Geopolitics Alpha

Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs

Published . Updated .

Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs

As Michigan votes in a tight Senate race shaped by the trade war, Canadian auto workers, shoppers and investors have real money riding on what comes next

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.

  • CARZ First Trust S-Network Future Vehicles & Technology ETF

    First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “auto” (autos) in this story.

  • EWC iShares MSCI Canada ETF+0.3% 30d

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

  • 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-0.9% 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+14.9% 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+7.1% 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
XLINo price data for this ticker———————
XRTNo price data for this ticker———————
CARZNo price data for this ticker———————
EWCNo price data for this ticker———————
CATNo price data for this ticker———————
DENo price data for this ticker———————
WMTNo price data for this ticker———————
NKE-2.04%-3.94%base+1.14%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.

Market Call

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Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs Yahoo! Finance Canada

Source: Yahoo Finance

Select Sector Spdr Tr (XLI) since this story, compared with the market

CompanyWhenMoveStatus
Nike (NKE)that day+1.14%final price
Nike (NKE)three days earlier-3.94%final price
Nike (NKE)five days earlier-2.04%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 Select Sector Spdr Tr (XLI)

Companies tied to 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 “Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs.” 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 “Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs.” 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

    For “Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs,” 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”)

  • CAT Caterpillar

    In “Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs,” 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 2 Nov 2026 story “Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs.” 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 “Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs,” 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 “Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs,” 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)

The 2 Nov 2026 story “Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs” names Select Sector Spdr Tr (XLI) because of this story.

For Select Sector Spdr Tr (XLI), the reason on file says 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 in the story, and the Select Sector Spdr Tr (XLI) price range

EWC traded between 57.81 and 61.73 across 20 sessions. The latest close on file is 60.61. 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

“Mike Rogers and Abdul El-Sayed both want Canada tariffs gone — why Michigan's Senate race matters for Canadian jobs” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.