<div id="readability-page-1" class="page"><div>The CAC 40 fell 1.0% to around 8,030 on Tuesday, continuing the downward trend from the previous session, as investors remained cautious over escalating tensions in Greenland.Donald Trump threatened a 200% tariff on French wine and champagne to pressure President Emmanuel Macron into joining his &#34;Board of Peace&#34; initiative.In response, LVMH dropped 1.8%, whereas Pernod Ricard showed little reaction, rising slightly by 0.4%.Other luxury stocks underperformed, with Kering leading losses, down 2.8%, and Hermès falling 1.5%.Other notable decliners included Legrand (-1.7%), Schneider Electric (-1.6%), Edenred (-1.3%), and Airbus (-1.2%).On the upside, Renault rose 2% after forecasting 2025 global sales of 2.34 million vehicles, up 3.2% and ahead of the 1.6% market growth, with all three brands exceeding the market.</div></div>

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The CAC 40 index fell 1.0% to approximately 8,030 amid trade tensions over French wine, as Donald Trump threatened a 200% tariff to pressure France. LVMH dropped 1.8%, while Pernod Ricard rose slightly by 0.4%. Other luxury stocks like Kering and Hermès also declined. Notable decliners included Legrand, Schneider Electric, Edenred, and Airbus. Conversely, Renault's stock rose 2% after forecasting higher global sales for 2025, exceeding market growth expectations.

CAC 40 Slides Amid Trade Tensions Over French Wine