China, US discuss tariffs, farm trade ahead of Xi-Trump meeting
Published . Updated .
Covered by 9 outlets: The New Arab, LBCI Lebanon, The Edge Malaysia, The Straits Times, CNBC, The Lufkin Daily News and 3 more.
Who covered it: Center 1 · Not rated 8. How we rate outlets
Key takeaways
- China and the US discussed tariff cuts, agricultural trade and other issues at their first trade council meeting on Friday, China's Commerce Ministry said on Saturday, days ahead of an expected leaders' meeting in Shenzhen next week.
- Exposed: XLI, XRT, DBA, KWEB, FXI
- Market reaction: price tracking starts with the next trading session.
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China and the US discussed tariff cuts, agricultural trade and other issues at their first trade council meeting on Friday, China's Commerce Ministry said on Saturday, days ahead of an expected leaders' meeting in Shenzhen next week.
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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLI | +0.05% | +1.29% | base | after close | after close | after close | after close |
| XRT | +1.88% | +1.40% | base | after close | after close | after close | after close |
| DBA | -1.70% | -0.70% | base | after close | after close | after close | after close |
| KWEB | +5.97% | +3.23% | base | after close | after close | after close | after close |
| FXI | +3.46% | +1.27% | base | after close | after close | after close | after close |
| CAT | -0.24% | +0.24% | base | after close | after close | after close | after close |
| DE | +2.61% | +2.63% | base | after close | after close | after close | after close |
| NKE | +4.97% | +0.89% | base | after close | 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, US discuss tariffs, farm trade ahead of Xi-Trump meeting The New Arab
Source: The New Arab
How far Select Sector Spdr Tr (XLI) has moved since 14 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| 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
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 47 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 78 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 79 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 85 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 Select Sector Spdr Tr (XLI)
Companies that tend to pay
- DE Deere
Deere (DE) tends to be hurt, medium confidence in the 14 Nov 2026 story “China, US discuss tariffs, farm trade ahead of Xi-Trump meeting.” 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
Caterpillar (CAT) tends to be hurt, medium confidence in the 14 Nov 2026 story “China, US discuss tariffs, farm trade ahead of Xi-Trump meeting.” 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
For “China, US discuss tariffs, farm trade ahead of Xi-Trump meeting,” 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
For “China, US discuss tariffs, farm trade ahead of Xi-Trump meeting,” 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, US discuss tariffs, farm trade ahead of Xi-Trump meeting,” 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
Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 14 Nov 2026 story “China, US discuss tariffs, farm trade ahead of Xi-Trump meeting.” 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
For “China, US discuss tariffs, farm trade ahead of Xi-Trump meeting,” 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)
The 14 Nov 2026 story “China, US discuss tariffs, farm trade ahead of Xi-Trump meeting” names Select Sector Spdr Tr (XLI) because of this 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
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
Dates and price levels for Select Sector Spdr Tr (XLI)
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.
How strong the case is around Select Sector Spdr Tr (XLI)
100 out of 100
“China, US discuss tariffs, farm trade ahead of Xi-Trump meeting” scores 100 out of 100. The score uses 11 sources, and 8 linked companies.