Donald-Trump-Zölle: DAX crashes by around ten percent at the start of the trade

The German stock index (DAX) crashed by around ten percent at the start of the trade. The index of the 40 largest listed companies fell to 18,489 points. It is therefore more than 2000 points below the level of Friday and below the level from the beginning of the year.

The Asian markets had previously experienced a rough start to the week. The stock exchanges recorded massive losses in the suction of turbulence around the government of the government of US President Donald Trump. According to the negative guidelines from the USA and Europe, the Nikkei index fell 6.5 percent to 31,591.84 points. Likewise, the broader topix.

Japan continues to move the USA to reduce tariffs. The government will ask US President Donald Trump to reduce tariffs against Japan, but results will “not come overnight,” said Japanese Prime Minister Shigeru Ishiba to the parliament. The government must take all available funds: “To cushion the economic blow of the US tariffs, such as financial support for domestic companies and measures to protect jobs.”

The stock exchanges in China, Hong Kong and Australia also showed significant losses in early trade. The Shanghai Composite Index dropped 4.4 percent to 3342 points. The Hong Kong Hang Seng Index initially even gave up by 9.3 percent. The Australian S&P/ASX 200 fell on a new 100-day low in early trade.

The US standard value index Dow Jones recently said goodbye to 38,314.86 points with a minus of 5.5 percent. The broad S&P 500 lost 6.0 percent and the technology -heavy NASDAQ gave up 5.8 percent.

Meanwhile, Trump defended his customs policy again. He did not intend to slip the markets, he said. “I don’t want something going down, but sometimes you have to take medicine to get something in order,” said the US President on board the Air Force One. “I can’t tell you what will happen to the markets. But our country is much stronger.”

The stock exchange quake erected the assets of private investors to billions of billions – especially in the USA, many people have invested on the stock exchange, and the displeasure is correspondingly great. But despite the criticism, the US government initially held on to its global customs package-US finance minister Scott Bessent told the broadcaster NBC that the tariffs were nothing that could be negotiated within days or weeks.

At a meeting of the EU Minister of Trade in Luxembourg, it is said to be the case in the event that negotiations with the US government burst a mutually acceptable solution. It is planned to advance the preparations for counter -tariffs and other conceivable retaliation.