Tariffs put new pressure on agricultural drone industry
Published . Updated .
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By Ty Higgins, Ohio Ag Net President Trump’s new tariffs on imported drones and drone components are
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR-0.3% 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+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “drone” (defense) in this story.
- CAT Caterpillar-26.6% 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-1.4% 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+6.7% 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.
- KTOS Kratos Defense & Security Solutions-13.3% 30d
Kratos Defense & Security Solutions is a drones company in the watchlist universe. Linked by “drone industry” 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 | +0.40% | +0.18% | base | -3.97% | after close | after close | after close |
| XRT | -5.03% | -3.40% | base | -3.01% | after close | after close | after close |
| ITA | +0.76% | +0.87% | base | -4.00% | after close | after close | after close |
| CAT | +9.45% | +3.80% | base | -6.38% | after close | after close | after close |
| DE | -2.37% | -1.28% | base | -1.71% | after close | after close | after close |
| WMT | -6.18% | -1.18% | base | -0.62% | after close | after close | after close |
| NKE | -5.11% | -3.36% | base | -2.30% | after close | after close | after close |
| KTOS | +21.27% | +11.95% | base | -7.32% | 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.
Tariffs put new pressure on agricultural drone industry Ohio's Country Journal
Source: Ohio's Country Journal
Defense
| Company | When | Move | Status |
|---|---|---|---|
| CAT | that day | -6.38% | final price |
| CAT | three days earlier | +3.80% | final price |
| CAT | five days earlier | +9.45% | final price |
| DE | that day | -1.71% | final price |
| DE | three days earlier | -1.28% | final price |
| DE | five days earlier | -2.37% | final price |
| ITA | that day | -4.00% | final price |
| ITA | three days earlier | +0.87% | final price |
| ITA | five days earlier | +0.76% | final price |
| KTOS | that day | -7.32% | final price |
| KTOS | three days earlier | +11.95% | final price |
| KTOS | five days earlier | +21.27% | final price |
| NKE | that day | -2.30% | final price |
| NKE | three days earlier | -3.36% | final price |
| NKE | five days earlier | -5.11% | final price |
| WMT | that day | -0.62% | final price |
| WMT | three days earlier | -1.18% | final price |
| WMT | five days earlier | -6.18% | final price |
| XLI | that day | -3.97% | final price |
| XLI | three days earlier | +0.18% | final price |
| XLI | five days earlier | +0.40% | final price |
| XRT | that day | -3.01% | final price |
| XRT | three days earlier | -3.40% | final price |
| XRT | five days earlier | -5.03% | 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 38 days before publication. Filed 12 Oct 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 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 38 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 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 69 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 70 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 76 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).
How solid the defense case looks
12 out of 100
“Tariffs put new pressure on agricultural drone industry” scores 12 out of 100. The score uses 1 sources.