U.S. officials: The U.S. has reached 17 pharmaceutical agreements, of which 13 have been signed and the remaining 4 are still under negotiation.

Domestic News: 1. Ministry of Commerce responds to Meta's acquisition of Manus and issues related to the company's transnational operations. 2. The People's Bank of China adds 12 new digital RMB business operating institutions. 3. Ministry of Commerce: Further leverage the role of the China-US trade consultation mechanism to strengthen dialogue and communication. 4. The General Office of the Ministry of Industry and Information Technology issues a notice on launching a special action to empower SMEs with inclusive computing power. 5. Wang Yi speaks separately with Saudi Foreign Minister Faisal, German Foreign Minister Wadfoor, and EU High Representative for Foreign Affairs and Security Policy Kalas. International News: 1. Trump dismisses Attorney General Pam Bondi. 2. Turkey's gold reserves plummet by nearly 120 tons in two weeks. 3. Tesla's Q1 deliveries fall short of expectations, putting pressure on traditional businesses. 4. WTI crude oil surges 13%, gold falls 1.7%, and silver falls 2.7%. 5. US Department of Energy official: No consultations have been held regarding the release of crude oil reserves. 6. Sources: OPEC+ may consider further increasing production quotas at Sunday's meeting. 7. US initial jobless claims fell last week, with the labor market maintaining a low hiring and low layoff situation. 8. Industry insiders: Russia's crude oil export capacity has been reduced by 1 million barrels per day due to the attack by Ukraine, making production cuts inevitable. 9. The US officially adjusted tariffs on steel, aluminum, and copper, and also announced plans to impose tariffs on pharmaceuticals from companies that have not reached an agreement or whose products have not returned to the US. 10. Federal Reserve— ① Logan: Adjusting regulatory rules can reduce commercial banks' demand for reserves, thereby achieving a smooth "slimming down" of the balance sheet. ② Williams: Inflation and employment risks are approaching equilibrium, favoring a wait-and-see approach; private lending will not pose systemic risk, and such funds will not be considered too big to fail. 11. Iran situation— ① Trump's national address did not convince the market that the war was about to end or that the Strait of Hormuz issue would be resolved, causing oil prices to surge. ② Reports indicate that Iran and Oman have drafted an agreement on passage through the Strait of Hormuz; three energy vessels entered the strait along the Omani coast on Thursday. ③ Iran claims to have struck Amazon and Oracle data centers in the Middle East. ④ Iran's iconic bridge was attacked, and further infrastructure attacks are possible; Iranian media have listed bridges in several Gulf states as potential targets. ⑤ Iranian crude oil prices have entered the Brent crude market at a premium for the first time since 2022. ⑥ The Philippines and Russia have stated that the Strait of Hormuz is open to them.

Bank of Japan: Japan's output gap is estimated at +0.65% for October-December 2025 (a positive figure reflecting actual demand exceeding the economy's normal supply capacity).