FX.co ★ DAX Falls for 3rd Day

On Tuesday, the DAX 40 declined for the third consecutive day, dropping over 1% to approximately 24,700—the lowest level since early January. This downturn comes amid increasing transatlantic tensions and renewed uncertainty over tariffs. Tensions between the EU and the US have heightened following President Trump's weekend vow to impose additional tariffs on countries opposing his bid to acquire Greenland. He has threatened to levy 200% tariffs on French wine and champagne after Emmanuel Macron declined to participate in his proposed "Peace Council," a body led by billionaires aimed at addressing global conflicts in competition with the UN.