Donald Trump's Expected Tariffs On Aluminum, Steel Imports May Impact Domestic Companies: Here's A List Of Metal ETFs That Could Be Affected
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
New Tariffs Announcement: President Trump announced a new 25% tariff on all steel and aluminum imports, which could affect domestic industries and lead to retaliatory measures from other countries.
Investor Guidance: Investors are advised to consider specific metal exchange-traded funds (ETFs) in light of the impending tariffs, while experts warn that these trade policies may escalate into a larger trade war.
Analyst Views on XME
Wall Street analysts forecast XME stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XME 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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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.
