The banking system. The banking system. And as the bbc s and as the bbc s Michelle Fleury reports, it could face even more tense relations with the us depending on who wins the race for the White House. When the measures were first announced back in may, the White House said it was in response to chinas unfair Trade Practices and to protect us jobs. At the time the chinese said they opposed the hikes and would retaliate. Analysts said the tariffs, which include a 100 duty on electric vehicles made in china, well, that they are largely symbolic, especially since chinese evs are not currently sold in the united states. As well as a rise on ev tariffs, levies on solar cells will increase to 50 , while rates on Steel And Aluminium products will more than triple to 25 . Tariff hikes on other products, including semiconductor chips, are set to take into effect over the next two years. The increases, which impact a relatively small amount of us imports, come as Vice President Kamala Harris an
All the sport katie shanahan. Hello, simon. Arsenal and everton are edging closer to appointing their new managers. Arsenal are in talks with their former captain, mikel arteta. While everton are hoping to secure their number one target, Carlo Anchelotti. Thanks, katie. And darren has all the weather. Thanks very much. Good afternoon. Our weather is a fairly quiet right now, more overnight frost tonight and fog around, too. On the other side of the atlantic the weather has much more energy, some storm damage to look at in the United States later in the programme. Thanks, darren. Also coming up and how pop star Ellie Goulding came to the aid of a driver being shunted sideways by a lorry. Hello, everyone this is afternoon live im simon mccoy. He boris he johnson has held his first Cabinet Meeting borisjohnson has held his first Cabinet Meeting since his election victory and promised to pass a law ruling out any extension to the Brexit Process beyond the end of next year. The uk is schedu
good afternoon and welcome to the bbc news at one. energy bills for businesses are to be cut by about half their predicted level, in a package of measures unveiled by the government. the wholesale cost of gas and electricity is to be capped for non domestic customers from first octoberfor six months in an attempt to stop companies from going bust. hospitals, schools and places like community halls and churches will also receive the support. industry groups welcomed the package though warned that further support may be needed after the winter. our business correspondent emma simpson has more. meet emma simpson has more. a pub owner, trying to s his meet a pub owner, trying to serve his customers and wondering how to keep the lights on. sean was facing a £170,000 increase in energy costs. he is relieved the government has given him a big helping hand. we are very pleased given him a big helping hand. we are very pleased to given him a big helping hand. we are very plea
at the un by president biden. a brutal, needless war, a war chosen by one man, to be blunt. let me speak plainly. a permanent member of the united nations security council invaded its neighbour. an ongoing crisis in maternity care. the royal college of midwives warns that new research shows many units in england don t always meet safety standards. a £200,000 reward has been offered in the search for the gunman who killed nine year old 0livia pratt korbel in liverpool. police have identified two guns used in the shooting, including a .38 revolver which killed 0livia. and the 20 time grand slam champion roger federer tells the bbc he wants to stay involved with tennis, after he retires this week. i love this game and i want to stay involved in some shape or form. and i won tjust be a ghost or a stranger and not be around any more. hello and a very good evening. energy bills for businesses are to be cut by about half their predicted level, in a package of measures unveiled by t
Tom good morning. This is bloomberg daybreak europe, im Tom Mackenzie in london. Stocks in asia slide following a sluggish u. S. Session. The dollar rallies and the yen drops. Minneapolis fed president Neel Kashkari says rates will likely be on hold for an extended period. The Israeli Military edges further into rafah. Buys a biden pauses shipment of bombs to israel on fears the idf could deploy them in the densely populated city. Xi jinping welcomed with open arms in serbia. The chinese president looking to bolster support in eastern europe. From geopolitics to the earnings story and the lines from the brewer ab inbev with a beat in the First Quarter in terms of organic earnings, up 5. 4 percent, an increase versus the estimates of 2. 75 , so in terms of organic adjusted ebitda, a solid beat in the First Quarter for ab inbev, the brewer of budweiser and bud light. In terms of the margin story, also a beat in the First Quarter for ab inbev with adjusted margins coming in at 34. 3 perce