The Frankfurt Stock Exchange experienced significant losses at the start of trading on Thursday, April 3, 2025. Around 9:45 AM, the DAX index was calculated at approximately 22,045 points, reflecting a decrease of 1.6 percent compared to the previous day’s close. This downturn was particularly alarming for investors, as the market reacted sharply to a recent tariff announcement made by US President Donald Trump.
At the top of the DAX leaderboard were Vonovia, Eon, and Daimler Truck, while Adidas, Commerzbank, and Deutsche Bank found themselves at the bottom. The announcement of new tariffs by Trump has sent shockwaves through the financial world. Thomas Altmann from QC Partners stated, “Donald Trump is changing the world of trade. On the US Day of Liberation, not much remains of free trade.” This sentiment reflects a growing concern that the tariffs imposed have exceeded both expectations and fears, pushing the…
