Companies Heidelberger Druck, Hypoport, Redcare, Siltronic, SUSS, and Teamviewer under scrutiny in a financial examination by DAX
EU-US Trade Deal and Its Impact on German Companies and the DAX
In the current financial landscape, several key developments are capturing the attention of investors. One such development is the EU-US trade deal, which has set a 15% tariff ceiling on most EU exports to the US. This agreement, announced in late July 2025, has been met with a mix of relief and criticism.
While the deal aims to provide stability and predictability for transatlantic trade, European leaders have expressed concerns about competitiveness. The impact of this deal on the DAX and the mentioned companies—Heidelberger Druck, Hypoport, Redcare Pharmacy, Siltronic, SUSS, and Teamviewer—remains a topic of interest.
The 15% tariff is expected to have a minimal negative impact on overall EU GDP growth, as EU exports to the US make up less than 3% of EU GDP. However, manufacturing-related companies such as Heidelberger Druck (printing technology) and Siltronic (semiconductor wafers) may experience some tariff-related costs entering the US market, which could affect their earnings outlook negatively.
On the other hand, companies like Hypoport (financial services) and Teamviewer (software/services) are in service sectors likely less impacted by tariffs. The exposure of SUSS and Redcare Pharmacy depends on their export footprint, but specific data is not available at present.
In summary, while the trade deal introduces a new tariff baseline that could increase costs for certain German exporters, the overall impact on the DAX and these companies during the current earnings season appears limited or unclear based on available information. Investors and analysts may watch closely for specific company earnings reports to gauge direct effects.
It's also worth noting that Börsenmedien AG holds shares in Redcare Pharmacy N.V. and SUSS MicroTec SE. This could potentially create a conflict of interest in their coverage of these companies. As such, investors may want to consider this factor when evaluating news and analysis from Börsenmedien AG.
Lastly, the ongoing earnings season is another significant focus for investors, offering insights into the financial health and performance of these companies. A detailed assessment of individual company earnings season impacts can be found in the latest corporate reports and market analyses.
[1] EU-US Trade Deal Announcement, July 2025. [2] European Commission Press Release, July 2025. [3] Financial Times Article, July 2025. [4] Reuters Article, July 2025.
Investors are monitoring the EU-US trade deal's impact on finance, specifically on German companies listed on the DAX such as Heidelberger Druck, Hypoport, Redcare Pharmacy, Siltronic, SUSS, and Teamviewer. Given the 15% tariff ceiling, manufacturing-related companies like Heidelberger Druck and Siltronic may encounter increased costs when entering the US market, potentially affecting their earning outlook. However, service sector companies like Hypoport and Teamviewer may be less affected by tariffs. The impact on SUSS and Redcare Pharmacy is yet to be clearly defined, and more data is needed for a detailed assessment.
