Geopolitics Alpha

Trump plans to shift some Canada tariffs

Published . Updated .

Covered by 2 outlets: The Arkansas Democrat-Gazette, Northwest Arkansas Democrat-Gazette.

Trump plans to shift some Canada tariffs

WASHINGTON -- The Trump administration announced Friday that it will shuffle its tariffs on Canadian products, exempting some items and applying new tariffs to others, in what appeared to be a last-minute bid to provide relief to American farmers before the midterm elections.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLE Energy Select Sector SPDR+3.8%

    Energy prices move when sanctioned supply is blocked

  • USO United States Oil Fund+4.9%

    This fund moves with oil prices

  • XOM Exxon Mobil+7.9%

    Oil producers move when sanctioned barrels leave the market

  • CVX Chevron+5.9%

    Oil producers move when sanctioned barrels leave the market

  • AAPL Apple+4.8%

    Sales and supply chains are exposed to a new tariff

  • NKE Nike+3.3%

    Sales and supply chains are exposed to a new tariff

  • SLB SLB-7.0%

    Oilfield work in sanctioned regions can be cut off

  • GLD SPDR Gold Shares-3.3%

    Gold is a usual haven when a conflict or sanction escalates

  • LMT Lockheed Martin+11.5%

    Defense contractors get more work when conflict spending rises

  • SPY SPDR S&P 500+0.4%

    The broad market moves when a major sanction lands

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLE-2.19%-1.69%baseafter closeafter closeafter closeafter close
USO-5.13%-5.78%baseafter closeafter closeafter closeafter close
XOM-2.72%-2.80%baseafter closeafter closeafter closeafter close
CVX-3.75%-2.77%baseafter closeafter closeafter closeafter close
AAPL-1.35%-1.08%baseafter closeafter closeafter closeafter close
NKE-0.24%+0.55%baseafter closeafter closeafter closeafter close
SLB-7.45%-3.68%baseafter closeafter closeafter closeafter close
GLD+3.56%+3.37%baseafter closeafter closeafter closeafter close
LMT-9.31%-8.71%baseafter closeafter closeafter closeafter close
SPY+0.89%+1.75%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.

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.

Trump plans to shift some Canada tariffs The Arkansas Democrat-Gazette

Source: The Arkansas Democrat-Gazette

Taiwan Strait

CompanyWhenMoveStatus
AAPLthree days earlier-1.08%final price
AAPLfive days earlier-1.35%final price
BAthree days earlier+2.12%final price
BAfive days earlier+1.64%final price
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
GDthree days earlier-1.30%final price
GDfive days earlier-2.30%final price
GLDthree days earlier+3.37%final price
GLDfive days earlier+3.56%final price
ITAthree days earlier+1.68%final price
ITAfive days earlier+2.64%final price
LMTthree days earlier-8.71%final price
LMTfive days earlier-9.31%final price
NKEthree days earlier+0.55%final price
NKEfive days earlier-0.24%final price
NOCthree days earlier-2.17%final price
NOCfive days earlier-7.45%final price
RTXthree days earlier+0.33%final price
RTXfive days earlier+0.57%final price
SLBthree days earlier-3.68%final price
SLBfive days earlier-7.45%final price
SPYthree days earlier+1.75%final price
SPYfive days earlier+0.89%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%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).

The Taiwan Strait count beside this story

Taiwan Strait has 50 linked stories in the last 7 days and 50 in the last 30 on the page that also carries “Trump plans to shift some Canada tariffs.” The recent pace is rising.

How solid “Trump plans to shift some Canada tariffs” looks

25 out of 100

“Trump plans to shift some Canada tariffs” scores 25 out of 100. The score uses 2 sources.