Liverpool are through to the Uefa Champions League final after they beat barcelona 4 0 in the second leg of the semi final at anfield. Now on bbc news, live to singapore for Asia Business report. Trade wars slide, asian stock markets follow the us, lower ear to after Donald Trumps brate to impose after Donald Trumps brate to impose a fresh round of tariffs on chinese exports. Google that. The latest from the tech giants annual developer conference as it unveils new devices and software. Good morning, asia, hello, world. Its wednesday. Glad you could join us its wednesday. Glad you could join us for another exciting mid week addition of Asia Business report. Im rico hizon. We start of the australian us china trade wall. Asian stock markets have taken their cue from the us, sliding again after Donald Trumps unexpected threat to impose new tariffs on china. The us president vowed to more than double ta riffs president vowed to more than double tariffs on 200 billion dollars us worth of chinese goods this friday amid claims that beijing is trying to backtrack on a deal. In the us, the dowjones to backtrack on a deal. In the us, the Dow Jones Industrial average to backtrack on a deal. In the us, the dowjones industrial average had its worst day since january third, while the other main indices also fell sharply. Samira hussain has the latest from new york. The last two days have been really rocky on us Financial Markets. On tuesday, the dow jones rocky on us Financial Markets. On tuesday, the dowjones closed at its lowest level since the end of march. And it is a real sign that investors are worried about the prospects of a deal between the United States and china. A trade delegation, including chinas Vice President , liu he, will be in washington this week for negotiations, which is good. But they come as President Trump threatens to dramatically increase duties on chinese imports. Remember, a few weeks ago the white house was expressing a lot of optimism that the two largest economies were close to signing a deal and markets were really lulled into believing that that would be the case. So all of this uncertainty has really taken Financial Markets by surprise. Samira hussain in new york. As china battles the United States over trade, it is also continuing with its so called belt and road initiative. The ambitious Infrastructure Project aims to boost economic integration across asia, the middle east, africa, and europe, via a massive transport network, more than 130 inch countries have signed up so far, including the likes of italy. Some commentators have raised concerns that it could be away for the wells they economy to expand the reach of its military power. I asked jerry madero from a Financial Data company whether those fears are well founded. Financial data company whether those fears are wellfounded. Think its primary core it is a business for prosperity, for building trade and infrastructure. The Asia Development bank is already quoted at 1. 5 trillion worth of infrastructure funding, it is a gapjust in asia. This is a real demand to build prosperity across the region. There is already an incredible amount of International Interest in putting real money to work. Let us look at the risk rewards for of these asian economies that have participated in this belt and road initiative. What are the risks was gelai was lucky enough to be of the belt and road forum hosted by president xi in beijing. One of the things that came through clearly was the maturity of discussion around the debt burden and how countries along the belt and road need to make sure it is sustainable for them so that the debt they are taking on is not going to cripple them. That goes alongside the sustainability of green finance and Green Investment along the belt and Green Investment along the belt and road. This consciousness is definitely building. The awareness for the countries as well as china and the other funders is very much. From what youre saying you seem much. From what youre saying you seem very much. From what youre saying you seem very sold on this belt and road initiative. What about the security . There are a lot of issues about the chinese wanting to dominate the internet infrastructure and, of course, you have donald trump trying to negate this by putting a stop to the growing trade imbalance in the world. We should look at the belt and road initiative, a perspective of data. If you look at what is going on in the building up of infrastructure we need to think about transparency and building up its practices and standards. Are the chinese really that transparent . They are working on transposing. There is a need to have Public Finance alongside private finance. The only way to do that is to build up the only way to do that is to build up transparency, the data, what is happening, we are seeing over 2500 projects looking at given types of infrastructure which is over 3. 7 trillion with the value that is attributed to projects along the belt and road. It is very real. M is belt and road. It is very reatm is looking like it is shaping asias investment landscape. There are 130 countries who have signed up to the belt and road. It is notjust an asia initiative. It is trying to drive prosperity worldwide. We need to be careful. We need to think about how things are bankable and maintain their sustainability in terms of not damaging the environment. There is a road maturity in terms of the discussion around belt and road which iphone very encouraging. Sherry madero that which iphone. It will hit the tomato industry with import tariffs after the two countries failed to reach a deal. Mexico, the largest exporter of the salad ingredient, called the 17. 5 duty very disappointing and said it is likely to cause the industry 350 million per year. In other business news, Ride Hailing Company lift has sent cost to its stock listing that pushed it into the red. It lost on . 4 billion in the red. It lost on . 