(BFM Stock Exchange) – The Parisian star index finished upwards 2.4% to get closer to the 7,300 points. The CAC 40 took advantage of a provisional relaxation of the position of the American administration on customs duties hitting the import of tech products in the United States.

The Paris Stock Exchange recovers on good rails, after losing 2.3% last week. The flagship index of the Paris Stock Exchange, the CAC 40 bounces 2.37% to 7,273.12 points.

This bullish start of the week on the Parisian square is to be put in perspective with a new turnaround by Donald Trump on customs duties. The US administration decided to exempt smartphones, computers and other electronic products from its “reciprocal” customs duties, which entered into force last week. Whose electronic products imported from China, which were subject to 145%dementia duties.

This measurement applies retroactively to Saturday 5 April. But these electronic products are no exception to customs duty. They remain subject to 20% customs duties that Donald Trump had previously imposed on all Chinese products due to China’s supposed involvement in fentanyl traffic, a powerful opioid who wreaked havoc in the United States.

Donald Trump, however, warned that this stay was “temporary” and that he would announce “in the week” new customs measures on these technological products.

Positive announcements

“These announcements are, in clear, positive for technology, in particular for giants like Apple who could have seen all their price strategy upset by customs duties of 145% imposed on China. This stay and the announcement that new customs duties will only be applied in a few months give Apple time to constitute its stock in the United States (…) without having to make uptime price” Matt Britzman, analyst at Hargreaves Lansdown.

This softening of customs rules as temporary as it is, is welcome for the markets. And for the technological sector logically sought after after the American announcements. In this case the titles linked to semiconductors like Soitec which took over 5.55% or Stmicroelectronics which earned 2.2%.

Rubis further increased by 8.1% while planting red land, a company controlled by Vincent Bolloré, said on Friday evening that he had strengthened the capital of the oil approval specialist. This Rubis Table Tour de Rube movement comes just after a similar statement, but this time coming from the concert formed around the businessman Patrick Molis.

In other markets, the euro grabbed 0.1% against the dollar to 1.1368 dollars. On the oil side, it returns to the decrease in the wake of the lowering of forecasts of the organization of oil exporting countries on the demand in black gold for 2025. The June contract on the Brent de Mer du Nord restores 0.1% to 64.67 Dollars per barrel while that of May on the WTI listed in New York gives up $ 61.27 per barrel.