The threat of additional tariffs against China led to further turbulence on the global financial markets, which have been under pressure since Trump’s announcements in the past week.
On Monday, 2.4 percent was in the red on Monday during the Dow-Jones index. The Dax, which had already lost around eight percent on Thursday and Friday, dropped 4.3 percent on Monday. Investors fear that the tariffs could lead to higher prices, weaker demand and possibly a global recession.
