pressure go down. but broadly speaking, i think these numbers still underline the fact that we are in a hiring recession. we see that demand is very soft for workers right now. if we look year over year, it's down 30%. we usually see a nice rise at the end of the year as we have holiday hiring taking place. we didn't see it this year. the second thing to note is that workers are nervous. the main programme of events at the world economic forum in davos gets under way today with politicians and business leaders gathering from around the world to press the flesh. it is a place where celebrities can often be found and this year david beckham is attending for the first time. last night, he received an award at a ceremony for "extraordinary leadership and humanitarianism". he has been speaking to our economics editor, faisal islam, about the honour and what it means to share

space with powerful business leaders. it's incredibly humbling to get an award for something that i have been so inspired by over the years. working with unicef is one of my most important things and most important aspects of my life. so to receive an award for something that i enjoy doing, i get inspired by, is incredible. this is my first time at davos, and to be here for a couple of days or this whole week that people are here, that leaders are here, that very important people are going to be here this week that can make change, for me to be here for the voice of children is really important. what sort of changes would you hope can be inspired for children with the very powerful people at a place like this? like you say, there's very powerful people here that can make change. leaders in business, leaders in economics, leaders, leaders in life

and they can make changes for children. for me personally, you know, to have been part of unicef for so long and met so many incredible children over that time and been able to help children over that time, or even be able to shine a light on the situations that they're involved in, i've been able to use my platform that i've had over the last 20, 30 years for the voice of children that's important to me because, you know, that's important to everyone. your charity work, your sports work. you're a great british export around the world, including to america. the government is trying to do the same sort of thing around now. do you think the message about how great britain is, what advice would you give? great britain would always be great to me. that's what i'm all about.

you know, i'm not a politician. i'm not a scientist. i stay out of all of those kind of things. but one thing i don't stay out is one thing i don't stay out of is the protection of children and that's why i'm here. stay with us here on bbc news.

hello from the bbc sport centre. we've had the first of the quarterfinals at the australian open. the ten—time winner, novak djokovic, is on court right now facing the carlos alcaraz. they have been playing for about an hour and a quarter. alcaraz, who has never made it beyond the quarterfinals, took the first set 6—4. there have been a couple of breaks in the second set for both men. it has been quite a tussle. the winner of that match will face second seed

alexander zverev in the semis. he beat the amercan tommy paul. the german took the first two sets on tie breaks and, though paul pulled one back, zverez sped through the fourth set 6—1 to reach the last four for the second sraight year. the women's champion aryna sabalenka is into the semis after a 19th win in a row at melbourne park the world number one is looking to secure a hatrick of australian open titles, had to work really hard to battle past the 27th seed anastasia pavlyuchenkova. she won the first set 6—2 but lost the second by the same margin and then went a break down in the third, but turned it round to take the decider 6—3. she will play paula badosa, who stunned the world number three, coco gauff. the spaniard, who almost quit tennis last year with a chronic back condition, won in straight sets to reach herfirst grand slam semifinal, today of course maybe i had a little bit less expectations, but i still have pressure because i wanted to win so

badly. i will