on mexico and canada will come into effect next week, at the white house, with trade high on the agenda.

a green light for gatwick. the uk government gives approval to expand. london's gatwick airport approval to expand. and the enduring lure and the enduring lure of ash and pikachu — of ash and pikachu — we speak to the boss of the pokemon company, 29 years after the 29 years after the game's first release. game's first release. welcome to business today, i'm ben thompson. us president trump weilding the threat of more trade tariffs, as he continues his push to prioritise american jobs, and exert political pressure on key trading partners. on media, mrtrump has said that tariffs could fuel inflation. on mexico and canada will take effect next week. and he's floated an and he's floated an additional 10% tariff additional 10% tariff on all goods from china. he's blaming what he calls he's blaming what he calls "the ongoing flow of drugs "the ongoing flow of drugs across americas borders", much of which president trump across americas borders", says is made in china. meanwhile, the european union faces a potential 25% tariff on all imports, on all imports, which it vows to fight. which it vows to fight. economists warn tariffs economists warn tariffs could fuel inflation. michelle fleury is

in new york for us. could

time mentioned that eu could face a 25% tariff, it is g 7 that pin to assumed that were going to affect around that time, 7 that wasn't specified, although that wasn't specified. it is up in the although that wasn't specified. it is upin the air. is, how much room the question is, how much room is there for country is there ferrthe country is of is there ferrthe seuntry is of these to is there ferrthe seuntry is of t in ;e to is there ferrthe seuntry is of t in the to is there ferrthe seuntry is off in the case to is there ferrthe seuntry is off in the case of negotiate? in the case of canada, has canada, there has been some confusion, donald trump has talked about this being about the of ie 7-77 that is coming across the border. well, the quantities border. well. the quantities from into us coming from canada into the us are significantly smaller than the amounts across the mexico. also, as borderfrom mexico. also, as you may recall, when we started talking about tariffs, canada said it was introducing a fountain hills are 7 try ste 7 7 address the issu7e,7 7 7 address the issue, and we 7 -7 also saw claudia shine by saying she would troops to saying she would send troops to the border. —— a the border. —— introducing a sort of fenta nyl the border. —— introducing a sort of fentanyl tsar. the border. —— introducing a sort of fenta nyl tsar. all the border. -- introducing a sort of fentanyl tsar.-

—: the warnings that these while, the warnings that these tariffs could push up true, a 7 true, a lot 7 77 true,alotof 7 true, a lot of concern remain true, a lot of concern imposing all these extra about imposing all these extra on anything imported into cost on anything imported into the united states, for everyday consumers, they will pay more. tariiig tariiis work. how tariffs work, you are right, ben, it is an import right. ben. it is an import so if you are duty. so if you are an american , may be duty. so if you are an american . may be making manufacturer: may be making for example, in manufacturer? may be making for example, in the bicycles, for example, in the states, you might be united states, you might be importing a party from china goes7 into 7 goes7 into the bike. you have to h7ave to pay that higher will have to pay that higher cost, and only question is, gost. and only question is...do absorb it or pass it on to you absorb it or pass it on to consumers? that why consumers? that is why economists say it can ultimately be inflationary. the question is, how much? we do know at this point, not really know at this point, it depends on how much of the 7r-7 gets passed on, but you cost gets passed on, but you are starting to see it affect 7 you look at already 7 already showing 7 already showing a decline,

was already showing a decline, there was poll that there was a poll showing that are split as to the voters are split as to the effects, the benefits and harms tariffs. thank 777777t7hank us posted, stuff. thank. you uspostedfi ~ ..- w ,.,.-,. fleury live stuff. thank. you uspostedw .. we ee ewwee fleury live in new michelle fleury live in new york. now, amid that threat of a global trade war, the uk prime minister, sir keir starmer, has arrived in washington and is due at the white house in the next hour or so to meet president donald trump. the talks are expected to focus heavily on security. in the uk's defence spending, as the eu now knows well, and a possible future let's speak to yael chief at kpmg uk, chief economist at kpmg uk, what is your assessment about the priorities of this meeting? what is your assessment about ti seems ties of this meeting? what is your assessment about ti seems as s of this meeting? what is your assessment about ti seems as though meeting? what is your assessment about ti seems as though mee�* is ;? what is your assessment about ti seems as though mee�* is a�* for them to discuss, where lot for them to discuss, where will the priority be in terms of what keir starmer needs to first? discuss first? well, i think defence — discuss first? well, i think defence is _

