India, June 12 -- French stocks are down in negative territory on Thursday as renewed concerns about tariffs and Middle East tensions weigh on sentiment.
Trade tensions had eased a bit on Wednesday after U.S. and Chinese officials reached a framework to implement the Geneva consensus. However, lack of specifics in the framework has raised uncertainty about the two nations reaching an agreement anytime soon.
Also, there is uncertainty about the European Union securing a deal before U.S. President Donald Trump's July 8 deadline for tariffs on imports from EU countries.
Meanwhile, the U.S. President expressed diminished confidence in reaching a nuclear deal with Iran, emphasizing that Iran must not acquire nuclear weapons.
There is more ne...