German Stocks Slightly Rise Amid Tariff Concerns

German stocks edge up amid tariff worries. Investors react to Trump's steel and aluminum tariffs, weighing potential impacts on major companies. The market feels the pressure as trade war risks loom.

Date: 11-02-2025

AI Rating: 5

The report indicates that German stocks are seeing marginal gains despite a weak start attributed to U.S. President Trump's tariffs on metals. The new tariffs, which are set at 25% without exceptions or exemptions, are intended to bolster struggling U.S. steel and aluminum sectors. However, this action raises concerns about escalating trade tensions, which could affect European exporters and manufacturers.

Impact on Stocks:

Steelmakers like Thyssenkrupp and Salzgitter are experiencing declines in their stock prices, with Thyssenkrupp down nearly 3% and Salzgitter down about 1%. This reflects investor apprehension about the immediate repercussions of the tariff on profits and operational costs associated with materials. The automobile sector is also facing challenges as highlighted by noticeable drops in stock prices for companies like Volkswagen (-1.8%), Porsche (-1.7%), and BMW (-1.6%).

Major stocks such as Bayer, BASF, and others are primarily down by 0.3% to 1%, likely affected by the overall market sentiment regarding the trade implications and cost structures.

Stocks: TKAY SALZF VWAGY Porsche BAMXF MDLZF DDAIF HDELY BAYRY BASFY DEOIF ADHIY HDELY BAYRY FREZ