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Golden Ten Data reported on May 20 that the European Parliament's International Trade Committee released a statement on the 20th, announcing that the European Parliament and EU member states reached a provisional agreement in Strasbourg, France, on implementing the EU-US trade agreement. According to this provisional agreement, the EU's tariff preferences on US industrial goods as well as certain agricultural and seafood products will expire on December 31, 2029, unless both sides decide to extend them. The EU will also establish a "safeguard mechanism." Should US imports surge and severely impact EU industry or agriculture, the European Commission can initiate an investigation and suspend the relevant preferential measures. Regarding steel and aluminum products, if the US maintains tariffs higher than 15% on EU steel and aluminum derivative products by the end of 2026, the European Commission may suspend certain tariff preferences. According to procedure, the International Trade Committee of the European Parliament is expected to hold a special meeting on June 2 to review the relevant text, and the full European Parliament is expected to hold a vote in mid-June.

① 14:00 (UTC+8) Germany April PPI month-on-month

1. Approximately 60 addresses holding more than 10,000 ETH have liquidated their holdings in the past two months; 2. Trump’s digital asset advisor: the US Bitcoin strategic reserve announcement is expected to be released in the coming weeks; 3. Trump instructs the Federal Reserve to assess granting crypto companies access to master accounts; 4. WLFI treasury company AI Financial reported a net loss of $271.5 million in Q1 2026, facing ongoing operational risk; 5. India plans to send oil tankers through the Strait of Hormuz to resume Middle East energy imports; 6. Whale “Set 10 Major Goals First” closed BTC short positions, earning $12.61 million in profit; 7. a16z’s HYPE holdings are valued at $356 million, possibly making it the largest external HYPE holding institution; 8. Bitcoin spot ETF total net outflow was $331 million yesterday, marking a third consecutive day of net outflow.