(BFM Stock Exchange) – The Parisian index falls after the declarations of Donald Trump threatening to increase customs taxes on imported products from the European Union from June 1.

Slightly decreasing 0.4%, the Paris Stock Exchange violently won this Friday after a new customs threat from Donald Trump. The CAC 40 drops further from 2.6% to 7,673.54 points, around 2:30 p.m. after dropping more than 3%.

The American president threatened to impose customs taxes of 50% on the products imported from the European Union from June 1. Donald Trump used his favorite weapon, namely customs duties, justifying his appeal by very difficult “commercial negotiations with the old continent.

“It is very difficult to deal with the EU, which was created in the first place to take advantage of the United States from a commercial point of view. (…) Our discussions are not going out. In these conditions I recommend that I impose 50% customs duties on the EU, from June 1. There are no customs duties on products manufactured in the United States,” wrote Donald Trump on his Truth Social platform.

“The American president also recalled a long list of grievances against the European Union, among which we find VAT, accusations of manipulation of the currency, or even attacks against American companies,” said CPRAM economists in a note published this Friday afternoon.

The values ​​of luxury and the automotive sector are on the front line of these heavy releases. Essilorluxotica abandoned 5.4%, Hermès returns 4%, LVMH sold 3.1%. The automaker Stellantis, also very exposed to the United States, folded by 4.3%. As for spirits, Rémy Cointreau drops 5.5% when Pernod Ricard folded up by 4.2%.

Elsewhere in Europe, the Dax 40 in Frankfurt returns 2.20%, the FTSE MIB in Milan folds by 2.50% in reaction to the new pricing threats of Donald Trump.

Apple in the viewfinder of Donald Trump

The opening to Wall Street will also be placed under the sign of the decline. The Dow Jones is expected to fall back 1.2%, the S&P 500 should sell 1.40% and the NASDAQ should drop 1.8% at the opening. Apple is also in the viewfinder of the American president who threatened the 25% customs duties tech giant on the iPhone manufactured outside American soil.

“It has been a long time since I informed Tim Cook of Apple that I expected that the iPhone that will be sold in the United States of America are manufactured and built in the United States, not in India or elsewhere,” said Donald Trump on Truth Social.

The title of the apple brand accuses the blow, and drops 3.6% before the opening.

In early April, Bank of America analysts had estimated that an “made in USA” iPhone would cost 90% more to produce, taking into account the importation of the new “reciprocal” customs rights in force at the time of writing this note.