- Reuters
Explainer-How hard will new Biden tariffs hit China?
U.S. President Joe Biden is set to announce new China tariffs as soon as Tuesday, targeting sectors including electric vehicles, medical supplies and solar equipment, according to people familiar with the matter. The expected move by the Biden administration comes ahead of the November presidential election. Biden, a Democrat seeking re-election, has taken a tough-on-China approach that would maintain existing tariffs on many Chinese goods set by former President Donald Trump, his expected Republican challenger.
- Yahoo Finance UK
Trending tickers: Alibaba, Bitcoin, SoftBank and Diploma
The latest investor updates on stocks that are trending on Monday.
- Evening Standard
Asda to enter London property market with huge housing development plan
Asda today became the latest supermarket to enter the London property market after unveiling plans for a huge 1500 home development in Park Royal. The plans, which were put together in partnership with housebuilder Barratt, will feature a series of high-rise tower blocks sat on top of a new 60,000 square foot flagship Asda Superstore and up to 400 car parking spaces. It follows a similar move by John Lewis in 2022, with the retailer submitting plans to build a 24-storey tower on top of its Waitrose shop in Bromley, alongside a nineteen-storey block to provide 353 new homes.
