Geopolitics Alpha

Todd McClay on threat of further US lamb tariffs

Published . Updated .

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Todd McClay on threat of further US lamb tariffs

New Zealand lamb producers could be on the hook for further tariffs, after a US trade panel decided to investigate if lamb meat imports harm American farmers. New Zealand officials are heading to Washington DC to make their case to the US International Trade Commission's

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.

  • DBA Invesco DB Agriculture Fund-5.1% 30d

    Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “farmers” (grains and farm goods) in this story.

  • 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.

  • ADM Archer-Daniels-Midland-11.8% 30d

    Archer-Daniels-Midland (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “farmers” (grains and farm goods) 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
DBA-1.70%-0.70%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
ADM-4.18%-2.72%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.

Todd McClay on threat of further US lamb tariffs RNZ

Source: RNZ

This story

CompanyWhenMoveStatus
ADMthree days earlier-2.72%final price
ADMfive days earlier-4.18%final price
CATthree days earlier+0.24%final price
CATfive days earlier-0.24%final price
DBAthree days earlier-0.70%final price
DBAfive days earlier-1.70%final price
DEthree days earlier+2.63%final price
DEfive days earlier+2.61%final price
NKEthree days earlier+0.89%final price
NKEfive days earlier+4.97%final price
WMTthree days earlier-1.88%final price
WMTfive days earlier-1.96%final price
XLIthree days earlier+1.29%final price
XLIfive days earlier+0.05%final price
XRTthree days earlier+1.40%final price
XRTfive 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).

How solid “Todd McClay on threat of further US lamb tariffs” looks

12 out of 100

“Todd McClay on threat of further US lamb tariffs” scores 12 out of 100. The score uses 1 sources.