Geopolitics Alpha

Governor Whitmer Asks For Food Tariffs To Be Eliminated

Published . Updated .

Covered by 4 outlets: WNWN-FM, WGHN, WKZO, WTVB.

Key takeaways

  • (Lansing, MI) - Michigan Governor Gretchen Whitmer is asking U.S.
  • Exposed: XLI, XRT, CAT, DE, WMT
  • Market reaction: XRT −1.3% on the day (still updating); XLI +0.8% on the day (still updating); CAT +1.8% on the day (still updating)

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Governor Whitmer Asks For Food Tariffs To Be Eliminated

(Lansing, MI) - Michigan Governor Gretchen Whitmer is asking U.S. Treasury Secretary Scott Bessent to end food...

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLI Industrial Select Sector SPDR-0.2% 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.

  • CAT Caterpillar-27.9% 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+0.1% 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+20.2% 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+8.2% 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+0.40%-3.60%base+0.79%after closeafter closeafter close
XRT+1.39%-3.19%base-1.26%after closeafter closeafter close
CAT+1.14%-4.42%base+1.79%after closeafter closeafter close
DE-1.67%-2.10%base+0.06%after closeafter closeafter close
WMT+2.97%-0.02%base-1.30%after closeafter closeafter close
NKE+4.73%-0.18%base-1.45%after 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.

Governor Whitmer asks for food tariffs to be eliminated WNWN-FM

Source: WNWN-FM

Select Sector Spdr Tr (XLI) since “Governor Whitmer Asks For Food Tariffs To Be Eliminated,” compared with the market

CompanyWhenMoveStatus
Caterpillar (CAT)that day+1.79%still updating
Caterpillar (CAT)three days earlier-4.42%final price
Caterpillar (CAT)five days earlier+1.14%final price
Deere (DE)that day+0.06%still updating
Deere (DE)three days earlier-2.10%final price
Deere (DE)five days earlier-1.67%final price
Nike (NKE)that day-1.45%still updating
Nike (NKE)three days earlier-0.18%final price
Nike (NKE)five days earlier+4.73%final price
Walmart (WMT)that day-1.30%still updating
Walmart (WMT)three days earlier-0.02%final price
Walmart (WMT)five days earlier+2.97%final price
Select Sector Spdr Tr (XLI)that day+0.79%still updating
Select Sector Spdr Tr (XLI)three days earlier-3.60%final price
Select Sector Spdr Tr (XLI)five days earlier+0.40%final price
Spdr Series Trust (XRT)that day-1.26%still updating
Spdr Series Trust (XRT)three days earlier-3.19%final price
Spdr Series Trust (XRT)five days earlier+1.39%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 is named in “Governor Whitmer Asks For Food Tariffs To Be Eliminated”

Companies tied to this story

  • XLI Select Sector Spdr Tr

    For “Governor Whitmer Asks For Food Tariffs To Be Eliminated,” 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 “Governor Whitmer Asks For Food Tariffs To Be Eliminated,” 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

  • CAT Caterpillar

    In “Governor Whitmer Asks For Food Tariffs To Be Eliminated,” 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 11 Nov 2026 story “Governor Whitmer Asks For Food Tariffs To Be Eliminated.” 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

    For “Governor Whitmer Asks For Food Tariffs To Be Eliminated,” 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

    In “Governor Whitmer Asks For Food Tariffs To Be Eliminated,” 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

How “Governor Whitmer Asks For Food Tariffs To Be Eliminated” reaches Select Sector Spdr Tr (XLI)

On 11 Nov 2026, “Governor Whitmer Asks For Food Tariffs To Be Eliminated” is the story that connects Select Sector Spdr Tr (XLI) to 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

Price levels for Select Sector Spdr Tr (XLI)

CAT traded between 550.88 and 770.00 across 20 sessions. The latest close on file is 584.51. 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)

69 out of 100Price not final

“Governor Whitmer Asks For Food Tariffs To Be Eliminated” scores 69 out of 100. The score uses 4 sources, and 6 linked companies. The price is not final yet.