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Trump on US Q1 GDP Negative Growth: This is Biden's Stock Market, Tariff Policy Will Bring Prosperity

4 hours ago

On April 30th, Trump posted on social media to offer his comments on the negative growth of the US GDP in the first quarter. He said, "This is Biden's stock market, not mine. I didn't assume office until January 20th. The tariff policy is on the verge of achieving full effectiveness. Companies are returning to the US on a scale that has never been witnessed before. Our country is on the verge of experiencing prosperity. But first, we must eliminate the economic shadow left by Biden. This will take time - not related to the tariff policy. It's purely because he left a mess. However, when the economy takes off, its scale will be unprecedented. Be patient!!!"
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Affected by the Coinbase listing, Worldcoin (WLD) surged above $1.15

On May 1st, according to HTX market data, Worldcoin (WLD) rose above $1.15 and is currently trading at $1.154. It has witnessed a 5.39% increase in the past 24 hours due to the news of being listed on Coinbase.

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The US actively reached out to China through multiple channels, expressing a willingness to discuss tariffs, demonstrating eagerness to drive the negotiation process.

May 1st. It was learned from insiders that recently, the United States has taken the initiative to get in touch with China through various channels, hoping to hold negotiations with China on the tariff issue. Recently, U.S. President Trump and his trade team have frequently given hints that the United States is conducting economic and trade negotiations with China. International trade negotiation experts analyze that the more frequently the United States releases such information, the more it indicates its eagerness to promote negotiations. From a negotiation perspective, currently, the United States is undoubtedly the more anxious side. Currently, the Trump administration is facing multiple pressures. Firstly, there is economic pressure, and then there is public opinion pressure. Until the United States takes substantial actions, there is no need for China to negotiate with the United States. However, if the United States hopes to have interactions with China, there is no harm for Chi

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Coinbase to List Worldcoin (WLD)

On May 1st, Coinbase will commence the addition of support for Worldcoin (WLD) on the Optimism network. Provided that liquidity conditions are fulfilled, trading will initiate later on the same day. Once an adequate asset supply is established, the WLD-USD trading pair will be launched in a phased manner. One hour ago, earlier reports indicated that Coinbase had included Worldcoin (WLD) in its listing roadmap.

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Trump Calls on Congress to Pass Largest Tax Cut in U.S. History, Says It Will Lead to Short-Term GDP Growth of 3.3 to 3.8%

On May 1st, as per an official announcement from the White House, President Trump once more urged Congress to approve the "Big and Beautiful Bill," which constitutes the largest tax cut in U.S. history. Upon its passage, this bill is anticipated to: Bring about a short-term actual GDP growth ranging from 3.3% to 3.8% and a long-term actual GDP growth ranging from 2.6% to 3.2%; Lead to an annual increment of $3,300 in real wages; Result in an annual increase of $5,000 in the income of middle-class households; Generate an additional 4.1 million job opportunities.

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Trump Calls Proposed Spending Bill 'Biggest Tax Cut in American History'

On May 1st, US President Trump stated that the currently brewing "Big Beautiful Bill" might potentially be "even more significant than tariffs." Trump praised Senate Majority Leader McConnell for his efforts on the legislation and added that Democrats were "attempting to block it at every turn." He warned that "if they succeed, it will lead to a 58% tax hike." Trump reiterated that the proposed spending bill would constitute the "largest tax cut in US history." (Golden Finance)

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Trump to Musk: You Can Stay as Long as You Want

On May 1st, President Trump of the U.S. said to Musk, "You can remain here as long as you desire." Trump stated that Musk has been of great assistance and has been treated unjustly, and Musk wishes to return to his car business. (FXStreet)

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