Geopolitics Alpha

Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried

Published . Updated .

Key takeaways

  • Exposed: TAN, ICLN, XLI, CAT, NEE
  • Market reaction: TAN +2.7% on the day (still updating); ICLN +2.2% on the day (still updating); FSLR +2.7% on the day (still updating)

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GEOPOLITICS ALPHATrump could put tariffs on windturbines — Rocky Mountain Powerisn’t worriedGEOPOLITICS ALPHA

This report is about clean energy and tariffs and trade.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TAN Invesco Solar ETF-6.4% 30d

    Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “wind turbine” (clean energy) in this story.

  • ICLN iShares Global Clean Energy ETF-6.7% 19d

    iShares Global Clean Energy ETF: it holds solar and clean-energy companies. Linked by “wind turbine” (clean energy) in this story.

  • 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.

  • CAT Caterpillar-24.1% 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.

  • NEE NextEra Energy+4.9% 30d

    NextEra Energy (electric services): clean-energy firms move with renewables policy and demand. Linked by “wind turbine” (clean energy) in this story.

  • DE Deere-2.4% 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+16.0% 30d

    Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • FSLR First Solar-9.2% 30d

    First Solar (semiconductors and related devices): clean-energy firms move with renewables policy and demand. Linked by “wind turbine” (clean energy) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TAN-0.12%-2.15%base+2.72%after closeafter closeafter close
ICLN+0.95%-0.16%base+2.20%after closeafter closeafter close
XLI-1.06%+0.22%base+1.03%after closeafter closeafter close
CAT+16.30%+5.44%base+1.63%after closeafter closeafter close
NEE-3.09%-3.43%base-0.85%after closeafter closeafter close
DE-4.18%-1.10%base+0.46%after closeafter closeafter close
WMT-6.59%-5.06%base-2.13%after closeafter closeafter close
FSLR-3.49%-2.89%base+2.69%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.

Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried Deseret News

Source: Deseret News

Invesco Solar Etf (TAN) since this story, compared with the market

CompanyWhenMoveStatus
Caterpillar (CAT)that day+1.63%still updating
Caterpillar (CAT)three days earlier+5.44%final price
Caterpillar (CAT)five days earlier+16.30%final price
Deere (DE)that day+0.46%still updating
Deere (DE)three days earlier-1.10%final price
Deere (DE)five days earlier-4.18%final price
First Solar (FSLR)that day+2.69%still updating
First Solar (FSLR)three days earlier-2.89%final price
First Solar (FSLR)five days earlier-3.49%final price
Ishares Tr (ICLN)that day+2.20%still updating
Ishares Tr (ICLN)three days earlier-0.16%final price
Ishares Tr (ICLN)five days earlier+0.95%final price
Nextera Energy (NEE)that day-0.85%still updating
Nextera Energy (NEE)three days earlier-3.43%final price
Nextera Energy (NEE)five days earlier-3.09%final price
Invesco Solar Etf (TAN)that day+2.72%still updating
Invesco Solar Etf (TAN)three days earlier-2.15%final price
Invesco Solar Etf (TAN)five days earlier-0.12%final price
Walmart (WMT)that day-2.13%still updating
Walmart (WMT)three days earlier-5.06%final price
Walmart (WMT)five days earlier-6.59%final price
Select Sector Spdr Tr (XLI)that day+1.03%still updating
Select Sector Spdr Tr (XLI)three days earlier+0.22%final price
Select Sector Spdr Tr (XLI)five days earlier-1.06%final price

Congressional trades 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 Invesco Solar Etf (TAN)

Companies carried with this story

  • TAN Invesco Solar Etf

    For “Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried,” Invesco Solar Etf (TAN) is linked, with no stored direction, medium confidence. Reason on file: Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “wind turbine” (clean energy) in this story

  • ICLN Ishares Tr

    For “Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried,” Ishares Tr (ICLN) is linked, with no stored direction, medium confidence. Reason on file: iShares Global Clean Energy ETF: it holds solar and clean-energy companies. Linked by “wind turbine” (clean energy) in this story

  • XLI Select Sector Spdr Tr

    Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried.” 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

  • CAT Caterpillar

    For “Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried,” 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

  • NEE Nextera Energy

    In “Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried,” Nextera Energy (NEE) is linked, with no stored direction, medium confidence. Reason on file: NextEra Energy (electric services): clean-energy firms move with renewables policy and demand. Linked by “wind turbine” (clean energy) in this story

  • DE Deere

    For “Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried,” 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

    For “Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried,” 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

  • FSLR First Solar

    In “Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried,” First Solar (FSLR) is linked, with no stored direction, medium confidence. Reason on file: First Solar (semiconductors and related devices): clean-energy firms move with renewables policy and demand. Linked by “wind turbine” (clean energy) in this story

Invesco Solar Etf (TAN)

“Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried” (3 Nov 2026) reaches Invesco Solar Etf (TAN) through this story.

The link for Invesco Solar Etf (TAN) is this: Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “wind turbine” (clean energy) in this story

A second company, Ishares Tr (ICLN), is listed for a different reason: iShares Global Clean Energy ETF: it holds solar and clean-energy companies. Linked by “wind turbine” (clean energy) in this story

The price range for Invesco Solar Etf (TAN), and the dates in the story

ICLN traded between 16.21 and 17.62 across 18 sessions. The latest close on file is 16.27. TAN traded between 40.77 and 46.34 across 20 sessions. The latest close on file is 41.77. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.

How strong the case is around Invesco Solar Etf (TAN)

46 out of 100Price not final

“Trump could put tariffs on wind turbines — Rocky Mountain Power isn’t worried” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.