Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs
Published . Updated .
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EDMONTON - Alberta Premier Danielle Smith says sweeping Democrat wins in the U.S. midterm elections are a vindication of her approach to the cross-border trade war.
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR-0.3% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- EWC iShares MSCI Canada ETF+0.9% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“alberta”).
- CAT Caterpillar-23.2% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- DE Deere-2.9% 30d
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- WMT Walmart+12.9% 30d
Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- NKE Nike+6.7% 30d
Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLI | -1.66% | -2.29% | base | -1.11% | after close | after close | after close |
| XRT | -2.30% | -0.06% | base | +5.53% | after close | after close | after close |
| EWC | +2.17% | +0.68% | base | +2.78% | after close | after close | after close |
| CAT | +14.53% | -0.17% | base | -5.22% | after close | after close | after close |
| DE | -3.81% | +1.40% | base | +1.42% | after close | after close | after close |
| WMT | -4.79% | -1.04% | base | +4.22% | after close | after close | after close |
| NKE | -3.40% | +0.56% | base | +5.20% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs Toronto Star
Source: Toronto Star
Price since this story was published: Nike (NKE)
| Company | When | Move | Status |
|---|---|---|---|
| Caterpillar (CAT) | that day | -5.22% | final price |
| Caterpillar (CAT) | three days earlier | -0.17% | final price |
| Caterpillar (CAT) | five days earlier | +14.53% | final price |
| Deere (DE) | that day | +1.42% | final price |
| Deere (DE) | three days earlier | +1.40% | final price |
| Deere (DE) | five days earlier | -3.81% | final price |
| Ishares Msci Canada Etf (EWC) | that day | +2.78% | final price |
| Ishares Msci Canada Etf (EWC) | three days earlier | +0.68% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | +2.17% | final price |
| Nike (NKE) | that day | +5.20% | final price |
| Nike (NKE) | three days earlier | +0.56% | final price |
| Nike (NKE) | five days earlier | -3.40% | final price |
| Walmart (WMT) | that day | +4.22% | final price |
| Walmart (WMT) | three days earlier | -1.04% | final price |
| Walmart (WMT) | five days earlier | -4.79% | final price |
| Select Sector Spdr Tr (XLI) | that day | -1.11% | final price |
| Select Sector Spdr Tr (XLI) | three days earlier | -2.29% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | -1.66% | final price |
| Spdr Series Trust (XRT) | that day | +5.53% | final price |
| Spdr Series Trust (XRT) | three days earlier | -0.06% | final price |
| Spdr Series Trust (XRT) | five days earlier | -2.30% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 37 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 33 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 37 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Nike (NKE), worth $15,001 - $50,000 on 28 Aug 2026. That is 68 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Nike (NKE), worth $15,001 - $50,000 on 27 Aug 2026. That is 69 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Nike (NKE), worth $100,001 - $250,000 on 21 Aug 2026. That is 75 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Nike (NKE)
Companies carried with this story
- NKE Nike
Nike (NKE) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs.” Reason on file: Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- XLI Select Sector Spdr Tr
For “Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- XRT Spdr Series Trust
Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs.” Reason on file: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- EWC Ishares Msci Canada Etf
In “Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“alberta”)
- CAT Caterpillar
Caterpillar (CAT) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs.” Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- DE Deere
In “Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs,” Deere (DE) is linked, with no stored direction, medium confidence. Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- WMT Walmart
For “Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
Nike (NKE)
Nike (NKE) is the company in “Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs,” the 4 Nov 2026 this story story.
The link for Nike (NKE) is this: Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
Also listed, Select Sector Spdr Tr (XLI): Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
The price range for Nike (NKE), and the dates in the story
NKE traded between 33.81 and 39.55 across 20 sessions. The latest close on file is 38.48. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.
What the saved facts support for Nike (NKE)
46 out of 100
“Alberta Premier Smith says U.S. midterm results ‘vindicate’ her approach to tariffs” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.