Market Report: Investors Take Trump's Customs Threats Left
5 Articles
5 Articles
Despite the new tariff threat from the US, investors remain calm. The DAX is expected to start with a slight increase, but oil prices are high, while the situation in the Middle East remains tense.
In the new week, there will be a strong increase in US tariffs on vehicles from the EU. This will hit German car manufacturers in particular hard.
The US President announces 25 percent of European cars, which would hit the German economy hard in particular. Experts warn: The EU strategy to date has failed.
Donald Trump wants to significantly increase the tariffs on car imports from the EU. The step to 25 percent creates strong reactions in Brussels and could further exacerbate the transatlantic trade dispute.
US President Trump is again swinging the customs club. The EU Commission reserves the right to take countermeasures, the Association of the Automotive Industry is concerned. Experts see Germany as particularly affected.
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Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
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