At 09:12, DAX is already affected by Trump's 'America First' policy.
In contrast to the US market, the DAX continues to be stuck in consolidation mode. According to market participants, it is suffering from Donald Trump's economic policies. For his re-election, Trump plans to impose high tariffs on imports from China, but also on all other imports. "Companies should directly invest in the US and create jobs there," one market participant said, clarifying Trump's "America first" stance. Trump has also demanded that the US Federal Reserve not lower interest rates before the election.
08:39 Trump: Taiwan should pay US for defense
Donald Trump has made it clear that, in terms of US support for Taiwan in the event of a Chinese attack, he sees it as a business opportunity. "I think Taiwan should pay us for defense. We're not doing it for free. Taiwan gives us nothing," Trump told Bloomberg Businessweek when asked if he would defend Taiwan against China. China could attack Taiwan, but it won't, "because they don't want to lose all those chip factories," the former US president added. "I wouldn't feel as secure in their place, but think about it: Taiwan took our chip business away from us, isn't that stupid?"
08:02 Iran denies threatening Trump
The Iranian mission to the United Nations in New York has denied reports of threats against former Republican President Donald Trump. "These are baseless and politically motivated allegations," a spokesperson for the Iranian mission said. For Iran, Trump is a war criminal who ordered the killing of Iranian General Qasem Soleimani in 2020. "Trump must be held accountable and punished for this, but Iran has chosen the legal route," the spokesperson added. The Secret Service has reportedly increased security measures for Trump in recent weeks due to threats from Iran, according to media reports. CNN and MSNBC were among the US broadcasters reporting on this.
07:38 Heritage Foundation wants to dismantle weather service
For a potential Trump victory, the right-wing think tank "Heritage Foundation" has developed an ultra-conservative program that is intended to be implemented during his tenure: The authors are against abortion, demand a ban on pornography, and advocate for measures that promote "marriage, work, motherhood, fatherhood, and the nuclear family." The National Oceanic and Atmospheric Administration (NOAA), which includes the weather service or the US Hurricane Center, is to be dismantled because it is "one of the main driving forces of the climate change alarm industry." They want to replace most federal employees with political appointees. The power of the president is to be expanded, the Congress weakened.
07:12 Trump: Fed should not lower interest rates before election
Donald Trump has spoken out against lowering interest rates by the US Federal Reserve before the election. "That's something they shouldn't do," the ex-president said in an interview with Bloomberg Businessweek. According to the business magazine, the stock market is pricing in two interest rate cuts by the Federal Reserve at the end of the year, one of which - and this is crucial - before the elections. A rate cut in September is already largely priced in.
06:36 Among Democrats, 39 percent want Biden to end his campaign
In a survey conducted by Reuters/Ipsos and completed on Tuesday, 39 percent of Democrats expressed the view that President Joe Biden should end his re-election bid. Many Democrats fear that a poor showing by Biden at the elections on November 5 could cost the party the White House and both chambers of Congress. This could set the stage for a second Trump administration to push through their political agenda without significant opposition from the Democrats. It is speculated that the Democratic Party might rally around Vice President Kamala Harris as a new candidate if Biden steps down.
05:17 Biden calls for assault weapons ban
US President Joe Biden has once again called for a ban on assault weapons. Speaking at a campaign event in Las Vegas, Nevada, Biden referred to the attack on Trump, stating that the shooter used an AR-15. "It's time to ban them," Biden said. Attempts to enact stricter gun laws have been ongoing for years, but they have consistently failed - largely due to Republican opposition and the fierce resistance of the gun lobby.
04:41 DHS Inspector General launches investigation into Trump attack
The Inspector General of the US Department of Homeland Security (DHS) has launched an investigation into the attack on Trump. According to an official statement on the Inspector General's website, the evaluation of the Secret Service's handling of security at the event on July 13, 2024, is the focus of the investigation. The investigation aims to provide insights into whether the security measures were adequate and if there were any potential oversights.
04:13 Former rival Haley endorses Trump at Republican convention
Nikki Haley, a former rival, made her support for Trump clear at the Republican National Convention in Milwaukee. "Let me make one thing clear: Donald Trump has my full support. Period," the 52-year-old said. Haley was greeted with a mix of cheers and boos upon her arrival. However, when she publicly endorsed Trump during her speech, the audience applauded. Trump himself listened to the speech in the convention hall - he arrived earlier than anticipated.
03:15 Shooter ordered 'dangerous materials'
The young man who shot at Trump is reported to have received several packages in the months leading up to the incident, some of which were marked with the warning "dangerous materials." The New York Times reported that such a label was found in a search of the shooter's home, and two additional explosive devices were discovered in his car, parked nearby. The FBI subsequently examined his mailing history.
02:24 Trump: Taiwan should pay US for defense
Donald Trump has expressed reluctance regarding US support for Taiwan in the event of a Chinese attack. "I think Taiwan should pay us for the defense. We're not just an insurance company. Taiwan doesn't give us anything," Trump told Bloomberg Businessweek when asked if he would defend Taiwan against China. China could easily attack Taiwan, Trump noted. "They won't do that, though, because they don't want to lose all those chip factories," the Republican presidential candidate added. The interview was reportedly conducted at Trump's Mar-a-Lago estate in Florida on June 25.
