FRANKFURT (dpa-AFX) – Investors on the German stock market have hit the brakes following new tariff announcements by US President Donald Trump. After the previous day’s significant gain, the Dax closed down 1.07 percent at 22,550.89 points on Thursday. On Wednesday, it had at times approached its record from the previous week of 22,935 points by a good 100 points.
After initially ambiguous statements about a possible further postponement, Trump made it clear that tariffs on goods from Mexico and Canada would come into force on March 4. Additional tariffs of 10 percent will then also apply to goods from China. At the beginning of February, shortly before the threatened punitive tariffs of 25 percent on goods from Mexico and Canada were due to come into force, Trump agreed to concessions from his neighbors, particularly with regard to border security, and most recently announced a start date of 2 April. The US President also…
