Sen. Elizabeth Warren (D-Mass.), responding to Trump's cancellation of a housing bill signing ceremony, said Trump has made clear he is not concerned about higher spending.

According to Yonhap News Agency, two ships, including a very large crude carrier operated by South Korea's HMM, have left the Strait of Hormuz.

Domestic News: 1. The 23rd session of the 14th National People's Congress Standing Committee held a joint meeting to review the State Council's report on the construction of a unified national market and conducted a special inquiry. 2. The People's Bank of China: Conducted 500 billion yuan of Medium-term Lending Facility (MLF) operations with a fixed quantity, interest rate bidding, and multiple price levels, with a term of one year. 3. The General Offices of five departments, including the Ministry of Industry and Information Technology, launched a pilot program for independent 5G private networks in the industrial sector. 4. Seven departments, including the Ministry of Commerce, formulated the "Special Action Plan for Rectifying Illegal Recycling and Dismantling of End-of-Life Motor Vehicles." 5. The Ministry of Commerce: Further improved the handling of reports of illegal and irregular export controls on dual-use strategic minerals. 6. The Ministry of Commerce released the "Measures for Investigation of Industrial Chain and Supply Chain Security." International News: 1. US Treasury Secretary Bessenter reiterated the dominance of the US dollar and praised Warsh for eliminating forward guidance. 2. Reports indicate that TSMC will raise prices across its advanced process foundry business. 3. SK Hynix plans to raise over $29 billion through a Nasdaq listing. 4. Samsung responds to nearly $60 billion share buyback plan: Under consideration, details not yet finalized. 5. US Q1 current account deficit widens, goods trade deficit narrows but primary income turns into deficit. 6. Russia reportedly seeks 50,000 tons of gasoline from Kazakhstan to alleviate domestic fuel shortages. 7. Gold, silver, and oil all fall – ① Spot gold falls below $4,000 for the first time since November last year; ② Spot silver falls below $60 for the first time since December last year; ③ Brent crude falls below $75 for the first time since the outbreak of the Iranian conflict; ④ WTI crude futures fall below $70 for the first time since March 4; ⑤ Brent crude near-month price spread turns into a futures premium for the first time since February. 8. Middle East situation – ① Israeli Defense Minister: Even if the US makes a request, we will not withdraw troops from southern Lebanon. ② Iranian Foreign Ministry: There are currently no plans to allow the International Atomic Energy Agency to inspect nuclear facilities. ③ Trump: Iran has informed the United States that it does not charge transit fees in the Strait of Hormuz. ④ Sources familiar with the matter revealed that Gulf states will push for the elimination of transit fees in the strait. However, it is expected that Iran will propose levying environmental, navigation, and security safeguards fees.