Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds
Published . Updated .
Covered by 2 outlets: The Cool Down, Yahoo Finance.
Who covered it: Center 1 · Not rated 1. How we rate outlets
Key takeaways
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A U.S. importer facing up to $40 million in annual Canadian dairy tariffs is suing Trump's administration to end the charges and recover money already paid.
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 (“canadian”).
- 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.
- 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.
Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds The Cool Down
Source: The Cool Down
How far Select Sector Spdr Tr (XLI) has moved since 4 Nov 2026
| 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 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 “Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds.” 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 “Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds,” 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
- EWC Ishares Msci Canada Etf
In “Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds,” 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 (“canadian”)
- CAT Caterpillar
In “Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds,” Caterpillar (CAT) is linked, with no stored direction, 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
Deere (DE) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds.” 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
In “Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds,” 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
- NKE Nike
For “Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds,” Nike (NKE) is linked, with no stored direction, 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
Select Sector Spdr Tr (XLI)
On 4 Nov 2026, “Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds” 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)
EWC traded between 57.81 and 61.73 across 20 sessions. The latest close on file is 60.20. 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 Select Sector Spdr Tr (XLI)
54 out of 100
“Food importer facing up to $40 million in Canadian dairy tariffs sues Trump administration for refunds” scores 54 out of 100. The score uses 2 sources, and 7 linked companies.