FRANKFURT (dpa-AFX) – Bargain hunters led a recovery on the German stock market on Tuesday. Support also came from encouraging sentiment data from industry in the euro region and, above all, from the further weakening of inflation. In the afternoon, the start of the US interest rate cycle briefly caused some uncertainty.
At the close of trading, the Dax was up 1.70 percent at 22,539.98 points. The leading German index thus made an attempt to stabilize after the previous day had once again been dominated by concerns about the tariffs announced by the USA.
On Wednesday, US President Donald Trump plans to announce his large tariff package, which could further exacerbate international trade conflicts. He calls this the “day of liberation” for the USA and recently spoke of reciprocal tariffs in this context. In other words, tariffs that are a direct response to existing import tariffs imposed by another country. In the…
