EU may have mistakenly targeted American bourbon in counter tariffs - French PM
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
EU's Misstep in Tariff Response: French Prime Minister François Bayrou suggested that the European Union may have incorrectly included American bourbon in its retaliatory tariffs against U.S. products, indicating that the measures were based on outdated information.
Escalating Trade Tensions: The trade conflict intensified as President Trump imposed 25% tariffs on steel and aluminum imports, prompting the EU to announce counter tariffs on $28 billion worth of U.S. goods, while Trump threatened a 200% tariff on all alcoholic imports from the EU.
Analyst Views on VDC
Wall Street analysts forecast VDC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VDC 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: 224.580
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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.
