FTA shields South Korea kimchi as tariffs hit China, exports broaden
Published . Updated .
Next year marks 20 years since Korea signed a free trade agreement (FTA) with the United States, the world’s leading economy, in 2007.
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR-1.5% 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-12.3% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “china” (semiconductors) in this story.
- EWY iShares MSCI South Korea ETF-19.2% 30d
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“south korea”).
- FXI iShares China Large-Cap ETF-5.0% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- CAT Caterpillar-23.7% 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-1.3% 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 |
|---|---|---|---|---|---|---|---|
| XLINo price data for this ticker | — | — | — | — | — | — | — |
| XRTNo price data for this ticker | — | — | — | — | — | — | — |
| KWEBNo price data for this ticker | — | — | — | — | — | — | — |
| SMHNo price data for this ticker | — | — | — | — | — | — | — |
| EWYNo price data for this ticker | — | — | — | — | — | — | — |
| FXINo price data for this ticker | — | — | — | — | — | — | — |
| CATNo price data for this ticker | — | — | — | — | — | — | — |
| 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.
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FTA shields South Korea kimchi as tariffs hit China, exports broaden Chosunbiz
Source: Chosunbiz
Congressional trades in Select Sector Spdr Tr (XLI) around 2 Nov 2026
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 carried with this story
- XLI Select Sector Spdr Tr
Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “FTA shields South Korea kimchi as tariffs hit China, exports broaden.” 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
Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “FTA shields South Korea kimchi as tariffs hit China, exports broaden.” 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 “FTA shields South Korea kimchi as tariffs hit China, exports broaden,” 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 “FTA shields South Korea kimchi as tariffs hit China, exports broaden,” 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
- EWY Ishares Msci South Korea Etf
For “FTA shields South Korea kimchi as tariffs hit China, exports broaden,” Ishares Msci South Korea Etf (EWY) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“south korea”)
- FXI Ishares China Large-Cap Etf
In “FTA shields South Korea kimchi as tariffs hit China, exports broaden,” 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 2 Nov 2026 story “FTA shields South Korea kimchi as tariffs hit China, exports broaden.” 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 “FTA shields South Korea kimchi as tariffs hit China, exports broaden,” Deere (DE) is linked, with no stored direction, 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
Select Sector Spdr Tr (XLI)
The 2 Nov 2026 story “FTA shields South Korea kimchi as tariffs hit China, exports broaden” 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
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 167.42.
What the saved facts support for Select Sector Spdr Tr (XLI)
46 out of 100
“FTA shields South Korea kimchi as tariffs hit China, exports broaden” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.