US midterms live: Asia braces for renewed Trump tariff push
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This report is about tariffs and trade and Asia.
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.
- AAXJ iShares MSCI All Country Asia ex Japan ETF-5.9% 15d
iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”).
- 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLI | -1.75% | -2.39% | base | after close | after close | after close | after close |
| XRT | -2.46% | -0.22% | base | after close | after close | after close | after close |
| AAXJ | +3.95% | +0.02% | base | after close | after close | after close | after close |
| CAT | +14.55% | -0.15% | base | after close | after close | after close | after close |
| DE | -4.20% | +0.99% | base | after close | after close | after close | after close |
| WMT | -4.76% | -1.02% | base | after close | after close | after close | after close |
| NKE | -2.93% | +1.06% | base | after close | after close | after close | after 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.
US midterms live: Asia braces for renewed Trump tariff push Nikkei Asia
Source: Nikkei Asia
How far Select Sector Spdr Tr (XLI) has moved since 3 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Ishares Msci Asia Ex-Japan (AAXJ) | three days earlier | +0.02% | final price |
| Ishares Msci Asia Ex-Japan (AAXJ) | five days earlier | +3.95% | final price |
| Caterpillar (CAT) | three days earlier | -0.15% | final price |
| Caterpillar (CAT) | five days earlier | +14.55% | final price |
| Deere (DE) | three days earlier | +0.99% | final price |
| Deere (DE) | five days earlier | -4.20% | final price |
| Nike (NKE) | three days earlier | +1.06% | final price |
| Nike (NKE) | five days earlier | -2.93% | final price |
| Walmart (WMT) | three days earlier | -1.02% | final price |
| Walmart (WMT) | five days earlier | -4.76% | final price |
| Select Sector Spdr Tr (XLI) | three days earlier | -2.39% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | -1.75% | final price |
| Spdr Series Trust (XRT) | three days earlier | -0.22% | final price |
| Spdr Series Trust (XRT) | five days earlier | -2.46% | 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 36 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 32 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 36 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 39 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 67 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 68 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 74 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 is named in “US midterms live: Asia braces for renewed Trump tariff push”
Companies carried with this story
- XLI Select Sector Spdr Tr
In “US midterms live: Asia braces for renewed Trump tariff push,” 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
For “US midterms live: Asia braces for renewed Trump tariff push,” 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
- AAXJ Ishares Msci Asia Ex-Japan
In “US midterms live: Asia braces for renewed Trump tariff push,” Ishares Msci Asia Ex-Japan (AAXJ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”)
- CAT Caterpillar
Caterpillar (CAT) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “US midterms live: Asia braces for renewed Trump tariff push.” 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
For “US midterms live: Asia braces for renewed Trump tariff push,” 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
Walmart (WMT) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “US midterms live: Asia braces for renewed Trump tariff push.” 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
Nike (NKE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “US midterms live: Asia braces for renewed Trump tariff push.” 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
How “US midterms live: Asia braces for renewed Trump tariff push” reaches Select Sector Spdr Tr (XLI)
The 3 Nov 2026 story “US midterms live: Asia braces for renewed Trump tariff push” names Select Sector Spdr Tr (XLI) because of this story.
For Select Sector Spdr Tr (XLI), the reason on file says Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
Spdr Series Trust (XRT) is here too. Its reason reads: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
The price range for Select Sector Spdr Tr (XLI), and the dates in the story
AAXJ traded between 106.27 and 120.47 across 12 sessions. The latest close on file is 107.13. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.
How solid “US midterms live: Asia braces for renewed Trump tariff push” looks
46 out of 100
“US midterms live: Asia braces for renewed Trump tariff push” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.