Retaliation Odds Spike After Trump's Heavy Tariffs, Sending Country ETFs Tumbling
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Tariff Retaliation Predictions: Following Donald Trump's tariff announcement, speculation on retaliatory tariffs from major U.S. trading partners surged, with South Korea's odds rising to 79% and the European Union at 96%.
Market Impact: U.S.-listed country ETFs experienced significant declines as investors reacted to the potential for trade retaliation, with the VanEck Vietnam ETF dropping over 8% and other Asian ETFs also seeing losses.
Analyst Views on EWY
Wall Street analysts forecast EWY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWY 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: 115.990
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Current: 115.990
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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.
