We start in washington where in the next few hours President Trump is due to meet chinas chief negotiator vice premier liu he to try and negotiate an end to the trade war that has rattled the global economy. Or at least, to stop it escalating any further. The us and china have threatened to hit yet more of each others goods with import taxes or tariffs starting next week. Without a deal by mid december almost all chinese goods imported into the us, well over half a trillion dollars worth a year will have been hit by punitive taxes. That would mean much higher prices for the thousands of consumer goods made in china even us brands like iphones in the run up to the key christmas period. It would also mean big taxes on the vast majority of us goods imported into china some 110 billion worth, to give you an idea of how this impacts businesses. Two years ago the average tax on chinese goods going into the us was 3 . By mid december it would be this, 24 foreign goods going into china are taxed an average of 6. 7 . But if the trade war continues American Goods going into china would face average import taxes of this 26 . Heres Vivienne Nunis in new york. Lets hear from ray jian Portfolio Manager all eyes in the white house between the meeting and present trump and chinas lead negotiator. He is a harvard trained economist and a close confidant of president xi jinping. The chinese use agency says that beijing is ready to reach a deal or of these prevent the trade we re deal or of these prevent the trade were from escalating any further. There is much as stayed, those countries have spent billions of dollars worth of tariffs worth of imports and the us is going to increase terrace on certain chinese goodsin increase terrace on certain chinese goods injust four increase terrace on certain chinese goods in just four days time. A very goods in just four days time. A very good negotiate with china, they will be speaking later but they are going to try basically wrapping it up but were going to see them tomorrow right here and its going very well. Investors have been optimistic. Us markets closed higher, buoyed by the news of the meeting. Washington blacklisted 28 Chinese Companies over the allegations their persecution in western china, its ha rd to persecution in western china, its hard to anticipate how this will play out. Lets hear from ray jian Portfolio Manager at Amundi Asset Management what didnt think likelihood is of a breakthrough and avoidance of escalation is . Its very likely to have a avoidance of escalation tariff, mostly because if you think about it both sides have a lot to lose. Especially the consumer, the next layer of tariffs, so im china side, the economy is slowing, there is pressure to stop the first escalation in trade survey over this isi escalation in trade survey over this is i will say 60 . In terms of what they can regard as a win on this to us . They need to go back to their respective sides and be able to sell what they have agreed as a victory. What do you think each of them will be the into secure as a victory . The most important element in any ceasefire is the content. You have to have a significant amount of commitment from china. In terms about badges us things, secondly, i think that china has to make some verbal commitment of property, and the us side i think is essentialfor making fracture make a commitment to not make a high tariff in the vision, and to have relief. In terms of individualised advantage for the us. In terms of the impact of the ta riffs us. In terms of the impact of the tariffs are increased, who think they would have . I think if you. Theres a lot of tariffs prevent chinese goods, if you look into the ta riffs chinese goods, if you look into the tariffs for the next round, its going to start hitting both sides because you know you have a lot of consumer on the next tablets, both to show both sides feel the pleasure. Many thanks. Lets move to india now where Prime MinisterNarendra Modi is hosting chinese president xi jinping this weekend. Both nations with vast populations and slowing economies they have both found themselves at the wrong end of the America First policy. Jagdip cheema reports. The economists have of the greatest Success Stories of the past decade but there slowing down. The three months between april and june, the Economy Group is it is slower space in six years, during the same. Chinas economy grew by 6. 2 , a growth rate does not experience since the early 1990s. But i suppose you talk about. The trade imbalance is one of the biggest blocks in taking the relationship forward. Because it is unsustainable, 50 billion plus. That you have usf at the breaks, part because of trade we re the breaks, part because of trade were because of the united states, beijing and washington are trained to fight at tariffs worth 470 million. Same deal for to fight at tariffs worth 470 million. Same dealfor new delhi in washington after trump removed india from a trading scheme. Both have their own domestic problems, and india people are not spending, and a china slowdown has been more gradual. 