Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin
Published . Updated .
Key takeaways
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.
This report is about tariffs and trade and defense.
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR-0.4% 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.
- ITA iShares U.S. Aerospace & Defense ETF+1.2% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- EZA iShares MSCI South Africa ETF+1.1% 6d
iShares MSCI South Africa ETF holds stocks listed in South Africa, which this story is about (“rand”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from South Africa.
- CAT Caterpillar-27.2% 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+0.7% 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 |
|---|---|---|---|---|---|---|---|
| XLI | -4.94% | -1.22% | base | -0.56% | after close | after close | after close |
| XRT | -1.37% | +0.47% | base | -1.72% | after close | after close | after close |
| ITA | -7.07% | -2.20% | base | -2.16% | after close | after close | after close |
| USO | +4.74% | +0.82% | base | +3.43% | after close | after close | after close |
| EZA | +0.16% | +3.47% | base | -2.02% | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | — | after close | after close | after close |
| CAT | -8.01% | -0.49% | base | +0.72% | after close | after close | after close |
| DE | -4.00% | -0.02% | base | -1.79% | 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.
Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin Benzinga
Source: Benzinga
Price since this story was published: Select Sector Spdr Tr (XLI)
| Company | When | Move | Status |
|---|---|---|---|
| Caterpillar (CAT) | that day | +0.72% | final price |
| Caterpillar (CAT) | three days earlier | -0.49% | final price |
| Caterpillar (CAT) | five days earlier | -8.01% | final price |
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Deere (DE) | that day | -1.79% | final price |
| Deere (DE) | three days earlier | -0.02% | final price |
| Deere (DE) | five days earlier | -4.00% | final price |
| Ishares (EZA) | that day | -2.02% | final price |
| Ishares (EZA) | three days earlier | +3.47% | final price |
| Ishares (EZA) | five days earlier | +0.16% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | -2.16% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | -2.20% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | -7.07% | final price |
| United States Oil Fund (USO) | that day | +3.43% | final price |
| United States Oil Fund (USO) | three days earlier | +0.82% | final price |
| United States Oil Fund (USO) | five days earlier | +4.74% | final price |
| Select Sector Spdr Tr (XLI) | that day | -0.56% | final price |
| Select Sector Spdr Tr (XLI) | three days earlier | -1.22% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | -4.94% | final price |
| Spdr Series Trust (XRT) | that day | -1.72% | final price |
| Spdr Series Trust (XRT) | three days earlier | +0.47% | final price |
| Spdr Series Trust (XRT) | five days earlier | -1.37% | final price |
Members of Congress who traded Select Sector Spdr Tr (XLI) near 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).
Select Sector Spdr Tr (XLI) on one side of this defense story
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 12 Nov 2026 story “Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin.” 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 12 Nov 2026 story “Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin.” 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
- ITA IShares U.S. Aerospace & Defense ETF
For “Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story
- USO United States Oil Fund
In “Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story
- EZA Ishares
In “Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin,” Ishares (EZA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI South Africa ETF holds stocks listed in South Africa, which this story is about (“rand”)
- CEW Wisdomtree Tr
Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin.” Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from South Africa
- CAT Caterpillar
In “Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin,” 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
For “Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin,” 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
How defense news reaches Select Sector Spdr Tr (XLI)
“Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin” (12 Nov 2026) reaches Select Sector Spdr Tr (XLI) through Defense.
The link for Select Sector Spdr Tr (XLI) 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
The price range for Select Sector Spdr Tr (XLI), and the dates in the story
ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.
A simple score for Select Sector Spdr Tr (XLI)
46 out of 100
“Rand Paul Blames Iran War, Trump’s Tariffs for GOP Losses: ‘Things Cost Too Much and People Are Strugglin” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.