The CAC 40 edged higher to trade around 7,652 on Thursday, extending modest gains from the previous session, as the latest round of US tariffs took effect today. The reciprocal tariffs targeted dozens of trade partners, including the European Union, which now faces a 15% tariff rate. On the domestic economic front, France's trade deficit stood at €7.6 billion in June 2025 - matching May’s eight-month high and slightly exceeding the expected of €7.5 billion. Exports rose by 3.4% month-over-month to €50.6 billion, with a notable 6.3% increase in shipments to the Washington amid the evolving US tariffs on EU goods. Meanwhile, imports rose at a slower pace, up 2.9% from the previous month, to €58.3 billion. Among individual stocks, ArcelorMittal led the CAC 40 with a 4.3% gain, followed by Accor, which added 2.6%, and Edenred, up 1.2%. On the downside, STMicroelectronics was the worst performer, falling 1.8% after President Trump announced a 100% tariff on imported semiconductor chips.