ago befororea month a truce in the u.s. china trade war expires. trump has threatened to double tariffs on chinese imports. trade and development agency says ththat could trigger an economic downturn. >> washington and beijing stand to lose if the tariffs move goes into effect. it may be the european union that stands to gain. eu will capture 70 billion of the u.s. china trade. japan, mexico, and canada capture over 20 million each. >> u.s. and china imposed 360 million dollars. unless they reach an agreement by march, tariffs jumped to 25 with the threat more sectors could be hit. that, the overall effect is negative. particularly should the trade spat boil over. >> what is happening on the markets? and oil companies among the main gainers. the currency market, things are quiet. under 88 penence sterling,g, no great movement on the currencies. british government has approved the extradition of the former owner of kingfisher beer is facing fraud charges. he left after his empire collapsed and he default on debt worth more than 800 million euros. he