Frankfurt (dpa-AfX)-China’s reaction to the additional US tariffs briefly caused new pressure on the DAX on Wednesday. The already very weak leading index slipped to a daily low of 19,421 points and was over 4 percent in the red. Most recently, he commuted again in the area of 19,500 points.
China will raise further import duties on all US goods of 50 percent. From April 10, new additional tariffs of 84 percent would apply to all US goods. The United States now raises a total of 104 percent on imports from China.
The DAX had found his daily high in the morning just over 20,000 points. However, it turned away on the round brand and at the same time failed due to the simple 200-day average line ./AG/MEN