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Euronews
Euronews
Tina Teng

Germany’s stock markets reverse April’s losses as Trump grants auto tariff relief

Donald Trump Germany United States

Germany’s benchmark stock index, the DAX, rose for the sixth consecutive trading day on Tuesday, poised to recover all losses in early April. The rally reflected global market trends as the Trump administration introduced further amendments to its tariff policy, easing concerns over a possible recession. 

On Tuesday, US President Donald Trump signed two directives aimed at reducing the tariff burden on automakers. The White House had confirmed Trump’s decision on Monday, while the official documents were signed after European markets closed on Tuesday. 

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