Whitmer wants end to food tariffs
Published . Updated .
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Since April 2025, the United States has raised import taxes on food supplies, fertilizer, and agricultural machinery. Michigan estimates those policies increased food prices by 3% that year.
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR+0.5% 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.
- DBA Invesco DB Agriculture Fund-6.2% 30d
Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “food prices” (grains and farm goods) in this story.
- MOO VanEck Agribusiness ETF-1.2% 30d
VanEck Agribusiness ETF: it holds agribusiness and fertilizer firms. Linked by “fertilizer” (fertilizer) in this story.
- CAT Caterpillar-27.9% 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+0.1% 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.
- ADM Archer-Daniels-Midland-12.8% 30d
Archer-Daniels-Midland (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “food prices” (grains and farm goods) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): 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 | -4.94% | -1.22% | base | after close | after close | after close | after close |
| XRT | -1.37% | +0.47% | base | after close | after close | after close | after close |
| DBANo price data for this ticker | — | — | — | — | — | — | — |
| MOONo price data for this ticker | — | — | — | — | — | — | — |
| CAT | -8.01% | -0.49% | base | after close | after close | after close | after close |
| DE | -4.00% | -0.02% | base | after close | after close | after close | after close |
| ADMNo price data for this ticker | — | — | — | — | — | — | — |
| WMT | +1.59% | -0.08% | 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.
Whitmer wants end to food tariffs Michigan Public
Source: Michigan Public
This story
| Company | When | Move | Status |
|---|---|---|---|
| CAT | three days earlier | -0.49% | final price |
| CAT | five days earlier | -8.01% | final price |
| DE | three days earlier | -0.02% | final price |
| DE | five days earlier | -4.00% | final price |
| WMT | three days earlier | -0.08% | final price |
| WMT | five days earlier | +1.59% | final price |
| XLI | three days earlier | -1.22% | final price |
| XLI | five days earlier | -4.94% | final price |
| XRT | three days earlier | +0.47% | final price |
| XRT | five days earlier | -1.37% | final price |
Congressional trades 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 45 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 30 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 36 days before publication. Filed 5 Nov 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 41 days before publication. Filed 27 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).
How solid “Whitmer wants end to food tariffs” looks
12 out of 100
“Whitmer wants end to food tariffs” scores 12 out of 100. The score uses 1 sources.