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A port in Lianyungang, Jiangsu Province, China on Dec. 4. Photo: Wang Chun/VCG via Getty Images

China is lowering import tariffs on more than 850 products, the country's finance ministry said in a statement Sunday night.

Driving the news: Goods to benefit from the Jan. 1 tariffs cuts include medication, tech and frozen pork — which could help China's meat shortages, driven by swine fever swine fever, Bloomberg reports.

The big picture: The U.S. and China agreed on Dec. 13 to a "phase one" trade deal, which averted a new round of tariffs scheduled to come into effect on Dec. 15, and a Chinese official said that the U.S. would reduce its tariffs on Chinese goods in stages.

Between the lines: Sunday's tariffs reduction is not directly linked to the U.S.-China trade war, but Bloomberg notes "it supports Beijing’s claim to be further opening its economy as it pursues a deal with the Trump administration."

Go deeper: Pork industry wants to cash in on "phase one" U.S.-China trade deal

Go deeper

Cyberattack forces shutdown of major U.S. fuel pipeline

A police officer stands guard inside the gate to the Colonial Pipeline Co. Pelham junction and tank farm in Pelham, Alabama, in 2016. Photo: Luke Sharrett/Bloomberg via Getty Images

A major U.S. fuel pipeline running from Texas to New York has been taken offline by its operator because of an apparent cyberattack.

The big picture: Colonial Pipeline "carries 45 percent of the East Coast’s fuel supplies," the N.Y. Times reports.

Bryan Walsh, author of Future
1 hour ago - Health

The end of quarantine

Illustration: Annelise Capossela/Axios

Long quarantines were a necessary tool to slow the COVID-19 pandemic during its first phases, but better and faster tests — plus vaccines — mean they can be scaled back considerably.

Why it matters: Quick tests and regular surveillance methods that identify who is actually infectious can take the place of the two-week or longer isolation periods that have been common for travelers and people who might have been exposed to the virus, speeding the safe reopening of schools and workplaces.

Amazon rollups are the hottest deals

Illustration: Aïda Amer/Axios

A new generation of companies is forming to scoop up Amazon marketplace sellers — and venture capital firms are writing big checks to support the effort.

Why it matters: These e-commerce aggregators are all about data and using it to optimize and turbocharge sales, which means they’re using Amazon’s own playbook.

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