CHINA FOREIGN MINISTRY: TO KEEP ROUTE SAFE, PARITIES NEED TO WORK TOGETHER TO PREVENT ESCALATION

According to CNBC, Eli Lilly's CEO stated that the company opposes the move to legislate Trump's drug pricing agreement.

Domestic News: 1. Li Qiang: Focus on promoting the construction of new power grids and accelerating the adjustment and optimization of the energy structure. 2. NDRC: The state will continue to carry out the central frozen pork reserve purchase and storage. 3. China National Grain Reserves Corporation (CNGRC): 10,000 tons of frozen pork will be offered for auction in this round of reserve purchases. 4. Ministry of Foreign Affairs responds to Japan's deployment of long-range missiles: China is seriously concerned. 5. Authoritative departments jointly deploy to investigate illegal marketing activities of "Yousiyi" health products imported through cross-border e-commerce. 6. China's manufacturing PMI recorded 50.8 in March, remaining in expansion territory for the fourth consecutive month. 7. Airlines will raise domestic fuel surcharges starting April 5: from 20 yuan to 120 yuan for routes over 800 kilometers. 8. The People's Bank of China, the Ministry of Science and Technology, the State Financial Regulatory Commission, and the China Securities Regulatory Commission jointly held a meeting to exchange and promote science and technology finance work. International News: 1. US media: The US military seeks to expand access to its military base in Greenland. 2. The Petroleum Institute of Japan suspends the public release of petroleum product inventory data. 3. Trump plans to reshape steel and aluminum tariffs: a uniform 25% tariff on finished products, replacing the 50% tariff based on metal value. 4. Federal Reserve— ① Moussalem: The energy shock from the Iran war will push up inflation across the board; current interest rate settings remain appropriate. ② Barkin: Consumers and businesses are still viewing the oil price shock from a "short-term perspective." 5. US Data— ① March ADP employment increased by 62,000, exceeding the expected 40,000. ② The US March ISM Manufacturing PMI hit a more than three-year high. ③ US February retail sales rose 0.6% month-on-month, a more than six-month high. 6. Iran Situation— ① Trump claims the new Iranian regime's president requested a ceasefire from the US, which Iran refutes. ② Trump: Seriously considering withdrawing from NATO; NATO is a "paper tiger." ③ Iranian Foreign Ministry: Iran's Supreme Leader is in good health but has postponed public appearances due to the war. ④ Senior Iranian source: No negotiations have been held through any intermediary regarding a temporary ceasefire. ⑤ US intelligence agencies: Iran currently has no intention of participating in substantive negotiations, believing Trump lacks sincerity. ⑥ The smelter of EGA, the Middle East's largest aluminum producer, was attacked and shut down. ⑦ US media: Trump will announce the imminent end of the war during prime time, placing full responsibility for the Strait of Hormuz on NATO.