(BFM Stock Exchange) – The Parisian index is receding on Tuesday while Donald Trump set up customs surcharge against Chinese, Canadian and Mexican imports and temporarily suspended help from Ukraine.

After being brought by the defense on Monday, the CAC 40 falls on Tuesday, March 4. The Parisian index abandoned 1.3% at mid-session at 8,095.49 points.

The flagship index of Place de Paris reacts to confirmation of the establishment of additional customs duties by the American administration on imports from Mexico, Canada, up to 25% for these two countries and 10% on China. Both Ottawa and Beijing have decided to retaliate by announcing customs duties in turn. American customs duties on European imports should follow soon.

“The specter of a real trade war is looming again, threatening to stifle global economic growth at the very moment when investors were starting to regain confidence,” said Stephen Innes of Spi Am.

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Thales continues to distinguish

Donald Trump also ordered a “break” in the military aid to Ukraine, three days after having violently criticized the Ukrainian president, Volodymyr Zelensky.

On the values ​​side, the automobile flanks with the implementation of customs surcharges on Canadian and Mexican imports. Stellantis plunges 6.9%, and the optional equipment manufacturers, Valeo and Forvia suffer, losing 7.2%, 8.7% and 8.8% respectively.

Thales jumped 8.3% after delivering results above expectations, thus reinforcing its jump by almost 70% since the start of the year.

Danone benefits from its status of defensive value and earns 3.6%.

Eutelsat continues its dizzying flight, taking 80% after 70% on Monday. The title still benefits from anticipation of increases in contracts for the group’s Oneweb subsidiary, which would be linked to tensions with the United States. Let us recall, however, that the Eutelsat action collapsed (-60% three years) due to the merger with Oneweb, in 2023, which had been little appreciated on the market (it is an euphemism).

In other markets, the euro takes 0.3% against the dollar at $ 1.0,535. Oil is weighted by geopolitical tensions. The May contract on the Brent de Mer du Nord loses $ 1.4% at $ 70.61 per barrel while April on the WTI on the WTI on the New York sold 1.1% to 67.61 Dollars per barrel.