(BFM Stock Exchange) – The Paris Stock Exchange dropped down this Thursday, March 13, penalized by Donald Trump who brandished the threat of heavy customs from European alcoholiers. But the Parisian place is doing a little better than Wall Street.

The rebound in the previous day was short -lived. The Paris Stock Exchange once again hit this Thursday, March 13, for yet another announcement by Donald Trump on customs duties. Its main index, the CAC 40 sold 0.64% to 7,938.21 points, weighted by this new episode of the trade war between the United States and its partners.

The CAC 40, and more broadly the European indices, however, come out a little better than Wall Street. Shortly after the European fence, the S&P 500 abandoned 1.3% and the NASDAQ lost 1.9%.

Donald Trump threatened to tax, imports of spirits 200%. On its social network Truth Social, the tenant of the White House referred to “villains of customs rights of 50% on whiskeys” set up by the European Union.

In the process, the spirit groups listed in Paris have violently won. The higher drop in CAC 40, Pernod Ricard dropped 4% while on SBF 120, Rémy Cointreau sold 4.7%.

The president of the European Commission, Ursula von der Leyen, said that the European Union was “open to negotiation”, after these new threats.

As for economic indicators, investors have also dissected as the production price index (“PPI”) for the month of February.

These figures showed a slowdown in production prices in February according to the PPI index. Last month, inflation on the producer side was 3.2% at an annual rate after January 3.7%, still a year. This data was expected by investors who assess the repercussions of a trade war on prices. Especially since the American Federal Reserve (Fed) will hold its monetary policy meeting next week.

Support for Schneider Electric

On the values ​​side, Schneider Electric finally sold 1.2%, despite the support of Goldman Sachs who noted his advice on the purchase on the title.

Thales fell 0.8% while Jefferies lowered his recommendation to “keep” against “buy”. The same design office initiated its coverage to purchase on Dassault Aviation (-0.1%).

Valeo dropped 6.4% while Exane BNP Paribas lowered his advice to “neutral” against “outperformance”.

In other markets, the euro lost 0.1% against the dollar at $ 1.0874. Oil is retreating. The contract in May on the Brent de Mer du Nord sold 1.4% to 69.97 Dollars per barrel while that of April on the WTI listed in New York abandons 1.5% to 66.66 Dollars per barrel.