we bring you today s market moving news from around the world. our bloomberg voices are on the ground with this morning s 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 welc
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“200 years ago? It was measured in days. 100 years ago? It was measured in hours. And now it's in minutes or seconds,” House Financial Services Chair Patrick McHenry said.