discuss first? well, i think defence is - the i discuss first? well, i think i defence is - the first defence is probably the first item the because the item on the agenda. because the has a big role in that uk has a big role in that within.--- uk has a big role in that within.-,- and also because within europe, and also because the uk is not directly under when it comes to the this ' ' 7 7 thisstage, 7 7 7 7 thisstage, we 7 tariffs at this stage, we mainly trade in services with the us and have a surplus, so we not, at the moment, lgegare not. at the moment. any immediate under'any'immed'rate threat of having said that, we tariffs. having said that, we be affected indirectly would be affected indirectty im pa ct would be affected indirectty impact on would be affected indirectly impact on other through the impact on other trading partners.— through the impact on other trading partners. now, there is a lot i talk _ trading partners. now, there is a lot i talk about _ trading partners. now, there is a lot i talk about a _ trading partners. now, there is a lot i talk about a trade - a lot of talk about a trade deal, it strikes me that, you know, what we're seeing from the house right now the white house right now and trump administration is not the trump administration is not very encouraging, one might say, when it comes to establishing trade relationship with uk. given what we are in terms of tariffs and seeing in terms of tariffs and �* key trading partners,

other key trading partners, mexico, canada, the european union. ., ., ., union. yeah, i mean, iwould find i fairly — union. yeah, i mean, iwould find l fairly - if - find it fairly surprising if this is where things were . . at this stage, and heading at this stage, and one think ultimately, one needs to think the broader about the broader trade relationships that the uk has. the us is a very important trading partnerfor the uk, but also the eu, and being able to balance the would be balance the two would be important for the extremely important for the prime minister.— extremely important for the prime minister. how would you exect prime minister. how would you expect he _ prime minister. how would you expect he will _ prime minister. how would you expect he will see _ prime minister. how would you expect he will see this? - prime minister. how would you expect he will see this? what i expect he will see this? what is a win for the prime minister in this how will he this 777this7ba7c7k777 7 7 7 7 thigtéék'fisnre} 7 7 this back home? i sell this back home? ass? 7 7 win would be to sell this back home? 7: win would be to some huge win would be'to'get some in relation to commitment in relation to defence in europe, to be able to get the not completely to get the us not completely with defence, disengaged with defence, defence the european defence of the european engagement in nato. that would

be very significant. yael alwa s be very significant. yael - always - to l be very significant. yael. - always - to talk be very significant. yael- - always - to talk to selfin, always good to talk to you, yael selfin with the details on what we may expect meeting 7 meeting that gets in from that meeting that gets in about an hour or so from now. an emergency runway. was holding the uk back. you know, this is of course why britain struggled for britain has struggled for economic growth �* the britain has struggled for economic growth �*the last 15 economic growth for the last 15 or more years. gatwick is a economic growth for the last 15 or rr successful gatwick is a economic growth for the last 15 or rr successful airport, is a economic growth for the last 15 or rr successful airport, it a economic growth for the last 15 or rr successful airport, it is very successful airport, it is very successful airport, it is very close to its peak running ovary closets its'pr'e'"'*”""*””'*”"’ ’ it is running fiery close to its'peaeif'” " ” " it is world's capacity, it is the world's biggest single runway airport, so they have drawn everything they out of what have

they can out of what they have got and they need to got and they now need to if they can do that, it help businesses nearby will help businesses nearby which are reliant on that to get customers in, to airport to get customers in, to get clients into visit new customers, and adding it will boost growth. now, if you grew up in the �*90s, this might pokemon is 29 years old. with everything from trading cards to video games, blockbuster movies to soft toys. caught up with the pokemon boss. was ground—breaking, because it allowed users with your friends and other players. so it wasn't an introverted activity. it became a tool to actively communicate with others. and their fans also grew

you recently sued the maker of the hit survival we've been fighting fakes since the beginning. the more popular pokemon became, the worse the problem. but that's not their only challenge. where they sell toys, stationery, cards, you name it. which he bought for

more than $5 million. their value goes up. to us, the true value of pokemon is to play, and the pokemon company is the only one hello kitty is one of the characters for sanrio, and super mario is one of the characters for nintendo. if we go public, we have to focus on growing our to do when the popularity of pokemon dies down?" and our answer will be, "we'll go bust when pokemon is no longer popular." i've got some questions from my kids, who are big pokemon fans. there have been some

controversies over that's the hardest question you asked today! and his partner pikachu is right next to him. in other news: operating profits rose 55% last year on strong demand for itsjet engines. education or training — so—called neets — at the end of last year than at any point in the past 11 years. the latest office for

national statistics figures more those stories on the website, stay with me the website, stay with me on the bbc news. see you soon.