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According to Jinse, U.S. President Trump signed an executive order to mitigate the impact of auto tariffs, making concessions after weeks of intensive lobbying by automakers, parts suppliers, and car dealers. The industry had warned that exorbitant tariffs might increase car prices, lead to factory shutdowns, and cause unemployment. Under the executive order signed aboard Air Force One, imported cars will be exempt from additional aluminum and steel tariffs to avoid the cumulative effect of overlapping tariffs. A senior official from the U.S. Department of Commerce stated that the White House will also adjust a 25% tariff on auto parts originally set to take effect on May 3, allowing car companies manufacturing and selling vehicles in the U.S. to apply for a tariff deduction of up to 3.75% (25%X15%) of the vehicle's value. This deduction will decrease to a maximum of 2.5% (25%X10%) after one year and will be eliminated the following year. The policy applies to cars produced after April 3. Although the latest adjustments will somewhat alleviate cost pressures on automakers, parts suppliers, and dealers, it remains challenging to determine the actual financial relief. The entire industry is still dealing with a 25% tariff on imported cars, which could significantly increase industry costs and exacerbate supply chain pressures.

According to Foresight News, PumpBTC has announced that its airdrop claim window will close on April 30, reminding eligible users to complete their claims in time.

According to a report by Foresight News, documents submitted by Nasdaq to the SEC reveal that Nasdaq intends to list and trade the 21Shares Dogecoin ETF under Rule 5711(d). The trust is managed by 21Shares US LLC, with Coinbase Custody serving as the custodian for Dogecoin assets, tracking the DOGE-USD settlement price index published by CF Benchmarks. The ETF will only allow for cash subscriptions and redemptions, with each basket consisting of 10,000 shares. The trust does not use leverage or derivatives and does not engage in staking or yield generation.

Jinse reports that U.S. Treasury Secretary Besant hopes to sign, seal, and implement the tax reform bill before July 4th. We are analyzing the 15% tax rate level for U.S. companies.

According to Jinse, the offshore RMB (CNH) against the US dollar was at 7.2679 yuan at 04:59 Beijing time, rising 167 points compared to Monday's New York close, with intra-day trading ranging between 7.2887 and 7.2566 yuan.

According to Jinse, Trump Media & Technology Group (DJT.O) stated: Looking ahead, we will evaluate various methods for monetizing the "TRUTH+" platform. In the near future, there are plans to offer premium features for users of the "TRUTH Social Platform" streaming service.

According to Jinse, on Tuesday, Walmart (WMT.N), the world's largest retailer, rejected the idea of listing costs related to Trump's tariffs next to product prices. This was in response to Amazon's plan to implement such measures, which sparked anger from the White House, denouncing it as "hostile political behavior." An Amazon spokesperson later clarified that Haul, Amazon's discount shopping site, "considered the idea," but "it was never approved and will not happen." A Walmart spokesperson stated, "We will not itemize product costs on our website." The spokesperson also mentioned that despite the uncertainty of Trump's aggressive tariffs, Walmart is "working to keep as many product prices as low as possible." Walmart's Chief Financial Officer said earlier this month that over two-thirds of the products sold in Walmart's U.S. stores are "made or assembled" in America.

According to a report by Jinse, Fidelity Digital Assets states that multiple Ethereum on-chain indicators suggest ETH is “trading below its value.” The report highlights that the MVRV Z-Score dropped to -0.18 on March 9, entering the "undervalued" region, indicating that Ethereum “appears cheap”; NUPL also fell to 0, indicating the market is in a "capitulation" state. Additionally, ETH's realized price is $2,020, which is 10% higher than the current price. The ETH/BTC market cap ratio has dropped to mid-2020 levels. Meanwhile, active addresses on Ethereum Layer-2 have reached 13.6 million, a record high, indicating its scalability and adoption rate continue to rise.

According to Jinse, U.S. President Trump stated: If my tax cut proposal fails to pass, Democrats on Capitol Hill will be blamed.