Name: US-China trade deal in 2025?
Start: 2025-05-05T20:44:27.290422Z
End: 2025-12-31T12:00:00Z

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This market will resolve to "Yes" if an official agreement over trade and/or tariffs, defined as a publicly announced mutual agreement, is reached between the United States and China between May 5, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect.

Agreements that include the United States and China as parties, even if they also involve other countries will qualify for resolution.

Only deals which are officially announced by both parties will qualify. Informal announcements which do not constitute a finalized agreement will not count.

The primary resolution source for this market will be an official announcement by the United States and/or the People's Republic of China, however an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.

US-China trade deal in 2025?

This market will resolve to "Yes" if Xi Jinping visits the U.S. by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purpose of this market, a "visit" is defined as Xi physically entering the terrestrial or maritime territory of the United States. Whether or not Xi enters US airspace during the timeframe of this market will have no bearing on a positive resolution.

The resolution source will be a consensus of credible reporting.

Will Xi visit the US by December 31?

If U.S. President Donald Trump visits China by April 30, 2026, 11:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No".

For the purpose of this market, a "visit" is defined as Trump physically entering the terrestrial or maritime territory of the listed country. Whether or not Trump enters the country's airspace during the timeframe of this market will have no bearing on a positive resolution.

The primary resolution source for this information will be official information from government of the United States of America, official information from Trump or released by his verified social media accounts (e.g. https://twitter.com/POTUS), however, a consensus of credible reporting will also be used.

Will Trump visit China by April 30?

This market will resolve to "Yes" if either China (People's Republic of China) or Japan formally announces that they have suspended diplomatic relations with the other by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source will be official information from either the Chinese or Japanese government; however a consensus of credible reporting may also be used.

China x Japan sever diplomatic relations in 2025?

This market will resolve to "Yes" if an official agreement on nuclear arms control or strategic nuclear weapons limitation is reached between the United States and the Russian Federation between December 9, 2025 and June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Only agreements that are publicly announced and acknowledged by both the U.S. and Russia will qualify. The agreement must pertain to nuclear arms control or limitation—such as a treaty, framework, or memorandum—addressing matters including (but not limited to) nuclear warheads, delivery systems, verification mechanisms, or strategic stability.

An extension, amendment, or replacement of the New START treaty will qualify, provided it is publicly announced as a concluded agreement by both parties within the time frame. Exploratory discussions or stated intent to extend without a finalized agreement will not qualify.

Agreements that include both the United States and Russia as named parties—whether bilateral or as part of a broader multilateral framework—will qualify, provided the agreement directly addresses nuclear arms control.

The agreement does not need to be ratified or implemented for this market to resolve "Yes"; a formal announcement of a concluded agreement is sufficient.

The primary resolution source for this market will be official statements from the U.S. government (e.g., the White House, State Department) and/or the Russian Federation (e.g., the Kremlin, Ministry of Foreign Affairs). However, a clear and overwhelming consensus of credible reporting confirming that such an agreement has been reached will also qualify.

U.S. x Russia Nuclear deal by June 30?

This market will resolve to "Yes" if the United States formally initiates a withdrawal from the World Trade Organization (WTO) or provides official written notice of withdrawal to the Director-General of the WTO by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A notice of withdrawl refers to the submission of a written notice of withdrawal as per Article XV of the Marrakesh Agreement establishing the World Trade Organization (https://www.wto.org/english/res_e/publications_e/ai17_e/wto_agree_art15_oth.pdf).

Any action meeting these criteria will qualify for a “Yes” resolution regardless of if its implementation is immediately halted or delayed by judicial or other actions.

The resolution source will be official information from the US government and the WTO, however a consensus of credible reporting may also be used.

US announces withdrawal from WTO in 2025?

This market will resolve to "Yes" if Donald Trump signs any federal legislation or performs any executive action enacting a tariff on imports of semiconductors into the United States by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Only tariffs specifically targeting semiconductors will qualify. For example, a general tariff (tariffs on all imports into the U.S.) or country-specific tariff (tariffs on all imports from China) will not count toward this market's resolution.

Tariffs on semiconductors from a specific country will qualify.

Any tariff which is officially enacted within the market's time frame will qualify, regardless of when the tariff goes into effect.

This market's primary resolution source will be official information from the Trump administration; however, a consensus of credible information will also be used.

Trump imposes tariff on semiconductors by December 31?

This market will resolve to "Yes" if the United States formally acquires any part of Canadian territory by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”. 

