India, March 26 -- German stocks are down firmly in negative territory in late morning trades on Wednesday as worries about the impact of impending U.S. tariffs weigh on sentiment.
According to reports, the U.S. President is said to be considering a two-phase plan. While some sharply higher tariffs look very much on the cards, a few concessions also look likely.
The benchmark DAX was down 180.76 points or 0.78% at 22,924.00 a little while ago.
Sartorius is declining 4.7%. Bayer, Merck, SAP, Commerzbank and Adidas are lower by 1.7 to 2.5%.
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