Trump shocks Europe: tariffs postponed – DAX celebrates soaring!
US President Trump postpones tariffs against the EU, which strengthens the stock market. DAX and MDAX reach new highs.

Trump shocks Europe: tariffs postponed – DAX celebrates soaring!
On May 26, 2025, US President Donald Trump surprisingly announced an important decision that will have a significant impact on the financial markets and the international trading environment. How tagesschau.de reported, the originally announced tariffs of up to 50 percent on goods from the EU have been postponed until July 9th. This announcement led to a positive reaction on the stock exchanges, especially the DAX, which reached a daily high of 24,050 points and increased by 1.6%.
The MDAX also benefited from the tariff break and gained around 1.4%, which lifted it above the 30,000 point mark. Investors are pleased with the prospect that a trade ban between the US and the EU can be averted for the time being. The reaction on the markets was clear, with the DAX remaining just below its record high of 24,152 points.
Reactions in the markets
In particular, shares in Rheinmetall rose almost 3%, while shares in Hensoldt and Renk reached all-time highs in the MDAX. However, Porsche SE suffered a decline after dividend reductions weighed on the share price. The euro currency gained 0.5% to $1.1418 before stabilizing again at $1.1380. The situation for the US dollar remains tense as high national debt and rising interest rates put it under pressure. Bitcoin recovered 0.8% to almost $110,000.
While Trump announced new tariffs of 25% on iPhones and other smartphones from the end of June, criticism of his economic policy is growing. Particularly affected are tariffs on imports from China, which will rise by 125%, while the general import tariff of 10% will remain in place. The ZDF reports a 90-day tariff break, but this does not apply to China. This announcement sent stock markets higher around the world: the Dow Jones rose 7.87%, while the S&P 500 gained 9.52% and the Nasdaq achieved an impressive gain of 12.02%.
But investors are worried as economists warn of a higher risk of a US recession. Uncertainty over Trump's economic policies is leading to tight financial markets and some investors are considering dumping U.S. Treasury bonds. EU countries are also discussing appropriate reactions to the announced tariffs.