Frankfurt’s DAX 40 extended its decline on Tuesday afternoon, falling over 1% to 24,050 points, as investor sentiment remained fragile amid uncertainty over US-EU trade talks and a disappointing start to the corporate earnings season. With the August 1 deadline for a potential transatlantic tariff clash approaching, President Donald Trump has reiterated plans to impose 30% import duties if no deal is reached, a move expected to prompt EU retaliation. Among individual stocks, Sartorius fell more than 3% as doubts persisted about a strong business recovery, despite reporting a 6.1% increase in first-half sales and reaffirming its full-year 2025 outlook. Chipmaker Infineon dropped 3%, pressured by a downbeat forecast from competitor NXP. Shares of Symrise declined 2% after mixed results from Swiss rival Givaudan. Meanwhile, defense and aerospace group MTU also lost 2% following a lowered outlook from its US peer RTX.