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CAC 40 Plummets Amid Renewed Trade War Fears, Luxury and Auto Stocks Bear Brunt
CAC 40 Plummets Amid Renewed Trade War Fears, Luxury and Auto Stocks Bear Brunt
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Parisian equities face a brutal selloff as the CAC 40 index collapses 6.5% in days, with Donald Trump’s new tariffs on Chinese and European imports igniting global trade war anxieties. The April 3 session alone saw a 2.25% drop, mirroring market skittishness reminiscent of 2018’s tariff escalations.
Luxury and automotive sectors—highly exposed to international trade flows—lead the decline. Equity ETFs tracking major indices like the CAC 40 and S&P 500 mirror the downward spiral. "Markets are pricing in a protracted conflict," notes a Banque de France strategist, with volatility indicators spiking to February highs.
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