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European Market Updates

DAX Notably Lower As Trade War Worries Mount

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

German stocks are notably lower on Monday as trade war worries escalated after U.S. President Donald Trump threatened over the weekend that he would impose a 30% tariff on EU imports from August 1.

According to media reports, the European Union has prepared a €21 billion ($24.52 billion) tariff package targeting American goods if trade talks between the two sides collapsed.

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Market Analysis

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.