China to extend pause on 24% additional tariffs on US goods
Published . Updated .
Key takeaways
- China will continue to suspend the 24 percent additional tariff rate on imports originating in the United States for two months while keeping the 10 percent additional tariff rate in place, according to the Customs Tariff Commission of the State Council on Monday.
- Exposed: XLI, XRT, KWEB, SMH, FXI
- Market reaction: XLI +4.2% on the day; XRT +3.7% on the day; CAT +7.1% on the day
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
China will continue to suspend the 24 percent additional tariff rate on imports originating in the United States for two months while keeping the 10 percent additional tariff rate in place, according to the Customs Tariff Commission of the State Council on Monday.
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-8.8% 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.
- 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-31.9% 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-2.2% 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.
- 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 | +4.34% | +4.15% | base | +4.24% | after close | after close | after close |
| XRT | +1.17% | +4.73% | base | +3.68% | after close | after close | after close |
| KWEB | -6.11% | -2.23% | base | -2.31% | after close | after close | after close |
| SMH | +9.57% | +8.79% | base | +5.09% | after close | after close | after close |
| FXI | -4.96% | -1.02% | base | -0.84% | after close | after close | after close |
| CAT | +9.84% | +5.82% | base | +7.10% | after close | after close | after close |
| DE | -0.85% | +0.44% | base | +3.33% | after close | after close | after close |
| NKE | +1.40% | +4.92% | base | +3.80% | 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.
China to extend pause on 24% additional tariffs on US goods chinadailyhk
Source: chinadailyhk
How far Select Sector Spdr Tr (XLI) has moved since 9 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Caterpillar (CAT) | that day | +7.10% | final price |
| Caterpillar (CAT) | three days earlier | +5.82% | final price |
| Caterpillar (CAT) | five days earlier | +9.84% | final price |
| Deere (DE) | that day | +3.33% | final price |
| Deere (DE) | three days earlier | +0.44% | final price |
| Deere (DE) | five days earlier | -0.85% | final price |
| Ishares China Large-Cap Etf (FXI) | that day | -0.84% | final price |
| Ishares China Large-Cap Etf (FXI) | three days earlier | -1.02% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | -4.96% | final price |
| Kraneshares Csi China Internet Etf (KWEB) | that day | -2.31% | final price |
| Kraneshares Csi China Internet Etf (KWEB) | three days earlier | -2.23% | final price |
| Kraneshares Csi China Internet Etf (KWEB) | five days earlier | -6.11% | final price |
| Nike (NKE) | that day | +3.80% | final price |
| Nike (NKE) | three days earlier | +4.92% | final price |
| Nike (NKE) | five days earlier | +1.40% | final price |
| Vaneck Etf Trust (SMH) | that day | +5.09% | final price |
| Vaneck Etf Trust (SMH) | three days earlier | +8.79% | final price |
| Vaneck Etf Trust (SMH) | five days earlier | +9.57% | final price |
| Select Sector Spdr Tr (XLI) | that day | +4.24% | final price |
| Select Sector Spdr Tr (XLI) | three days earlier | +4.15% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | +4.34% | final price |
| Spdr Series Trust (XRT) | that day | +3.68% | final price |
| Spdr Series Trust (XRT) | three days earlier | +4.73% | final price |
| Spdr Series Trust (XRT) | five days earlier | +1.17% | 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 42 days before publication. Filed 12 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 73 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 74 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 80 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 is named in “China to extend pause on 24% additional tariffs on US goods”
Likely to feel the cost
- CAT Caterpillar
In “China to extend pause on 24% additional tariffs on US goods,” Caterpillar (CAT) tends to be hurt, medium confidence. 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
For “China to extend pause on 24% additional tariffs on US goods,” Deere (DE) tends to be hurt, 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
- NKE Nike
For “China to extend pause on 24% additional tariffs on US goods,” Nike (NKE) tends to be hurt, medium confidence. 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
No up or down call on file
- XLI Select Sector Spdr Tr
In “China to extend pause on 24% additional tariffs on US goods,” 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
In “China to extend pause on 24% additional tariffs on US goods,” 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 to extend pause on 24% additional tariffs on US goods,” 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
For “China to extend pause on 24% additional tariffs on US goods,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “china” (semiconductors) in this story
How “China to extend pause on 24% additional tariffs on US goods” reaches Select Sector Spdr Tr (XLI)
The 9 Nov 2026 story “China to extend pause on 24% additional tariffs on US goods” names Select Sector Spdr Tr (XLI) because of this story.
For Select Sector Spdr Tr (XLI), the reason on file says Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
Spdr Series Trust (XRT) is here too. Its reason reads: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
The price range for Select Sector Spdr Tr (XLI), and the dates in the story
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)
46 out of 100
“China to extend pause on 24% additional tariffs on US goods” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.