Geopolitics Alpha

China, U.S. hold first Board of Trade meeting on tariffs, farm trade

Published . Updated .

Key takeaways

  • China and the United States held the first meeting of their Board of Trade by video link on Friday,
  • Exposed: XLI, XRT, DBA, KWEB, FXI
  • Market reaction: price tracking starts with the next trading session.

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, U.S. hold first Board of Trade meeting on tariffs, farm trade

China and the United States held the first meeting of their Board of Trade by video link on Friday,

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLI Industrial Select Sector SPDR+0.6% 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.

  • DBA Invesco DB Agriculture Fund-5.1% 30d

    Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “farm” (grains and farm goods) in this story.

  • KWEB KraneShares CSI China Internet ETF-6.3% 30d

    KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story.

  • FXI iShares China Large-Cap ETF-2.8% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • CAT Caterpillar-28.4% 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-1.2% 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+5.4% 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

TickerT-5T-3T-1T0T+1T+2T+3
XLI+0.05%+1.29%baseafter closeafter closeafter closeafter close
XRT+1.88%+1.40%baseafter closeafter closeafter closeafter close
DBA-1.70%-0.70%baseafter closeafter closeafter closeafter close
KWEB+5.97%+3.23%baseafter closeafter closeafter closeafter close
FXI+3.46%+1.27%baseafter closeafter closeafter closeafter close
CAT-0.24%+0.24%baseafter closeafter closeafter closeafter close
DE+2.61%+2.63%baseafter closeafter closeafter closeafter close
NKE+4.97%+0.89%baseafter closeafter closeafter closeafter 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, U.S. hold first Board of Trade meeting on tariffs, farm trade 巴士的報

Source: 블루밍비트

Price since this story was published: Select Sector Spdr Tr (XLI)

CompanyWhenMoveStatus
Caterpillar (CAT)three days earlier+0.24%final price
Caterpillar (CAT)five days earlier-0.24%final price
Invesco Db Agriculture Fund (DBA)three days earlier-0.70%final price
Invesco Db Agriculture Fund (DBA)five days earlier-1.70%final price
Deere (DE)three days earlier+2.63%final price
Deere (DE)five days earlier+2.61%final price
Ishares China Large-Cap Etf (FXI)three days earlier+1.27%final price
Ishares China Large-Cap Etf (FXI)five days earlier+3.46%final price
Kraneshares Csi China Internet Etf (KWEB)three days earlier+3.23%final price
Kraneshares Csi China Internet Etf (KWEB)five days earlier+5.97%final price
Nike (NKE)three days earlier+0.89%final price
Nike (NKE)five days earlier+4.97%final price
Select Sector Spdr Tr (XLI)three days earlier+1.29%final price
Select Sector Spdr Tr (XLI)five days earlier+0.05%final price
Spdr Series Trust (XRT)three days earlier+1.40%final price
Spdr Series Trust (XRT)five days earlier+1.88%final price

Trades by members of Congress and officials in the stocks in this story

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)

The side that tends to be hurt

  • DE Deere

    Deere (DE) tends to be hurt, medium confidence in the 14 Nov 2026 story “China, U.S. hold first Board of Trade meeting on tariffs, farm trade.” 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

  • CAT Caterpillar

    For “China, U.S. hold first Board of Trade meeting on tariffs, farm trade,” 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

  • NKE Nike

    Nike (NKE) tends to be hurt, medium confidence in the 14 Nov 2026 story “China, U.S. hold first Board of Trade meeting on tariffs, farm trade.” 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

    Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 14 Nov 2026 story “China, U.S. hold first Board of Trade meeting on tariffs, farm trade.” 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, U.S. hold first Board of Trade meeting on tariffs, farm trade,” 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

  • DBA Invesco Db Agriculture Fund

    In “China, U.S. hold first Board of Trade meeting on tariffs, farm trade,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “farm” (grains and farm goods) in this story

  • KWEB Kraneshares Csi China Internet Etf

    In “China, U.S. hold first Board of Trade meeting on tariffs, farm trade,” 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

Select Sector Spdr Tr (XLI)

Select Sector Spdr Tr (XLI) is the company in “China, U.S. hold first Board of Trade meeting on tariffs, farm trade,” the 14 Nov 2026 this story story.

Select Sector Spdr Tr (XLI) is on the page because 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

Dates in the story, and the Select Sector Spdr Tr (XLI) price range

DBA traded between 26.80 and 28.86 across 20 sessions. The latest close on file is 26.80. 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, U.S. hold first Board of Trade meeting on tariffs, farm trade” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.