Good morning! Here's what you need to know on Wednesday. 1. The Trump administration on Tuesday released its initial list of Chinese products that will be subject to roughly $50 billion in new tariffs, taking the next step toward a crackdown that experts fear will trigger a trade war. US Trade Representative Robert Lighthizer unveiled the list, which includes a wide array of products including raw materials, construction machinery, agricultural equipment, electronics, medical devices, and consumer goods. 2. US stocks rebounded on Tuesday as investors shook off a recent tech selloff and trade war anxieties.