Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs
Published . Updated .
Key takeaways
- Customs authorities in India are holding dozens of bulk Scotch shipments imported by Pernod Ricard and Diageo over a tariff dispute with New Delhi, Reuters reported Wednesday, citing four people with...
- Exposed: XLI, XRT, INDA, CAT, DE
- 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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Customs authorities in India are holding dozens of bulk Scotch shipments imported by Pernod Ricard and Diageo over a tariff dispute with New Delhi, Reuters reported Wednesday, citing four people with...
Directly affected
- DEO Diageo+6.0% 15d
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.
- INDA iShares MSCI India ETF-4.2% 13d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).
- 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DEO | -3.77% | -1.74% | base | -2.38% | after close | after close | after close |
| XLI | +0.40% | -3.60% | base | +0.79% | after close | after close | after close |
| XRT | +1.39% | -3.19% | base | -1.26% | after close | after close | after close |
| INDA | -3.19% | -1.53% | base | -0.41% | after close | after close | after close |
| CAT | +1.14% | -4.42% | base | +1.79% | after close | after close | after close |
| DE | -1.67% | -2.10% | base | +0.06% | after close | after close | after close |
| WMT | +2.97% | -0.02% | base | -1.30% | after close | after close | after close |
| NKE | +4.73% | -0.18% | base | -1.45% | 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.
Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs marketscreener.com
Source: marketscreener.com
Price since this story was published: Select Sector Spdr Tr (XLI)
| Company | When | Move | Status |
|---|---|---|---|
| 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 |
| DEO | that day | -2.38% | still updating |
| DEO | three days earlier | -1.74% | final price |
| DEO | five days earlier | -3.77% | final price |
| Ishares Tr (INDA) | that day | -0.41% | still updating |
| Ishares Tr (INDA) | three days earlier | -1.53% | final price |
| Ishares Tr (INDA) | five days earlier | -3.19% | 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
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 44 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 29 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 35 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 40 days before publication. Filed 27 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Nike (NKE), worth $15,001 - $50,000 on 28 Aug 2026. That is 75 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Nike (NKE), worth $15,001 - $50,000 on 27 Aug 2026. That is 76 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Nike (NKE), worth $100,001 - $250,000 on 21 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
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
In “Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs,” 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
Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs.” 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
- INDA Ishares Tr
In “Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs,” Ishares Tr (INDA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”)
- CAT Caterpillar
In “Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs,” 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
In “Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs,” 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
In “Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs,” 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 “Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs,” 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)
Select Sector Spdr Tr (XLI) is the company in “Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs,” the 11 Nov 2026 this story 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
Spdr Series Trust (XRT) is here too. Its reason reads: 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 and price levels for Select Sector Spdr Tr (XLI)
INDA traded between 45.35 and 47.23 across 10 sessions. The latest close on file is 46.04. 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 100Price not final
“Scotch Shipments by Diageo, Pernod Detained in India Over Tariffs” scores 46 out of 100. The score uses 1 sources, and 7 linked companies. The price is not final yet.