The U.S. trade deficit has spiked to record highs amid tariffs fears
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 06 2025
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Source: SeekingAlpha
Trade Deficit Increase: The U.S. trade deficit surged 34% to a record high of $131.4 billion in January, driven by significant increases in imports, particularly in industrial supplies and pharmaceuticals, while exports saw modest growth.
Impact of Tariffs: Economists suggest that the rise in the trade deficit is linked to pre-tariff stockpiling and a surge in gold imports due to tariff threats, indicating potential economic implications for GDP growth this quarter.
Analyst Views on JETS
Wall Street analysts forecast JETS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JETS 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: 28.950
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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.
