US-Canada tariff deal: Is relief coming for steel and automakers?
Published . Updated .
The talks between US and Canada broke down in August over the deadlock on cutting duties on vehicles
Directly affected
- No company is named in this report.
Indirectly affected
- CARZ First Trust S-Network Future Vehicles & Technology ETF
First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “automaker” (autos) in this story.
- XLY Consumer Discretionary Select Sector SPDR+0.3% 16d
Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “automaker” (autos) in this story.
- SLX VanEck Steel ETF-2.9% 17d
VanEck Steel ETF: it holds steelmakers. Linked by “steel” (steel) in this story.
- XLI Industrial Select Sector SPDR-3.1% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- EWC iShares MSCI Canada ETF+0.2% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).
- TSLA Tesla+3.7% 30d
Tesla (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “automaker” (autos) in this story.
- GM General Motors-12.9% 30d
General Motors (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “automaker” (autos) in this story.
- TM Toyota Motor+2.2% 30d
Toyota Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “automaker” (autos) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CARZNo price data for this ticker | — | — | — | — | — | — | — |
| XLYNo price data for this ticker | — | — | — | — | — | — | — |
| SLXNo price data for this ticker | — | — | — | — | — | — | — |
| XLINo price data for this ticker | — | — | — | — | — | — | — |
| EWCNo price data for this ticker | — | — | — | — | — | — | — |
| TSLANo price data for this ticker | — | — | — | — | — | — | — |
| GMNo price data for this ticker | — | — | — | — | — | — | — |
| TMNo price data for this ticker | — | — | — | — | — | — | — |
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.
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US-Canada tariff deal: Is relief coming for steel and automakers? The News International
Source: The News International
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 32 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 46 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 53 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold General Motors (GM), worth $1,001 - $15,000 on 24 Aug 2026. That is 64 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).
Who gains and who loses around First Tr Exchange-Traded Fd (CARZ)
Companies tied to this story
- CARZ First Tr Exchange-Traded Fd
For “US-Canada tariff deal: Is relief coming for steel and automakers?,” First Tr Exchange-Traded Fd (CARZ) is linked, with no stored direction, medium confidence. Reason on file: First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “automaker” (autos) in this story
- XLY Select Sector Spdr Tr
In “US-Canada tariff deal: Is relief coming for steel and automakers?,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “automaker” (autos) in this story
- SLX Vaneck Etf Trust
For “US-Canada tariff deal: Is relief coming for steel and automakers?,” Vaneck Etf Trust (SLX) is linked, with no stored direction, medium confidence. Reason on file: VanEck Steel ETF: it holds steelmakers. Linked by “steel” (steel) in this story
- XLI Select Sector Spdr Tr
Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “US-Canada tariff deal: Is relief coming for steel and automakers?.” 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
- EWC Ishares Msci Canada Etf
For “US-Canada tariff deal: Is relief coming for steel and automakers?,” 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”)
- TSLA Tesla
Tesla (TSLA) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “US-Canada tariff deal: Is relief coming for steel and automakers?.” Reason on file: Tesla (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “automaker” (autos) in this story
- GM General Motors
For “US-Canada tariff deal: Is relief coming for steel and automakers?,” General Motors (GM) is linked, with no stored direction, medium confidence. Reason on file: General Motors (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “automaker” (autos) in this story
- TM Toyota Motor Corp/
In “US-Canada tariff deal: Is relief coming for steel and automakers?,” Toyota Motor Corp/ (TM) is linked, with no stored direction, medium confidence. Reason on file: Toyota Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “automaker” (autos) in this story
First Tr Exchange-Traded Fd (CARZ)
First Tr Exchange-Traded Fd (CARZ) is the company in “US-Canada tariff deal: Is relief coming for steel and automakers?,” the 27 Oct 2026 this story story.
First Tr Exchange-Traded Fd (CARZ) is on the page because First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “automaker” (autos) in this story
Select Sector Spdr Tr (XLY) is here too. Its reason reads: Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “automaker” (autos) in this story
The price range for First Tr Exchange-Traded Fd (CARZ), and the dates in the story
SLX traded between 101.26 and 107.05 across 17 sessions. The latest close on file is 103.58. XLY traded between 110.56 and 116.21 across 16 sessions. The latest close on file is 113.12.
A simple score for First Tr Exchange-Traded Fd (CARZ)
46 out of 100
“US-Canada tariff deal: Is relief coming for steel and automakers?” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.