Acquisition must be through official government action, such as annexation, treaty, or legislation.

The resolution source will be official information from the U.S. government however a consensus of credible reporting may also be used.



Will the U.S. acquire Canadian territory in 2025?

This market will resolve to "Yes" if President of the United States Donald Trump announces he has resigned or will resign the presidency by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."

If it becomes impossible for Donald Trump to resign or to announce his resignation (e.g., due to his removal from office by other means, etc.), this market will immediately resolve to "No."

For this market to resolve to "Yes," it is only necessary that Trump announce that he has resigned or will resign. Whether he actually resigns will have no bearing on the resolution of this market.

The primary resolution source for this market will be official information from the US federal government; however, a consensus of credible reporting will also be used.

Will Trump resign by December 31, 2026?

On April 2, Donald Trump announced a 10% tariff on all imports set to take effect on April 5, 2025 at 12:01 a.m. EDT (see: https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/)

This market will resolve to “Yes” if Donald Trump signs any federal legislation or performs any executive action which pauses, delays, or removes the 10% general tariff by December 31, 2025, 11:59 PM ET. Otherwise this market will resolve to “No”.

Actions which remove the general 10% tariff will qualify even if there are item specific exceptions for which the tariff still applies. However, lowering the general tariff below 10% without removing it will not qualify.

Any action which is officially enacted within the market's time frame will qualify, regardless of when the removal goes into effect.

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.

Will Trump remove 10% blanket tariff in 2025?

This market will resolve "Yes" if the bill listed is signed into law by the President of the United States by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A bill will only qualify if it receives the President’s signature and becomes law through the normal legislative process. Vetoed bills, bills passed only by one chamber, or those that fail to reach the President’s desk, will not qualify.

The primary resolution source will be official information from Congress.gov or the White House; however, a consensus of credible reporting may also be used if ambiguity arises.

Will the Guidance Clarity Act of 2025 (S.81) be signed into law by December 31 2025?

This market will resolve to "Yes" if there is a military encounter between the military forces of China (People's Republic of China) and Japan between November 17, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between Chinese and Japanese military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not.

Note: the China Coast Guard (CCG) is part of the military, however Japan Coast Guard (JCG) is not.

The resolution source for this market will be a consensus of credible reporting.

China x Japan military clash before 2027?

This market will resolve to "Yes" if any individual is formally charged or criminally indicted for insider trading related to a tariff policy announcement made during the second Trump administration between July 11 and December 31, 2025, at 11:59 PM ET. Otherwise, this market will resolve to "No."

The primary resolution source for this market will be official information from relevant governmental sources; however, a wide consensus of credible reporting will also be used.

Will anyone be charged for insider trading Trump tariff announcements?

This market will resolve to "Yes" if Donald Trump and Ali Khamenei speak directly to one another between June 26, 7:00 PM ET, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Any conversation that occurs directly between Donald Trump and Ali Khamenei will qualify, regardless of whether it is over the phone, videocall, or in person. The conversation must be voice-based, not text-based.

The primary resolution source for this market will be information from the governments of Iran and the United States, however a consensus of credible reporting will also be used.

Trump x Khamenei talk in 2025? 

On May 28, 2025, the U.S. Court of International Trade ruled that Donald Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing a series of broad tariffs. The ruling blocked several major measures, including the “Liberation Day” tariffs—a 10% tariff on all imports and country-specific rates of up to 50%—as well as additional tariffs targeting Canadian, Mexican, and Chinese goods. The Trump administration has filed a single consolidated appeal of this decision, titled V.O.S. Selections, Inc. v. United States, currently pending before the U.S. Court of Appeals for the Federal Circuit.

This market will resolve to “Yes” if, by December 31, 2025, 11:59 PM ET, both of the following occur:

1. The Trump administration’s appeal in V.O.S. Selections, Inc. v. United States is denied, in whole or in part

2. U.S. importers receive refunds for at least some of the tariffs invalidated by the May 28, 2025 ruling.

Otherwise, this market will resolve to "No".

Announcements, court orders, or plans to issue refunds will not be sufficient for resolution unless actual refunds are issued within the market timeframe.

If the appeal is fully upheld and no refunds are issued, this market will resolve to “No”.

The primary resolution source will be official government or court information, or a consensus of credible reporting.


Will the Court Force Trump to Refund Tariffs?

