China strikes back against Trump-US exchanges and Dax on a downfall

The trade conflict that has been started by the American President Donald Trump has dropped stock prices around the globe. After China reacted to the customs package announced by Trump with high counter -tariffs, the German leading index Dax was only able to stabilize under the 20,500 points brand. He ended the trade almost 5 percent lower to 20,641.72 points. The M-DAX gave up 5.46 percent to 25,408.54 points.

The Dax had already left feathers hard on the two previous days, so that a more than eight percent weekly minus has accumulated. The stock market barometer thus posted its greatest weekly loss since the Russian attack on Ukraine in spring 2022.

The American stock exchanges are also on a downfield. The Dow-Jones index reduced 5.5 percent to 38,314 points. The technology-based Nasdaq index dropped 5.8 percent to 15,587 points. And the broad standard value index S&P 500 even lost 6 percent and fell to 5,074. In this way, the stock exchanges are heading for a so -called bear market, since the all -time high is now more than 20 percent away.

Tech shares in particular were under pressure, which is primarily due to chip producers. The price losses of Nvidia, Applied Materials, Intel, Broadcom, AMD and Micron ranged up to 13 percent. Apple shares lost a further 7.3 percent the day before, after a good 9 percent the day before. In this way, the iPhone and Mac manufacturer has lost more than $ 500 billion in the stock market value in just two days.

The shares were also repelled by “Big Oil” such as Exxon Mobil, Chevron, Baker Hughes and Constellation Energy. Course losses ranged from around 7 to 13 percent. From the increasing concern, investors sell the shares of this very economic -dependent industry.

Since Trump announced on Wednesday evening to cover the whole world with high tariffs, the companies of the S&P 500 have lost more than four trillion dollars of the stock market value. And more than at the beginning of Corona pandemic in March 2020 in the sight of two trading days.

Trump was still undeterred and unimpressed on Friday. “China did it wrong, they are panicked-which one thing they cannot afford,” wrote Trump in capital letters in a article on his social media platform.

The President also asked business people to invest in the United States. “To the many investors who invest the large amounts of money in the United States: my politics will never change.” It is “a great time to get rich, richer than ever before !!!”

Beijing had previously announced that an additional custom of 34 percent is now also due on all American imports. This should apply from April 10th. The Chinese government also announced controls for the export of rare earth to the USA – including Samarium, Gadolinium, Terbium, Dyprosium, Lutium, Scandium and Yttrium. This should apply from Friday. Rare earths are indispensable for many high -tech products such as cell phones and also in the armaments industry.

Eleven American companies were also classified as “unreliable”. The step allows the government in Beijing to take punitive measures against foreign companies. “The purpose of the legal implementation of export controls for relevant goods by the Chinese government is to better protect national security and interests,” said a statement by the Chinese Ministry of Commerce.

Violent effects on the global economy and other losses of price are conceivable at any time if the tariffs come into force and remain for a long time, warned Thomas Altmann from QC Partners. Marcard, Stein & Co.'s strategists also predicted: “The negative economic consequences of US customs policy will not be long in coming.”

The American President Trump announced on Wednesday that he would raise a basic customs set of ten percent on all imports to the USA and higher tariffs to dozens of other countries. 20 percent should apply to the EU, 34 percent are planned for China.

There is still hope among the investors that the spiral of tariffs and against tariffs can be stopped through negotiations. But she wanks. “However, the fact that the US President regularly emphasizes that they want to use the expected customs revenues for the budget renovation and financing of tax cuts,” explain the analysts of the LBBW.

The German Foreign Trade Association BGA fears a further escalation. “This is only the beginning of the catastrophic customs avalanche that President Trump willingly kicked off,” said BGA President Dirk Jandura. And he added: “It will cause considerable economic damage on all sides, worldwide.”

The German Chamber of Commerce and Industry (DIHK) is concerned that the domestic economy could be under the bikes. “The United States and China are the two largest economies in the world and at the same time our most important trading partners,” said DIHK foreign manager Volker Treier. “A trade conflict between them brakes world trade and is particularly stressful for Germany as an export nation. The falling international demand would affect our economy noticeably.”

Ultimately, punitive tariffs and counter -duties harm everyone and bothered the supply chains considerably. German industry in particular, firmly anchored in global value chains, already feel the consequences: rising costs, less willingness to invest and growing uncertainty, said Treier.

Many equity investors therefore resigned again, especially in the economic -sensitive banking sector. The European banking index dropped by up to nine percent after it had already lost 5.5 percent on Thursday. In the DAX, the titles of Deutsche Bank and Commerzbank fell by 12.1 and 9.3 percent. The British banking industry lost almost five percent. The Japanese industry index temporarily gave up 11.6 percent.

The prices of oil and copper also went down steeply at the raw material markets. The North Sea oil Brent and the US oil WTI were reduced by around four percent to $ 67.48 and $ 64.23 per barrel. The Brent price was therefore so low as it has not been in more than three years. WTI acted at a two -year low. The prices dropped by eight or seven percent on a weekly perspective. Investors expected lower oil demand as a result of the US tariffs.

The price pressure was reinforced by the recent decision by the Opec+Group to significantly increase its production in May. Economic worries also cost the industrial metal. The price fell by up to 2.7 percent to $ 9115 per ton. The analysts of the Anz-Bank predicted the view of a global trade war and weaker economic growth should first maintain downward pressure on the raw material markets.

In the search for low -risk investment options, investors again increased with government bonds. The courses of the ten -year -old German bonds rose, in return the return fell to 2.5 percent after 2.6 percent in the final business of Thursday. The interest rate of the two -year titles was 1.8 percent at the lowest level since the beginning of November 2022.

At the foreign exchange market, the US currency, which was most recently battered by Trump's customs policy, started an attempt to relax. The dollar index won up to 0.5 percent to 102.61 points after it had lost more than two percent on a week. In the case of the euro profit herself, the community currency pressed 0.7 percent to $ 1.0972.

According to analysts, the further procedure of the Fed should now be crucial for the dollar. If inflation through the US tariffs increases sharply, the central bank could be forced to end its loosening course and may even attract interest. Mark Dowding from Bluebay Asset Management assumes that US growth will slow down to about one percent in the next quarters, while inflation increases to around five percent.