Geopolitics Alpha

Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1

Published . Updated .

Key takeaways

  • The Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) will enter into force on Dec.
  • Exposed: EIDO, CAT, DE, WMT, NKE
  • 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.

Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1

The Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) will enter into force on Dec. 1, 2026, eliminating import duties on 3,100 tariff ...

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.

  • EWC iShares MSCI Canada ETF+2.0% 30d

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).

  • EIDO iShares MSCI Indonesia ETF-1.7% 6d

    iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”).

  • 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.

  • WMT Walmart+18.8% 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+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
EWC+1.51%+0.68%baseafter closeafter closeafter closeafter close
EIDO-2.64%-3.68%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
WMT-1.96%-1.88%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.

Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1 ANTARA News

Source: ANTARA News

Price since this story was published: Ishares Tr (EIDO)

CompanyWhenMoveStatus
Caterpillar (CAT)three days earlier+0.24%final price
Caterpillar (CAT)five days earlier-0.24%final price
Deere (DE)three days earlier+2.63%final price
Deere (DE)five days earlier+2.61%final price
Ishares Tr (EIDO)three days earlier-3.68%final price
Ishares Tr (EIDO)five days earlier-2.64%final price
Ishares Msci Canada Etf (EWC)three days earlier+0.68%final price
Ishares Msci Canada Etf (EWC)five days earlier+1.51%final price
Nike (NKE)three days earlier+0.89%final price
Nike (NKE)five days earlier+4.97%final price
Walmart (WMT)three days earlier-1.88%final price
Walmart (WMT)five days earlier-1.96%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 Ishares Tr (EIDO)

Companies mentioned with this story

  • EIDO Ishares Tr

    For “Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1,” Ishares Tr (EIDO) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”)

  • CAT Caterpillar

    Caterpillar (CAT) is linked, with no stored direction, medium confidence in the 15 Nov 2026 story “Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1.” 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

    In “Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1,” 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

  • WMT Walmart

    For “Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1,” 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

    Nike (NKE) is linked, with no stored direction, medium confidence in the 15 Nov 2026 story “Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1.” 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

  • XLI Select Sector Spdr Tr

    For “Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1,” 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 “Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1,” 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 “Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1,” 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 (“canada”)

Ishares Tr (EIDO)

On 15 Nov 2026, “Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1” is the story that connects Ishares Tr (EIDO) to this story.

The link for Ishares Tr (EIDO) is this: iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”)

Caterpillar (CAT) is here too. Its reason reads: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

Dates in the story, and the Ishares Tr (EIDO) price range

CAT traded between 550.88 and 742.69 across 20 sessions. The latest close on file is 605.29. DE traded between 625.97 and 698.08 across 20 sessions. The latest close on file is 678.85. EIDO traded between 11.63 and 11.99 across 6 sessions. The latest close on file is 11.73.

What the saved facts support for Ishares Tr (EIDO)

54 out of 100

“Indonesia-Canada CEPA to remove duties on 3,100 tariff lines Dec. 1” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.