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Jinse Finance reported that U.S. Secretary of Commerce Howard Lutnick stated on Tuesday that he expects U.S. GDP growth in the first quarter of 2026 to exceed 5%. However, he also warned the European Union not to retaliate against the tariffs threatened by President Trump regarding Greenland. Speaking at a forum during the World Economic Forum in Davos, Switzerland, Lutnick pointed out that if Europe implements its threatened tariff retaliation, "then the situation will return to a cycle of escalating tariffs between both sides."

According to Jinse Finance, citing foreign media, U.S. Commerce Secretary Howard Lutnick stated on Tuesday that he expects the U.S. GDP growth rate to exceed 5% in the first quarter of 2026. However, he also pointed out that the current U.S. interest rates are too high, which is restraining stronger economic growth. Speaking at the World Economic Forum Annual Meeting in Davos, Switzerland, Lutnick said: "Our interest rates should be lower so that the economy can truly prosper. I believe this quarter's GDP will grow by more than 5%, which is quite significant for the $3 trillion U.S. economy." He added, "If interest rates were lower, the growth rate could even reach 6%. What is currently holding us back is our own policy." It is worth noting that Lutnick's growth forecast is his personal view and is higher than the expectations of U.S. Treasury Secretary Bessent, who stated in Davos that the actual U.S. GDP growth rate in 2026 may be between 4% and 5%.

ChainCatcher news, according to Golden Ten Data, the three major U.S. stock indexes continued to decline. The Nasdaq Composite Index expanded its drop to 2%, the Dow Jones Industrial Average is now down 1.5%, and the S&P 500 Index has fallen by more than 1.7%.