United States Seeks Mexico’s Review of Alleged Denial of Workers’ Rights at Madobox
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United States Seeks Mexico’s Review of Alleged Denial of Workers’ Rights at Madobox pbrouillette Mon, 11/02/2026 - 15:27 WASHINGTON — The Office of the United States Trade Representative has invoked the Rapid Response Labor Mechanism (RRM) in the United States-Mexico-Canada Agreement (USMCA) to review whether workers at Madobox, S.A. de C.V. (Madobox), located in the city of Uruapan in the state of Michoacán, Mexico, are being denied the right to freedom of association and collective bargaining. The U.S. request for review follows an RRM petition received from a Mexican labor union alleging that Madobox is interfering with union activity at the facility. The United States has suspended liquidation of unliquidated entries of goods from the Madobox facility, which produces boxes for commercial use. Background The United States Trade Representative (Trade Representative) and the Secretary of Labor co-chair the Interagency Labor Committee for Monitoring and Enforcement (ILC). On September 30, 2026, the Sindicato Nacional de Trabajadores y Empleados de la Industria del Comercio, Alimenticia, Textil, Automotriz, Metalúrgica, Servicios y Distribución “Generalísimo José María Morelos y Pav
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 “trade representative” (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 “trade representative” (tariffs and trade) in this story.
- EWW iShares MSCI Mexico ETF+0.8% 6d
iShares MSCI Mexico ETF holds stocks listed in Mexico, which this story is about (“mexico”).
- EWC iShares MSCI Canada ETF+0.9% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).
- CAT Caterpillar-32.6% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “trade representative” (tariffs and trade) in this story.
- DE Deere-3.4% 30d
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “trade representative” (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 “trade representative” (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 “trade representative” (tariffs and trade) 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 | -0.27% | +0.65% | base | +1.38% | +2.35% | +1.21% | -2.81% |
| XRT | -1.50% | -2.24% | base | +2.01% | +0.06% | +5.59% | +2.41% |
| EWW | +1.08% | +0.23% | base | +1.93% | +0.34% | +2.54% | +2.00% |
| EWC | +0.40% | +1.48% | base | +0.33% | -0.68% | +2.09% | -0.70% |
| CAT | +11.08% | +14.72% | base | -1.47% | +0.17% | -5.07% | -11.13% |
| DE | -5.07% | -5.14% | base | -1.14% | -1.38% | +0.01% | -1.57% |
| WMT | -2.61% | -3.79% | base | +3.40% | +1.05% | +5.32% | +3.98% |
| NKE | -2.04% | -3.94% | base | +1.14% | -0.56% | +4.61% | +2.25% |
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.
United States Seeks Mexico’s Review of Alleged Denial of Workers’ Rights at Madobox pbrouillette Mon, 11/02/2026 - 15:27 WASHINGTON — The Office of the United States Trade Representative has invoked the Rapid Response Labor Mechanism (RRM)…
This story
| Company | When | Move | Status |
|---|---|---|---|
| CAT | that day | -1.47% | final price |
| CAT | the next day | +0.17% | final price |
| CAT | two days later | -5.07% | final price |
| CAT | three days later | -11.13% | final price |
| CAT | three days earlier | +14.72% | final price |
| CAT | five days earlier | +11.08% | final price |
| DE | that day | -1.14% | final price |
| DE | the next day | -1.38% | final price |
| DE | two days later | +0.01% | final price |
| DE | three days later | -1.57% | final price |
| DE | three days earlier | -5.14% | final price |
| DE | five days earlier | -5.07% | final price |
| EWC | that day | +0.33% | final price |
| EWC | the next day | -0.68% | final price |
| EWC | two days later | +2.09% | final price |
| EWC | three days later | -0.70% | final price |
| EWC | three days earlier | +1.48% | final price |
| EWC | five days earlier | +0.40% | final price |
| EWW | that day | +1.93% | final price |
| EWW | the next day | +0.34% | final price |
| EWW | two days later | +2.54% | final price |
| EWW | three days later | +2.00% | final price |
| EWW | three days earlier | +0.23% | final price |
| EWW | five days earlier | +1.08% | final price |
| NKE | that day | +1.14% | final price |
| NKE | the next day | -0.56% | final price |
| NKE | two days later | +4.61% | final price |
| NKE | three days later | +2.25% | final price |
| NKE | three days earlier | -3.94% | final price |
| NKE | five days earlier | -2.04% | final price |
| WMT | that day | +3.40% | final price |
| WMT | the next day | +1.05% | final price |
| WMT | two days later | +5.32% | final price |
| WMT | three days later | +3.98% | final price |
| WMT | three days earlier | -3.79% | final price |
| WMT | five days earlier | -2.61% | final price |
| XLI | that day | +1.38% | final price |
| XLI | the next day | +2.35% | final price |
| XLI | two days later | +1.21% | final price |
| XLI | three days later | -2.81% | final price |
| XLI | three days earlier | +0.65% | final price |
| XLI | five days earlier | -0.27% | final price |
| XRT | that day | +2.01% | final price |
| XRT | the next day | +0.06% | final price |
| XRT | two days later | +5.59% | final price |
| XRT | three days later | +2.41% | final price |
| XRT | three days earlier | -2.24% | final price |
| XRT | five days earlier | -1.50% | 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 35 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 31 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 35 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 38 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 66 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 67 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 73 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).
This story
12 out of 100
“United States Seeks Mexico’s Review of Alleged Denial of Workers’ Rights at Madobox” scores 12 out of 100. The score uses 1 sources.