BUZZ-German steelmakers fall with Trump set to announce metal tariffs
ReutersFeb 10, 2025 7:16 AM
Shares in German steel firms are set to open lower after U.S. President Donald Trump said on Sunday he will introduce new tariffs on all steel and aluminium imports
Thyssenkrupp TKAG.DE falls 4.1% to the bottom of .MDAXI and Salzgitter SZGG.DE declines 3.4% in early Frankfurt trade; Kloeckner KCOGn.DE is seen down 2.1% in pre-market indications
Trump also said he will announce reciprocal tariffs on Tuesday or Wednesday applying them to all countries and matching the tariff rates levied by each country
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