China Hits Its Largest US Import, Soybeans, With Tariffs Along With Other Agricultural Products: Here's A List Of Stocks, ETFs That Could Be Impacted
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
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Source: Benzinga
Tariff Imposition and Retaliation: Following President Trump's 10% tariff on Chinese imports, China retaliated with tariffs on $22 billion worth of U.S. agricultural products, including soybeans, chicken, pork, and corn, effective March 10.
Market Impact and Economic Outlook: The tariffs are expected to affect various agricultural companies and ETFs, while analysts express mixed views on inflation and recession risks, with some officials downplaying fears of an economic downturn.
Analyst Views on SPY
Wall Street analysts forecast SPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 688.980
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Current: 688.980
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
