India, April 14 -- French stocks are holding firm on Monday after a bright start, with investors indulging in some hectic buying across the board, reacting to U.S. President Donald Trump's announcement on Friday that smartphones, computers, and other devices and components such as semiconductors, will be exempted from reciprocal tariffs for now.
However, there is still some uncertainty about Trump's moves, as commerce secretary Howard Lutnick later clarified that these exemptions are not permanent. Trump later said on Truth Social that they are still subject to the existing 20% Fentanyl tariffs, but just moving to another bracket.
The focus is also on trade talks between the U.S. and the European Union. EU Trade Commissioner Maros Sefcovi...