Daimler Truck Holding Watchlist

According to the WSJ, US tariff policy could start more moderately. Cyclicals like Daimler Truck are breaking out!

J. Meyer
Reading Time: 1 minute

The "WSJ" reported earlier that Donald Trump intends to present his trade vision today, but will not impose new tariffs immediately. The focus is primarily on China, Mexico, and Canada. However, Europeans would also be affected if the USA demands higher tariffs on car imports. As it stands, Trump’s tariff policy may turn out to be more moderate at first. This would be positive for cyclicals, which would respond favorably. Daimler Truck (DTR0CK) breaks out at 39 euros and stands to benefit from a strong push in North America if tariffs turn out...

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