Name: Which countries will Trump impose tariffs on in first week?
Start: 2025-01-07T21:39:23.147178Z
End: 2025-01-27T12:00:00Z

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This is a market on the countries where Trump is predicted to impose tariffs during his first week in office.

This market will resolve to "Yes" if Donald Trump or his administration (including the Department of Commerce) impose any new or increased tariffs on People's Republic of China by January 27, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

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.



China

This market will resolve to "Yes" if Donald Trump or his administration (including the Department of Commerce) impose any new or increased tariffs on Canada by January 27, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

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.



Canada

This market will resolve to "Yes" if Donald Trump or his administration (including the Department of Commerce) impose any new or increased tariffs on Mexico by January 27, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

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.



Mexico

This market will resolve to "Yes" if Donald Trump or his administration (including the Department of Commerce) impose any new or increased tariffs on the European Union by January 27, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

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.



European Union

This market will resolve to "Yes" if Donald Trump or his administration (including the Department of Commerce) impose any new or increased tariffs on Japan by January 27, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

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.



Japan

This market will resolve to "Yes" if Donald Trump or his administration (including the Department of Commerce) impose any new or increased tariffs on the United Kingdom by January 27, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

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.



United Kingdom

Which countries will Trump impose tariffs on in first week? 

This market will resolve to “Yes” if Donald Trump signs any federal legislation or performs any executive action that lowers, pauses, delays, or removes any tariffs on imports from Mexico by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Actions that lower, pause, delay, or remove any tariffs on Mexican imports will qualify, including changes to the reciprocal tariff, or any other existing or new tariffs specifically targeting Mexican goods.

Only the removal of tariffs specifically targeting Mexico will qualify. For example, the removal of the 10% general tariff on all imports into the U.S., or a tariff on specific Mexican provinces or entities, will not count toward this market’s resolution.

Item-specific tariff exemptions, such as those outlined in the U.S. Customs and Border Protection notice dated April 11, 2025, which excluded 25 HTSUS codes covering electronics, will not qualify.

Any action officially enacted within the market’s time frame will qualify, regardless of when the change goes into effect.

This market’s primary resolution source will be official information from the Trump administration; however, a consensus of credible information from major news outlets or government statements will also be used.

Will Trump lower tariffs on Mexico by December 31?

This market will resolve to “Yes” if Donald Trump signs any federal legislation or performs any executive action that lowers, pauses, delays, or removes any tariffs on imports from Canada by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Actions that lower, pause, delay, or remove any tariffs on Canadian imports will qualify, including changes to the reciprocal tariff, or any other existing or new tariffs specifically targeting Canadian goods.

Only the removal of tariffs specifically targeting Canada will qualify. For example, the removal of the 10% general tariff on all imports into the U.S., or a tariff on specific Canadian provinces or entities, will not count toward this market’s resolution.

Item-specific tariff exemptions, such as those outlined in the U.S. Customs and Border Protection notice dated April 11, 2025, which excluded 25 HTSUS codes covering electronics, will not qualify.

Any action officially enacted within the market’s time frame will qualify, regardless of when the change goes into effect.

This market’s primary resolution source will be official information from the Trump administration; however, a consensus of credible information from major news outlets or government statements will also be used.

Will Trump lower tariffs on Canada by December 31?

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?

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 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?

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?

If U.S. President Donald Trump visits the listed state between January 1 and December 31, 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 territory of the listed state. Whether or not Trump enters the state’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 the 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 Donald Trump visit Florida in 2026?

This market will resolve to "Yes" if the Supreme Court of the United States issues a decision that reverses, vacates, or otherwise overturns the U.S. Court of Appeals for the Federal Circuit’s August 29, 2025 decision in V.O.S. Selections, Inc. v. Trump, in which the Federal Circuit held that the tariffs imposed by Executive Orders 14193, 14194, 14195, 14257, and 14266 exceeded the President’s authority under the International Emergency Economic Powers Act (IEEPA) by December 2026, 11:59 PM ET. Otherwise this market will resolve to "No." 

If the Supreme Court dismisses the case as improvidently granted, denies certiorari, grants/vacates/remands without deciding the merits of IEEPA authorization, affirms by an equally divided Court, or vacates due to mootness, or if the parties settle the case this market will resolve to "No." 

