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Shelter us until the violent storms are passed. Let your glory shine on your lawmakers. May their thoughts, words, and deeds prompt people to glorify you. Inspire our senators to place their confidence completely in you. Eternal god, you are our salvation. We will trust and not be afraid, for you are our strength and song. We pray in your loving name. Amen. The presiding officer please join me in the pledge. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding officer the clerk will read a communication to the senate. The clerk washington d. C. , january 7, 2020. To the senate under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable cindy hydesmith a senator from the state of mississippi, to perform the duties of the chair. Signed chuck grassl ....
We bring you todays market moving news from around the world. Our bloomberg voices are on the ground with this mornings top stories. We want to begin with china. The government has agreed to cut import tariffs on a wide range. F goods joining us is stephen engle. Break down what we know about the tariffs, why now, etc. Stephen this comes fresh after a trade one agreement a phase one trade agreement. A gesture, yes, to show its lowering trade barriers, but it also wants to spur domestic spending for those 859 products he mentioned, from smartphone parts to food, in particular, frozen pork. All of these products will enjoy lower tariffs, and it comes as china hosts a critical trilateral summit this week that has already kicked off in beijing between china and japan. South korea will also take part. Trade, territorial disputes, military maneuverings, of course, exacerbated by north thoses posturing, and all historical animosities still persist. So those talks should be welcome. Been korea ....
Timeline solidified for putting the max back into air, and get everything going again. Guy why now . Why not later, and why not earlier . George this is sort of the season where you see some of these changes happen. It seems like it was a little earlier than we thought it would happen. I personally think the faa timeline we got a couple weeks the pushing things into earliest midfebruary to get the max back into fleet, i think that had something to do with it. I think the star liner might have accelerated some of this. I think the star liner makes boeing look bad. It makes it look like things arent getting executed correctly at the company. Maybe that accelerated the change. Guy does this excel or at the process of getting the 737 max back into the air, though . George i dont think it shortens it at all. The risk we had is without boeing working for the faa, you extended that timeline, and i think they dont want to extend that timeline. To have a new face in the ceos chair and approache ....
And warning of a potential war with iran. The growing Security Threat at home and around the world. New york deploying heavily armed police units, warning the city could be a prime target for an attack. American troops on alert to protect the u. S. Embassy in beirut. Ian pannell there on the ground. Tonights other major headlines the Bank Standoff as we come on the air. Authorities say a gunman holding at least one hostage inside. Heavily armed officers on the scene. The deadly stabbing spree in an american city. One person killed, and several victims rushed to the hospital. The powerful line of storms stretching 1,500 miles, from the gulf coast to new england. Rob marciano with the track. Good evening. Thanks for joining us. Im whit johnson, in for david tonight. As we come on, President Trump has now addressed the nat ....