4 billion in the first half of the year, primarily due to stock based compensation. The announcement comes ahead of larger rival linebreaks release on friday. The xbox gaming console is all digital and no longer has a disk drive. Gamers will need to subscribe toa drive. Gamers will need to subscribe to a monthly package. Some have voiced concerns after the company said it would raise concerns of the xbox live gold subscription. They asked why it has taken so long to shift to the cloud. I think what were seeing is that the console industry looking more and more like the mobile gaming industry which is basically either all one time payments or recurring payments, which is the direction that the industry generally wants to move to. Wadeye really want to buy an xbox game console and pay a Monthly Subscription when icann pay my games on my pc for free . I think that is a fair point. Think what we are seeing is that there are people who want a 4k experience when they are at home in front of the television set, then monitor. And they want to play like that when they are at home and then play on a mobile device when they are outside the home and have a sea mless are outside the home and have a seamless experience. I think that is what the ultimate objective is within your product. At this point it seems like microsoft wants this subscription model to be working, which has worked very well with the likes of netflix and similar companies. So, overall, with this really work for games was yellow i think it eventually will. I think we are looking at a future in the next few years we wont have any consoles. Everything will be in the cloud, everything will be seamless. I think we will see more and more talk about 5g in gaming, which means basically zero latency. All these things are going to massively disrupt the industry and we may even senior players like google and amazon on, thats another wildcard in the gaming industry. Would gamers wa nt to in the gaming industry. Would gamers want to buy the xbox console today 01 want to buy the xbox console today or will they wait until maybe christmas when there are cut back prices . Here, i think christmas when there are cut back prices . Here, ithink the christmas when there are cut back prices . Here, i think the Christmas Holiday in the us is really the bellwether. I think the price needs to come down below 200 to make it very attractive for parents. I think for that one will have to wait and see. Take analyst joining us from tokyo. Google has released two devices. A cheaper version of the pixel smart phone and a revamped home hub device. As ever, they use the occasion to show off significant softwa re the occasion to show off Significant Software updates, most using machine learning. Dave lee has the details from the event near googles headquarters in mountain view, california. What is most impressive about what google unveiled during the keynote was that many of the new features work locally on the device. They not sending data back and forth to google s servers. That is a big win, because it can do some assurances that their data will not leave the device and be unveiled later down the line. There were contradictions in other parts of the announcement. They have been saying for some time they want to help us use our screens for some time they want to help us use oui screens less for some time they want to help us use our screens less and not be distracted. They unveiled some tools to help with out here. However, at the same time, they launched a new features they will have and will be looking more intently at our phones and other devices more than ever before. Im privacy there has been something of a flip flop. Seven months ago they launched their home hub, a screen to go in the home to control all of your smart home features. At the time they said they would not be a camera on the device because they wanted people to feel co mforta ble because they wanted people to feel comfortable in the privacy of their own home. They have now rebranded the device, they have called it the nest hub max. And it has a camera. Dave lee, bbc news. With that we in this edition of Asia Business report. Sport today is coming up next. We entered this addition. This is bbc news. The top stories this hour doubts about us china trade talks have been sending Financial Markets sharply downwards again. But chinese vice premier is heading to the us for talks. Two reuters journalists, jailed in myanmar after reporting on a massacre of Rohingya Muslims by the military, have been freed under a president ial amnesty. Wa lone and kyaw soe oo say they now want to get back to work. A woman whose parents died when she was nine years old, as a result of contaminated blood, has told a Public Inquiry that her life was shattered by the loss. Lauren palmers father had been given infected blood products for his severe haemophilia. He passed the virus to her mother. Our Health Correspondent Sophie Hutchinson reports. Lauren palmer, born in 1983, a Christmas Day baby the local newspaper took this picture of her with her mother and father. Butjust nine years later, both her parents died of aids. I do solemnly, sincerely and truly. Today she told the inquiry how their family life had been devastated. These were herfathers medical records a severe haemophiliac treated with the infected blood product factor viii, he had caught hepatitis and hiv. She explained how her mother, whom she adored, had in turn been infected with hiv. The illness made herfather violent and her mother turned to drink. I literally would follow her around the house like a little shadow, she was literally everything to me, and then to see and watch her suddenly become this different person and be intoxicated around me, there were often times when i was. Very scared. In 1993, when lauren was just nine years old, both her parents were admitted to hospital in oxford. They died within eight days of each other. The inquiry heard of her heartache that she and her brothers were then sent to live in separate homes. Not only did i lose my parents, i lost my brothers, who were the next closest thing to me. And it would rip me apart every time i would go visit them and have to come back. It estimated 35,000 nhs patients were given hiv and hepatitis after being treated with infected blood in the 70s and 80s. The inquiry is examining why this was allowed to happen, with a sometimes catastrophic impact on families like laurens. Sophie hutchinson, bbc news. There is much more on that enquiry on our website. Michael beer here at two oclock. Now on bbc news, sport today. Hello. This is sport today live from the bbc sport centre. Coming up on this programme on an incredible night at anfield, liverpool qualify for the Champions League final by putting four past barcelona. Kim shin wooks first half strike helps jeonbuk motors to a spot in the knockout stages of the asian Champions League. And Roger Federer needs less than an hour to ease past Richard Gasquet in madrid his first clay court match for three years. Hello and welcome to the programme where we start with the astonishing news that liverpool have overturned a 3 0 first leg deficit against barcelona to win 4 0 at anfield and qualify for the Champions League final. Against all the oddsjurgen klopps side became the first team to overturn a three goal deficit in a Champions League semi final and watching was our Sports Editor dan roan. One of the features of the season in the premier league and here is their resilience and they dug deeper than ever before to score the winner. Quick thinking taking advantage of barcelona going to sleep on a set play and