PANews reported on March 5 that according to Jinshi, U.S. Commerce Secretary Lutnick said that the tariff plan on April 2 will be implemented as planned, some reciprocal tariffs will take effect immediately, and the rest will be gradually implemented within a few months. At the same time, it is expected that the U.S.-Mexico-Canada Agreement (USMCA) will be renegotiated in 2026. The Trump administration is evaluating tariffs on Canada and Mexico, and some areas may be exempted. The relevant announcement is expected to be released later today. He emphasized that the current economic data is a legacy of the Biden administration, and Trump is working hard to repair the economy and promote stock market and economic growth. In addition, Apple (AAPL), Oracle (ORCL), TSMC (TSM), Softbank and other companies have recently announced new (investment) plans. Trump is expected to meet with Canadian Prime Minister Trudeau today to discuss trade and economic issues.

He also said that if we achieve a balanced budget, interest rates will be cut significantly.