FX.co ★ DAX on Cautious Note

Frankfurt's DAX index hovered around 24,070 on Tuesday, as traders maintained their attention on the ongoing trade discussions between the United States and its primary partners. On Monday, President Trump informed Japan, South Korea, and 12 other nations that effective August 1, they would be subject to tariffs of at least 25% unless they promptly negotiate new trade deals with the U.S., while expressing his willingness to engage in talks. Notably, the exclusion of Canada, Mexico, the EU, and China from this list may suggest more advanced negotiations underway with these regions. As reported by Politico, the U.S. has presented the European Union with a proposal to maintain a standard tariff of 10% on all EU imports, allowing some exceptions in sensitive areas such as aircraft and alcohol. Among individual stocks, Bayer, Rheinmetall, Commerzbank, and Daimler Truck Holding outperformed, each climbing approximately 1%. Conversely, Porsche, Zalando, and Fresenius Medical Care experienced the largest declines, ranging between 0.7% and 1%.