Trump says August 1 tariff deadline stands
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 30 2025
0mins
Source: SeekingAlpha
Trump's Tariff Deadline: President Trump confirmed that the August 1 deadline for "reciprocal tariffs" will not be extended, emphasizing its importance for America. He announced a 25% tariff on goods imported from India starting on that date, citing penalties related to India's purchases from Russia.
Ongoing Trade Discussions: Following recent trade talks in Stockholm, U.S. Treasury Secretary Scott Bessent indicated that negotiations between U.S. and Chinese officials regarding their tariff truce would continue.
Analyst Views on SPXU
Wall Street analysts forecast SPXU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPXU 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: 49.110
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Current: 49.110
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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.
