(BFM Stock Exchange) – The Parisian index opened up sharply on Wednesday after the American president said that he would significantly drop customs duties to China.

Donald Trump changes his rifle against China and the CAC 40 appreciates. The Parisian index increased more than 1% this Wednesday, April 23 and took 2.15% around 10:30 am, French time.

All European markets evolve sharply. The Dax 40 climbs 2.7%, the Milan FTSE MIB takes 1.1%while the London FTSE 100 wins 1.6%.

While the United States and China have been committed for several weeks in a real bidding on customs surcharge, Donald Trump clearly softened the tone on Tuesday evening.

The American president told journalists that the 145% customs surcharge imposed on China were “very high” and that they were going to drop substantially “.

“They will in no way remain close to this figure,” he said, adding, however, that “we will not come back to zero”.

China ready to discuss

The spokesman for the Ministry of Foreign Affairs, Guo Jiakun, reacted to this outstretched hand by declaring that the doors were “wide open” to chat with Washington.

Stephen Innes, market analyst at SPI AM, evokes “the first significant decline that we have seen for weeks”, and believes that these first statements are just sufficient to calm fears around the trade war between the two countries.

The American Treasury Secretary, Scott Bessent, admitted to him that the situation between China and the United States was no longer tenable. “Bessent actually planted a flag in the middle of chaos”, judge Stephen Innes.

However, “he remains to be seen if Trump will not yet change positioning in his next salvo of messages on social networks”, tempers Lloyd Chan, analyst at MUFG, quoted by AFP.