Overview

• The DAX rose by approximately 1.5%, reaching 22,826 points, driven by optimism over potential US-China tariff negotiations.
• China's Ministry of Commerce expressed willingness to engage in tariff discussions, marking a possible turning point in the trade dispute.
• BASF reported a sharp Q1 profit decline to €808 million, citing uncertainty from tariff volatility as a major risk.
• Airbus posted a 33% rise in Q1 net profit to €793 million but warned of worsening supply chain challenges due to trade tensions.
• Mercedes-Benz announced plans to produce a new mid-size model in Alabama by 2027 to mitigate US import tariffs, while Apple forecast $900 million in additional quarterly costs from tariffs.