China extends tariff relief for Canadian canola, lobster and crab
Published . Updated .
Covered by 2 outlets: CBC, Yahoo News Canada.
Key takeaways
- The federal government announced on Wednesday that China will extend its soon-to-expire tariff-free treatment for some Canadian agricultural and seafood products for another two years.
- Exposed: XLI, XRT, KWEB, SMH, EWC
- Market reaction: XRT +5.5% on the day (still updating); XLI −1.1% on the day (still updating); BABA +6.6% on the day (still updating)
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The federal government announced on Wednesday that China will extend its soon-to-expire tariff-free treatment for some Canadian agricultural and seafood products for another two years.
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.
- KWEB KraneShares CSI China Internet ETF-4.6% 30d
KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story.
- SMH VanEck Semiconductor ETF-16.4% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “china” (semiconductors) 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 (“canadian”).
- FXI iShares China Large-Cap ETF-5.1% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- 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-0.6% 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.
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 | -1.09% | after close | after close | after close |
| XRT | -2.30% | -0.06% | base | +5.48% | after close | after close | after close |
| KWEB | -1.33% | -2.26% | base | +5.03% | after close | after close | after close |
| SMH | +9.58% | +0.86% | base | -2.21% | after close | after close | after close |
| EWC | +2.17% | +0.68% | base | +2.32% | after close | after close | after close |
| FXI | -2.21% | -0.21% | base | +4.29% | after close | after close | after close |
| CAT | +14.53% | -0.17% | base | -5.67% | after close | after close | after close |
| DENo price data for this ticker | — | — | — | — | — | — | — |
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.
China extends tariff relief for Canadian canola, lobster and crab CBC
Source: CBC
Select Sector Spdr Tr (XLI) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Caterpillar (CAT) | that day | -5.67% | still updating |
| Caterpillar (CAT) | three days earlier | -0.17% | final price |
| Caterpillar (CAT) | five days earlier | +14.53% | final price |
| Ishares Msci Canada Etf (EWC) | that day | +2.32% | still updating |
| Ishares Msci Canada Etf (EWC) | three days earlier | +0.68% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | +2.17% | final price |
| Ishares China Large-Cap Etf (FXI) | that day | +4.29% | still updating |
| Ishares China Large-Cap Etf (FXI) | three days earlier | -0.21% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | -2.21% | final price |
| Kraneshares Csi China Internet Etf (KWEB) | that day | +5.03% | still updating |
| Kraneshares Csi China Internet Etf (KWEB) | three days earlier | -2.26% | final price |
| Kraneshares Csi China Internet Etf (KWEB) | five days earlier | -1.33% | final price |
| Vaneck Etf Trust (SMH) | that day | -2.21% | still updating |
| Vaneck Etf Trust (SMH) | three days earlier | +0.86% | final price |
| Vaneck Etf Trust (SMH) | five days earlier | +9.58% | final price |
| Select Sector Spdr Tr (XLI) | that day | -1.09% | still updating |
| 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 | +5.48% | still updating |
| Spdr Series Trust (XRT) | three days earlier | -0.06% | final price |
| Spdr Series Trust (XRT) | five days earlier | -2.30% | final price |
Congressional stock trades in Select Sector Spdr Tr (XLI)
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 Select Sector Spdr Tr (XLI)
Companies mentioned with this story
- XLI Select Sector Spdr Tr
Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “China extends tariff relief for Canadian canola, lobster and crab.” 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
For “China extends tariff relief for Canadian canola, lobster and crab,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. 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
- KWEB Kraneshares Csi China Internet Etf
For “China extends tariff relief for Canadian canola, lobster and crab,” Kraneshares Csi China Internet Etf (KWEB) is linked, with no stored direction, medium confidence. Reason on file: KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story
- SMH Vaneck Etf Trust
Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “China extends tariff relief for Canadian canola, lobster and crab.” Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “china” (semiconductors) in this story
- EWC Ishares Msci Canada Etf
Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “China extends tariff relief for Canadian canola, lobster and crab.” Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”)
- FXI Ishares China Large-Cap Etf
For “China extends tariff relief for Canadian canola, lobster and crab,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
- CAT Caterpillar
Caterpillar (CAT) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “China extends tariff relief for Canadian canola, lobster and crab.” 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
- BABA Alibaba Group Holding
In “China extends tariff relief for Canadian canola, lobster and crab,” Alibaba Group Holding (BABA) is linked, with no stored direction, medium confidence. Reason on file: Alibaba Group Holding (business services, with business in China): Chinese tech names move with Beijing policy and US-China relations. Linked by “china” (Chinese tech) in this story
Select Sector Spdr Tr (XLI)
On 4 Nov 2026, “China extends tariff relief for Canadian canola, lobster and crab” is the story that connects Select Sector Spdr Tr (XLI) to this story.
What ties Select Sector Spdr Tr (XLI) to the headline is this: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
A second company, Spdr Series Trust (XRT), is listed for a different reason: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
Price levels for Select Sector Spdr Tr (XLI)
KWEB traded between 22.90 and 25.02 across 20 sessions. The latest close on file is 23.13. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.
A simple score for Select Sector Spdr Tr (XLI)
62 out of 100Price not final
“China extends tariff relief for Canadian canola, lobster and crab” scores 62 out of 100. The score uses 3 sources, and 8 linked companies. The price is not final yet.