EU vows to respond to U.S. tariffs with “firm and proportionate countermeasures”
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 11 2025
0mins
Source: SeekingAlpha
EU's Response to U.S. Tariffs: European Commission President Ursula von der Leyen announced that the EU will implement firm countermeasures against the U.S. tariffs on steel and aluminum, emphasizing the negative impact of tariffs on businesses and consumers.
Trump's Tariff Justification: President Trump signed executive orders imposing 25% tariffs on steel and aluminum imports, stating it is a step towards making America economically prosperous again, with no exemptions for major suppliers.
Analyst Views on SPEU
Wall Street analysts forecast SPEU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPEU 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.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 53.805
Low
Averages
High
Current: 53.805
Low
Averages
High
No data
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.
