Nathan Hager

there yet.

Morgan Stanley, CIO Jim Caron was on Bloomberg surveillance.

And right now, the two year Treasury yield is down more than three basis points to three point four two percent.

Shares of Alibaba traded in the U.S.

are down 3% at the open.

The Chinese e-commerce giant was just added to the Pentagon's list of firms tied to the Chinese military.

We get more from Bloomberg Tech anchor Caroline Hyde.

Bloomberg's Caroline Hyde reports other Chinese firms including Baidu, Huawei Technologies and EV makers BYD and NIO were also added to the Pentagon list.

Baidu and NIO shares traded in the U.S.

are lower as well.

The White House may be thinking of narrowing its broad tariffs on steel and aluminum.

Bloomberg News has learned the U.S.

Trade Representative's office is scrambling to make changes after the European Union complained about 50 percent duties on the metals.

And companies ran into their own issues calculating the tariffs on products that contain the metals.

Bloomberg Global Trade Editor Brendan Murray has more.

Bloomberg's Brendan Murray reporting.

Treasury Secretary Scott Besson told CNBC this morning that any changes would be incidental and that President Trump would make the final decision.

Secretary Besson also said there may be a deal in the Senate to hold confirmation hearings for Fed Chair nominee Kevin Warsh, even with Republican Senator Tom Tillis threatening to delay the vote.

until the investigations into current chair Jay Powell and Fed Governor Lisa Cook are resolved.

We got a response from Senator Tillis.