FX.co ★ DAX Slips as Tariff Deadline Looms and Corporate Results Kick In

In Frankfurt, the DAX 40 index declined by 0.5% to 24,190 points on Tuesday, reflecting investor wariness amidst ongoing uncertainties surrounding US-EU trade discussions and the commencement of the corporate earnings season. With the August 1 deadline in the transatlantic tariff disagreement approaching, US President Donald Trump has indicated plans to implement a 30% import duty if negotiations reach an impasse. Such a measure could provoke retaliatory actions from the EU. Among individual securities, Sartorius dropped more than 6% after the laboratory and pharmaceutical supplier announced a 6.1% uptick in first-half sales and reaffirmed its full-year 2025 outlook, excluding potential impacts from tariffs. Additionally, semiconductor manufacturer Infineon fell 3% following disappointing quarterly results from competitor NXP.