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Good morning!

Welcome to Business Live and what is already a busy day of breaking news.

China has hit back against the US over its plans to introduce 10% tariffs on $200bn (£150bn) worth of additional products.

China just happens to be undergoing a trade policy review at the World Trade Organisation on Wednesday so the timing couldn't be better.

Meanwhile, Uber's chief people officer - or human resources boss - Liane Hornsey has resigned, following an investigation into how she handled allegations of racial discrimination at the ride-hailing firm.

As always, we'd love to hear from you. Email us your thoughts at bizlivepage@bbc.co.uk

Uber HR boss thinking about leaving 'for a while'

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More on that top level resignation at Uber.

Liane Hornsey, who was the chief people officer at the ride-sharing app for just 18 months, acknowledged in an email seen by Reuters that her exit "comes a little out of the blue for some of you, but I have been thinking about this for a while".

Chief executive Dara Khosrowshahi praised her as "incredibly talented, creative, and hard-working."

Uber deal in the offing?

Uber app

Fresh from having managed to win back its London operating licence, Uber is reported to be in early stage talks about a deal with rival Careem.

The Financial Times says the deal could include taking a majority stake in Careem's Middle Eastern rival or acquiring the ride-hailing company outright.

Based in Dubai, Careem is a rival to Uber and has developed a strong presence in the Middle East, North Africa and Pakistan.

Uber 'pleased' with ban overturn

Tom Elvidge, Uber's UK general manager, said: "We are pleased with today's decision. We will continue to work with TfL to address their concerns and earn their trust, while providing the best possible service for our customers."

Mayor 'vindicated' by Uber 'probationary licence'

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The Mayor of London, Sadiq Khan, said: “I fully supported Transport for London’s decision not to renew Uber’s operating licence last September - I believe everyone must play by the same rules, no matter how big or powerful they are.

“After years of operating poorly in London, Uber has now accepted that TfL’s action in refusing to renew their licence was totally justified. Today our stance has been vindicated by the court.

“Uber has been put on probation – their 15-month licence has a clear set of conditions that TfL will thoroughly monitor and enforce."

Assembly members 'to keep close eye' on Uber

Caroline Pidgeon is chair of the London Assembly Member's Transport Committee.

In reaction to today's decision to overturn Uber's ban on operating in London, she said: “Court action has forced Uber to improve its working practices and Transport for London needs to make sure that the conditions of the licence renewal are strongly enforced.

“The London Assembly welcomed Transport for London’s decision in 2017 not to renew Uber’s licence as we were very concerned about its working practices and safety record.

“The safety of Londoners must come first and we will be keeping a close eye on the way Uber operates.

“All operators need to play by the same rules so there is a level playing field.”