SZ am Morgen: News of the day – the overview for those in a hurry

June 4, 2025, 6:58 AM |

Reading time: 1 min.

Elon Musk and Donald Trump in the Oval Office at the White House. (Photo: Nathan Howard/REUTERS)

What is and will be important.

Musk calls Trump's tax law a "disgusting abomination." Just days after leaving the White House, the billionaire is attacking a pet project of the US president. The issue is a sensitive one for him, as the billionaire could exert considerable influence over Republican lawmakers. Trump can hardly afford any dissent in the Senate. Read the article (SZ Plus)

USA: Doubled tariffs on steel and aluminum are in force

EXCLUSIVE: The Greens accuse Klingbeil of fiddling with numbers and breaking his word. The new finance minister will officially present himself before the budget committee this Wednesday. He must present a federal budget at the end of the month. The Greens, in particular, are harshly criticizing him. They are primarily focused on the €500 billion special fund for infrastructure modernization. The accusation is that the government is using the money to finance expensive election promises. Read the article (SZ Plus)

Controversial aid organization GHF will not distribute aid on Wednesday. Following gunfire at a distribution center, the stations will remain temporarily closed for "renovation, organizational, and efficiency improvement work." The Israeli army is warning the public not to approach the distribution centers, saying the roads leading there are considered combat zones. Read the live blog .

More dollar millionaires than ever before. Approximately 23.4 million people, 2.6 percent more than in 2023, had assets of at least one million dollars last year. This is the highest level since the publication of the first World Wealth Report in 1997. The total wealth of the rich has also reached a record high, at $90.5 trillion, or the equivalent of €79.3 trillion. In Germany, the number of millionaires is shrinking slightly. Read the article

The German national team will play Portugal in the Nations League semifinals. They want to use the tournament to build more automatisms for World Cup qualification, says national soccer player Undav. The 28-year-old faced criticism at VfB Stuttgart last season. The support of his coach helped him get back to his best. Read the interview (SZ Plus)