Geopolitics Alpha

Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues

Published . Updated .

Key takeaways

  • Exposed: XLI, XRT, MOO, EWC, CAT
  • Market reaction: XRT −1.2% on the day (still updating); XLI +1.1% on the day (still updating); NKE −2.5% on the day (still updating)

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GEOPOLITICS ALPHATrump says U.S. close to Canadatrade deal, fertilizer tariffsamong key issuesGEOPOLITICS ALPHA

This report is about tariffs and trade and fertilizer.

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.

  • MOO VanEck Agribusiness ETF-2.7% 30d

    VanEck Agribusiness ETF: it holds agribusiness and fertilizer firms. Linked by “fertilizer” (fertilizer) in this story.

  • EWC iShares MSCI Canada ETF+0.1% 30d

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).

  • 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.

  • 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.

  • NKE Nike+8.4% 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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLI-1.06%+0.22%base+1.08%after closeafter closeafter close
XRT-3.55%-1.68%base-1.16%after closeafter closeafter close
MOO-1.89%-1.93%base-0.12%after closeafter closeafter close
EWC+0.39%+1.16%base-0.70%after closeafter closeafter close
CAT+16.30%+5.44%base+1.14%after closeafter closeafter close
DE-4.18%-1.10%base-0.35%after closeafter closeafter close
WMT-6.59%-5.06%base-2.03%after closeafter closeafter close
NKE-4.04%-1.81%base-2.54%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 says U.S. close to Canada trade deal, fertilizer tariffs among key issues Investing.com

Source: Investing.com

Select Sector Spdr Tr (XLI) since this story, compared with the market

CompanyWhenMoveStatus
Caterpillar (CAT)that day+1.14%still updating
Caterpillar (CAT)three days earlier+5.44%final price
Caterpillar (CAT)five days earlier+16.30%final price
Deere (DE)that day-0.35%still updating
Deere (DE)three days earlier-1.10%final price
Deere (DE)five days earlier-4.18%final price
Ishares Msci Canada Etf (EWC)that day-0.70%still updating
Ishares Msci Canada Etf (EWC)three days earlier+1.16%final price
Ishares Msci Canada Etf (EWC)five days earlier+0.39%final price
Vaneck Etf Trust (MOO)that day-0.12%still updating
Vaneck Etf Trust (MOO)three days earlier-1.93%final price
Vaneck Etf Trust (MOO)five days earlier-1.89%final price
Nike (NKE)that day-2.54%still updating
Nike (NKE)three days earlier-1.81%final price
Nike (NKE)five days earlier-4.04%final price
Walmart (WMT)that day-2.03%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+1.08%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
Spdr Series Trust (XRT)that day-1.16%still updating
Spdr Series Trust (XRT)three days earlier-1.68%final price
Spdr Series Trust (XRT)five days earlier-3.55%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).

Who gains and who loses around Select Sector Spdr Tr (XLI)

Companies tied to this story

  • XLI Select Sector Spdr Tr

    For “Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues,” 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

    In “Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. 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

  • MOO Vaneck Etf Trust

    In “Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues,” Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence. Reason on file: VanEck Agribusiness ETF: it holds agribusiness and fertilizer firms. Linked by “fertilizer” (fertilizer) in this story

  • EWC Ishares Msci Canada Etf

    In “Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)

  • CAT Caterpillar

    In “Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues,” 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

    Deere (DE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues.” 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 “Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues,” 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 “Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues,” 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)

“Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues” (3 Nov 2026) reaches Select Sector Spdr Tr (XLI) through this story.

The link for Select Sector Spdr Tr (XLI) is this: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

A second company, Spdr Series Trust (XRT), is listed for a different reason: 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)

MOO traded between 79.94 and 82.66 across 20 sessions. The latest close on file is 82.36. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.

What the saved facts support for Select Sector Spdr Tr (XLI)

54 out of 100Price not final

“Trump says U.S. close to Canada trade deal, fertilizer tariffs among key issues” scores 54 out of 100. The score uses 2 sources, and 8 linked companies. The price is not final yet.