Tariff Proposal: Mexico's Congress is set to vote on President Claudia Sheinbaum's proposal to impose tariffs of up to 50% on Chinese imports to protect domestic manufacturers and ease trade tensions with the U.S.
Impact on U.S. Relations: The proposed tariffs may pave the way for tariff relief from the U.S. on Mexican steel and aluminum, indicating a potential shift in trade dynamics between the two countries.
Legislative Timeline: The bill is currently being debated by a lower-house commission, with plans for a vote in both the House and Senate before Congress's year-end recess on December 15.
Broader Trade Context: The move comes amid ongoing discussions about steel tariffs in the EU and their implications for various industries, including automotive manufacturing.
Wall Street analysts forecast EWW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWW 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
Wall Street analysts forecast EWW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWW 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 Buy
0 Hold
0 Sell
Current: 75.360
Low
Averages
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Current: 75.360
Low
Averages
High
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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.
