(15 Apr 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Frankfurt, Germany – 15 April 2025
1. Various of Frankfurt Stock Market trading floor, DAX index, traders
2. SOUNDBITE (German) Arthur Brunner, director of Market Making Bonds ICF Bank AG:
"At the moment, the situation seems to have calmed down. The DAX is up more than 1%, and was also up significantly yesterday. However, if you take a closer look, you can see that the DAX is of course benefiting in particular from the new considerations (of the Trump administration) to suspend the tariffs for automobiles and automotive suppliers."
3. Various of Frankfurt Stock Market trading floor, DAX index, traders
4. SOUNDBITE (German) Arthur Brunner, director of Market Making Bonds ICF Bank AG:
"The pressure on the automotive industry is being maintained. They are simply being given a bit of air to breathe. They (the Trump administration) threatened to impose the harshest penalties first and now want to go into negotiations to get a concession from the auto industry on investment in the U.S."
5. Various of Frankfurt Stock Market trading floor, DAX index, traders
STORYLINE:
Germany’s DAX index continued to rise at a slower pace on Tuesday morning, following a rise of almost three percent the previous day, further reducing the losses caused by the tariff shock triggered by U.S. President Donald Trump at the beginning of April.
The DAX surpassed the 21,000 point mark in the first few minutes of trading and rose by 0.85% to 21,133 points.
"At the moment, the situation seems to have calmed down," said Arthur Brunner, director of Market Making Bonds at ICF Bank AG.
"However, if you take a closer look, you can see that the DAX is of course benefiting in particular from the new considerations (of the Trump administration) to suspend the tariffs for automobiles and automotive suppliers," he explained.
Following the exemption for certain electronic products, Trump has now also held out the prospect of at least temporary exemptions from far-reaching tariffs for car manufacturers.
"The pressure on the automotive industry is being maintained. They are simply being given a bit of air to breathe," Brunner said.
AP video shot by Daniel Niemann
===========================================================
Clients are reminded to adhere to all listed restrictions and to check the terms of their licence agreements. For further assistance, please contact the AP Archive on: Tel +44(0)2074827482 Email: info@aparchive.com.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/c18a7f845cc14deca4683f68b58da519
Author: AP Archive
Go to Source
News post in April 20, 2025, 12:05 pm.
Visit Our Sponsor’s:
News Post In – News