01:18 Harris and Vance discuss TV debate
After J.D. Vance was nominated as the Vice Presidential candidate for the Republicans, he and Vice President Kamala Harris exchanged words regarding a TV debate. The two leading politicians are reportedly working on agreeing on the conditions for the debate, according to insiders. Harris has agreed to participate in a debate on CBS News, either on July 23 or August 13. These dates had already been agreed upon by Trump and Biden two months ago. However, the Trump team has requested a debate on Fox News, which Biden's team might not agree to.
00:39 Trump phones widow of slain firefighter
Donald Trump reportedly phoned the widow of slain spectator Corey Comperatore. "He was very kind and said he would call me again in the coming days and weeks," Helen Comperatore wrote on social media. She told Trump that her husband "left this world as a hero and was taken up by God." According to Comperatore's sister, President Biden also reached out for the conversation, but the family declined.
23:27 Democratic resistance to early Biden nomination
There is resistance among US Democrats in the House of Representatives to plans by the party leadership to formally nominate President Biden as the candidate for the November election before the scheduled nomination convention on August 19-22. In a draft letter, a group of congressional representatives expresses "serious concerns" about the proposal to nominate Biden through a virtual vote on July 21. The idea of suppressing the debate over Biden's candidacy with a premature vote was described as "terrible" in the letter, which the representatives have not yet signed. "It could deeply undermine the morale and unity of the Democrats."
22:49 Democratic representative warns of massive losses – due to Biden
Representative Adam B. Schiff (D-CA) warned during a private gathering with donors that the Democratic Party would suffer massive losses if Biden remained the candidate. The New York Times reported this. If Biden remained, he would not only lose to former President Donald Trump, but he could also significantly hinder other Democratic candidates, potentially causing the party to lose the Senate and miss the opportunity to regain control of the House of Representatives, according to Schiff during a benefit event in New York. "I think if he's our candidate, we'll lose," Schiff said during the gathering, as reported by someone with access to a recording of the event.
22:09 Ex-Minister Carson calls Democrats 'useful idiots'
Former US Housing and Urban Development Secretary Ben Carson accused Democrats of not understanding the concept of unity. America's enemies are playing a "long-term game" by dividing Americans "on the basis of race, age, income, gender, religion, political affiliation," Carson said on CNN. "Somebody needs to be the adult in the room. I don't expect the other side to come to that conclusion. They'll make some lip-service confessions," Carson added. "There are many on the other side who are what Lenin called useful idiots. They don't even realize they're hurting themselves."
21:39 Spahn: Scholz should talk to Trump
German Vice-Chairman of the Union faction Jens Spahn urges Chancellor Olaf Scholz to establish contact with Donald Trump. "It would be in Germany's interest if Olaf Scholz reported to Trump after the attack," Spahn tells "Spiegel": "I hope he understands that." A personal relationship is essential in politics, according to Spahn, who advocates for an approach to Trump. "I'm sure Donald Trump notices who's reaching out to him." Spahn states that he dislikes many things about the Republican Party as a whole, including Trump's style and demeanor. "But does that mean we have to set up a dictatorship?" It's not in Germany's interest, "to present Donald Trump as a potential next president of our most important ally as an adversary."
19:38 Iranian assassination plot against Trump?
The US has received indications of an Iranian plot to assassinate former President Donald Trump, CNN reports, citing sources. The US intelligence community and Trump's campaign team were informed about this before the rally on the previous Saturday, a CNN reporter reports, citing a US national security official. However, there is no evidence that the young man who shot at Trump during the rally and injured him was involved in the Iranian plot, according to CNN.
19:04 Trump spreads erroneous statements about vaccines
Donald Trump reportedly disseminated factually incorrect theories about vaccines during a phone call with independent presidential candidate Robert F. Kennedy Jr. CNN reports, citing a video that Bobby Kennedy III, Robert F. Kennedy's son, had briefly made public on social media. In the video, Trump talks about the number of vaccine doses that children receive and claims that babies change radically after receiving a large number of vaccines. "If you give a baby an injection with 38 active ingredients that look like they're for a horse and not for a 10 or 20-pound baby, then that baby suddenly starts to change," Trump says. "I've seen that happen too many times."
18:39 Biden campaign: Resumes campaign advertising
Biden's campaign team plans to resume campaign advertising this week, according to information from the news agency Reuters. Two sources familiar with the matter confirmed this. The Biden campaign declined to comment. Biden had suspended campaign ads following the attack on Trump.
18:14 Secret Service: Police were in the building from which the shooter fired
In the building from which the shooter fired at Donald Trump on Saturday, there were policemen from a local unit. This was explained by the Director of the Secret Service, Kimberly A. Cheatle, in an interview with ABC News. "There were local police officers in the building - there were local police officers in the vicinity, who were responsible for the external security of the building," Cheatle says. A spokesperson for the Secret Service adds that the local police had a collection point in the building.
In the politics landscape, speculations are rife about Donald Trump's potential campaign for the United States Presidency Election 2024. Despite his economic policies causing issues for the DAX, Trump has declared his intention to impose high tariffs on imports, including from China, if he wins re-election. On the other hand, current President Joe Biden faces criticism from within his party, with 39% of Democrats wanting him to end his re-election bid due to fears of a poor showing in the elections.
