India, July 8 -- German stocks are up marginally in cautious trade on Tuesday amid concerns about global trade after U.S. President Donald Trump imposed new tariff rates on partners including Japan and South Korea but left the door open for additional negotiations, saying that the earlier notifications were "not 100 percent firm."
As the deadline for increased duties has been pushed off until at least Aug. 1, there are hopes the major economies would eventually strike some deals.
According to media reports, the Trump administration has offered a proposal that would keep a 10% baseline tariff on all EU goods, with some exceptions for sensitive sectors such as aircraft and spirits.
The benchmark DAX was up 26.44 points or 0.16% at 16,878.2...