0ne china slowdown has been more gradual. One of the main reasons for the slowdown is a dead this one forever which has set the world s largest producer of pork. India and china are locked in a bodice and of antennas a high of beijings relations with pakistan. New delhi is also not too happy about chinas plan to expand trendy words in the region. But given the bow economies have their own problems the leaders they put aside their differences and try to eat together. The boss has been defending his decision to withdraw the app, this is after a storm of criticism of the tech giant. The transmitter was up lets go to our Asia Business hub where shara njit leyl is following the story. What want we know . Is right, its apple chief executive, his gone of the defensive as you say over the loss of concerns for a Front Companies are trying to appease china and its use Consumer Base by withdrawing absent during other things that help the hong kong protest. He defended the decision to remove the mapping up a live map in hong kong, they have received credible information from authorities on how the apples being used, maliciously to attack lease. The firm pulled from the saw after flip flopping that are rejecting or proving but the map still available, on the Google Play App store, in hong kong. Those who know google pulled out of the Chinese Market is good, it has removed and the mobile game, that people pretend to be heard, just like hong kong protest. They attempted to make money from conflict. The where they are among several Companies Navigating the democracy in hong kong. Now lets brief you on some other business stories. Britains Aerospace Firms have asked the uk government for reassurance it will remain aligned with key eu regulations after brexit. In a letter seen by the bbc they say continued membership of the European AviationSafety Agency and keeping eu rules on other areas such as chemicals are vital for their sector. There has been growing concern that existing commitments to keep certain eu rules have been dropped. Japanese carmaker nissan has warned that a no deal brexit could make its European Business model unsustainable. Its european boss told the bbc a 10 export tariff that would apply to its cars under World Trade Organisation rules would put its entire operations in jeopardy. Nissans new modeljuke is to be made at its uk plant in sunderland but two thirds of its components come from the eu with 70 of finished cars destined for export to europe dyson, the uk company best known for its vacuum cleaners, has scrapped a project to build electric cars. The firm, headed by inventor sirjames dyson, said its engineers had developed a fantastic electric car but that it was not commercially viable. He said the company had unsuccessfully tried to find a buyer for the project but facilities in the uk and singapore would now close. Up next newsbriefing well take you through ther stories making headlines in the global news. The bbc and the government need to find a way to save free tv licences for people over 75, according to a group of mps. The scheme comes to an end next year, and the Media Select Committee has criticised plans to only give free licenses to those claiming pension credit. David sillito reports. The decision to restrict free license fees for the over 75 server in pension credit has led to anger and protest. The process be the decision comes in for criticism. It is questioned and the committee has now converted the process at the richer Government Plus on the £740 billion cost is flawed. Then use perform in the weather be visiting some responsibility for the comp my concession and the government is office of the bbc has offered to pay for a third of the licenses but we should look at how fi for a third of the licenses but we should look at how f1 is paid and that cant be s track cost. He ta kes that cant be s track cost. He takes upon itself. You have to look at how the bbc commended money is investing by some money will come out of programming because theres nowhere else to come from. It is a new scheme is absurd considering the combination is a wealth of benefit. The next negotiation should be open and accountable. Bbc agrees. Meanwhile the governments as a free licence fees for everyone over 75 should continue in the publicity should continue in the publicity should pay budget as reports of the bbc kind of what it and the government may have to step in to help funded. For that story and more, breakfast is coming up at 6 00 with Naga Munchetty and charlie stayt. Theyll also be talking about vaping is it a safe alternative to smoking . This is the briefing from bbc news. The latest headlines the turkish offensive against kurdish fighters in North Eastern syria is continuing with more than 60,000 people now reported to be fleeing the danger. Two businessmen with ties to Rudy Giuliani are charged with violating Campaign Finance laws in the us. Now its time to look at the stories that are making the headlines in the media across the world we begin with the Financial Times the paper reports that there has been a big shift in sentiment on brexit, adding it has heard from a senior eu diplomat that the talks between mrjohnson and mr varadkar included a new and substantially different offer from mrjohnson on customs cooperation after brexit. The paper says there are hints that the pm may have been the one to make concessions. The telegraph also leads with the meeting between the two leaders and quotes from taoiseach varadkar, who says a deal can be reached by the 31 october deadline. The paper adds it has been told by a source that mr barnier will now assess whether enough progress had been made to justify the eu intensifying negotiations ahead of the eu summit next week. Meanwhile the arab news is leading with another of our big stories turkeyss assault on syria. The paper reports that World Leaders are calling for restraint but doha is now throwing its weight behind ankara. The japan times leads with super typhoon hagibis which is due to make landfall on saturday. The paper says the cancelling of two Rugby World Cup matches is unprecedented. Hagibis is predicted to be the biggest typhoon of the 2019 season and is expected to cause widespread disruption. And finally bbc 0nline are covering the story that the childrens show seasame street is to tackle drug addiction. Its introducing a new muppet character, called karli, whose mum is a recovering opioid addict. With me is kulveer ranger, Senior Vice President for strategy and communication at atos, the it services corporation. Good morning. The Financial Times, it says something that, as soon as there is one set of talks between there is one set of talks between the british and irish Prime Ministers and we get talk of maybe this could turn into a deal rather than, it is not good enough. A glimmer of hope. Yes. It