Europe’s lead exchanges again clearly close in the minus

European lead exchanges went out of retail on Tuesday with clear discounts. Reason, among other things, is likely to worry about one again escalating trade conflict with the USA be. Against the background of an already tense situation on the financial markets, said US President Donald Trump In the afternoon, the import tariffs on steel and aluminum from Canada want to double a further 25 percentage points to 50 percent.

Trump also threatened to “significantly increase the import duties on cars to the USA on April 2. And that “if Canada doesn’t also pick up other outrageous, long -existing tariffs”.

The Euro Stoxx-50 gave 1.43 percent to 5,309.90 points. The DAX lost 1.29 percent in Frankfurt to 22,328.77 points. In Zurich, the SMI lost 2.47 percent of value at 12,692.25 units. In London there was a discount of 1.21 percent for the FTSE 100 at 8,495.99 points.

Shares of large car companies record minus

After a drop in profits, Volkswagen is almost 31 percent to EUR 12.4 billion as a result of the savings program and sluggish electrical automotive purchases before another challenging year. The dividend is to be reduced by 30 percent. The shares gave up by 1.1 percent.

Shares of other large car companies also recorded losses. BMW lost 1.6 percent in value. At Mercedes it was a discount of 1.9 percent. At Stellantis it went down a whopping 5.3 percent.

Schneider Electric was among the few winners in the Euro Stoxx-50 with an increase of 1.7 percent. Infineon grew by 0.4 percent, followed by Bayer (plus 0.4 percent), Enel (plus 0.3 percent), Iberdrola (plus 0.2 percent) and saffron (plus 0.1 percent). All other values ​​gave up.

Henkel shares slipped strongly 10.4 percent in Frankfurt. The consumer goods manufacturer expects a “slow start” to the year because of a difficult industrial environment and a subdued market mood among consumers, especially in North America.