India, March 26 -- French stocks are down in negative territory on Wednesday as investors assess the impact of impending reciprocal tariffs from U.S. President Donald Trump that are set to take effect next week.
Investors are also awaiting clarity on proposed new levies on autos, pharmaceuticals, and on nations that import crude from Venezuela. Data showing a drop in French consumer sentiment in the month of March is also weighing on sentiment.
The benchmark CAC 40, which dropped to 8,032.95 earlier in the session, was down 46.93 points or 0.58% at 8,061.66 a few minutes ago.
Michelin, the biggest loser in the benchmark index, is down 4.8%. Sanofi is declining 2.5% and ArcelorMittal is down nearly 2%.
Hermes International, STMicroElectr...