Trump's Surprise Tariffs Just Crushed Japan's Stocks, Yen And More
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
U.S. Tariffs Announcement: President Trump announced a 25% tariff on goods imported from Japan and other Asian countries starting August 1, aiming to address trade imbalances and unfair practices, which led to a significant rise in the U.S. dollar against the Japanese yen.
Market Reactions: The announcement resulted in sharp declines for country-focused ETFs, particularly those related to Japan and South Korea, as investors brace for potential retaliatory measures and further volatility in global markets.
Analyst Views on EZA
Wall Street analysts forecast EZA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EZA 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: 73.520
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Current: 73.520
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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.