This market will resolve to “Yes” if Ukraine officially agrees to a peace framework to end the Russo–Ukrainian war that the United States has formally endorsed by March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

A qualifying peace framework is any publicly announced plan, roadmap, or framework intended as the basis for ending the war, provided that the United States formally endorses it and Ukraine officially agrees to it through one of the following:

1. A written or signed framework-related instrument issued or signed by Ukraine that affirms agreement with the U.S.-endorsed framework.

2. An official U.S.–Ukraine announcement — defined as an official government-issued declaration, such as a joint statement, communiqué, or coordinated official releases, explicitly stating that Ukraine has agreed to a U.S.-endorsed peace framework. The announcement must be issued through authorized government channels, including official written releases or formally published transcripts by the White House, State Department, Office of the President of Ukraine, Cabinet of Ministers, or Ministry of Foreign Affairs. Verbal (including interviews or remarks during bilateral meetings) and social-media claims by either leader will not qualify unless later issued in an official written or published form by the respective government. The U.S. President or any US government official publicly stating that “an agreement has been reached,” without a corresponding formal release or communiqué, will not qualify; the same applies to statements by the Ukrainian President or Ukrainian officials.

3. A formally issued Ukrainian governmental action — including a presidential decree, Cabinet resolution, or National Security and Defense Council decision — explicitly stating that Ukraine agrees to the U.S.-endorsed framework. 

The primary resolution source will be official government documents, statements, decrees, and credible reporting confirming that Ukraine officially agreed to a U.S.-endorsed peace framework under the standards above.


Ukraine officially agrees to a US backed ceasefire framework by March 31?

This market will resolve to "Yes" if Xi Jinping, Vladimir Putin, and Kim Jong Un all meet with Donald Trump between October 24, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A meeting is defined as any encounter where both the listed individual and Trump are present and interact with each other in person.

The resolution source will be a consensus of credible reporting.

Trump meets Xi, Putin, and Kim by December 31?

This market will resolve to "Yes" if Donald Trump and/or Melania Trump announce their intention to divorce between December 31, 2024 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

An announcement by December 31, 2025 of their intention to divorce will be sufficient for a "Yes" resolution, regardless of whether the divorce later actually occurs, or whether the actual divorce occurs outside of the timeframe of this market.

The resolution source will be statements from Donald Trump and/or Melania Trump , and their representatives, however a definitive consensus of credible media reporting may be considered.

Trump divorce in 2025?

This market will resolve to "Yes" if the Trump administration officially announces that they will be sending US troops to Ukraine as part of a peacekeeping force by December 31, 2025, 11:59 PM ET. Otherwise this market will resolve to “No”.

A qualifying announcement must be part of a formal agreement between the United States and another country or international organization or otherwise indicative of a formalized policy.

Announcement which are statements of intent, contingent, or otherwise are not indicative of a formalized policy will not count.

The primary resolution source for this market will be official information from the Trump administration, however a consensus of credible reporting will also be used.

Trump agrees to send U.S. peacekeeping force to Ukraine?

This market will resolve to "Yes" if a deal in which Ukraine agrees to cede any territory under its control at the time of the agreement is reached between the Russian Federation and Ukraine by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

The deal must be a publicly announced mutual agreement or otherwise confirmed by an overwhelming consensus of credible reporting.  

If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect.

Only territory ceded as part of a diplomatic process or agreement will qualify. 

If a territorial adjustment is made as part of a mutual border demarcation process or technical boundary agreement that does not materially alter de facto control or reflect a broader territorial concession, it will not qualify for a 'Yes' resolution unless it is reported as a territorial concession by a consensus of credible reporting.

Any agreement which cedes de facto military control of territory held by Ukraine will qualify regardless of whether Ukraine formally maintains its claim to sovereignty. For example, the 1999 Kumanovo Military Technical Agreement, in which Yugoslavia agreed to pull military forces out of Kosovo but did not recognize Kosovo’s autonomy or independence would qualify for a 'Yes' resolution.

The primary resolution source for this market will be an official announcement by Ukraine and/or the Russian Federation, however, an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.

Will Ukraine agree to cede territory to Russia in 2025?

This market will resolve to "Yes" if the U.S. government formally recognizes Somaliland as an independent state by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

An announcement of intentions will not suffice to resolve this market to "Yes." Only the U.S. government's formal recognition of Somaliland as an independent state will count toward a "Yes" resolution for this market.

The primary resolution source for this market will be official information from the U.S. government. However, a consensus of credible reporting will also be used.

US-China trade deal in 2025?

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US-China trade deal in 2025?

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US-China trade deal in 2025?

Market Context

US-China trade deal in 2025?

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