For purposes of this market, the government prevails if the Supreme Court rules on the merits that the tariffs are authorized under IEEPA, or otherwise reverses or vacates the Federal Circuit’s holding that they are unauthorized under IEEPA, regardless of whether the Court remands for further proceedings on issues such as remedy or scope of relief. The government does not prevail if the Supreme Court affirms the Federal Circuit’s decision that the tariffs are unauthorized by IEEPA, even if the Court modifies or vacates portions of the judgment relating only to remedy or injunctive relief.

The resolution source will be a consensus of credible reporting. 


Supreme Court rules in favor of Trump's tariffs?

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 Donald Trump golfs on over 25% of days between January 20 and December 31, 2025 ET. Otherwise, this market will resolve to "No".

This market will resolve according to https://trumpgolftrack.com as of January 2, 2026, 12:00 PM. However, definitive photo or video evidence confirmed by a consensus of credible reporting may also be used to supplement the tally if the trumpgolftrack.com tally is incomplete. 

 


Will Trump spend >25% of 2025 presidency golfing?

This market will resolve to "Yes" if Donald Trump signs any federal legislation or performs any executive action that explicitly eliminates federal income taxes for individuals earning less than $150,000 per year in the United States by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Legislation which includes specific exceptions where federal income tax remains applicable for specified groups (whether by income, occupation, or other criteria) will still qualify, as long as the primary outcome of the law is the removal of federal income tax for individuals earning under $150,000. Any bill signed into law or executive action taken within this market's time frame will qualify, regardless of when the law or action goes into effect. If it becomes impossible for Trump to sign legislation/perform executive actions (e.g., he resigns), this market will resolve to "No".

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 removes income tax on individuals making <$150k?

On November 9, Trump voiced the idea of a tariff-funded stimulus of about $2,000 per person, paid out of revenue from new import duties. You can read more about that here: https://www.cnn.com/2025/11/10/economy/tariff-rebate-check-proposal-what-to-know

This market will resolve to "Yes" if at least one million Americans have received payments of at least $1,000 directly attributable to tariff revenue by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The resolution source will be a consensus of credible reporting.

Will Americans receive tariff stimulus checks by December 31?

This market will resolve to "Yes" if Donald J. Trump, as President of the United States, signs into law a bill that lowers the maximum individual tax rate below 37% at any point between January 19 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

Note that the cut does not need to go into effect before the resolution date - it just needs to be signed into law by then.

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 cut taxes on high earners in 2025?

This market will resolve based on whether Donald Trump announces that he will vote for or endorse the listed candidate in the election named in the title.

If Donald Trump does not announce an endorsement by the day before the scheduled election at 11:59 PM ET, this market will resolve to "No".

The resolution source for this market will be official information from Donald Trump or one of his representatives, or a consensus of credible reporting of Donald Trump's endorsement.

Will Trump endorse Andy Barr for KY-Sen by Nov 2 2026 ET?

This market will resolve according to the next person Donald Trump appoints to the National Security Advisor position by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

This market will resolve based on Trump's first announcement - if Trump announces another person to this position first, this market will immediately resolve to "No".

This market refers to the first permanent National Security Advisor following Mike Waltz's departure from the role; any acting advisor or otherwise temporary advisor will not qualify toward a "Yes" resolution.

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

Will Steve Witkoff be next National Security Advisor?

The U.S. government collected $82.2b in customs duties in FY 2025 (See: https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2024/notes-to-the-financial-statements19.pdf).

This market will resolve according to the value of customs duties collected in FY 2025 according to the Financial Report of the United States Government published by the Treasury Department for FY 2025 (See: https://www.fiscal.treasury.gov/reports-statements/financial-report/)

If the Treasury Department does not publish relevant data for FY 2025 by February 28, 2026, 11:59 PM ET, this market will resolve to the lowest bracket. 

The resolution source will be the Treasury Department.

Will the U.S. collect between $100b and $200b in revenue in 2025?

This market will resolve to “Yes“ if the US House of Representatives by simple majority vote to approve or pass one or more articles of impeachment of President Donald Trump, between July 24, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

Neither trial nor conviction by the US Senate, nor removal from office, is necessary to resolve this market to “Yes“.

The primary resolution source for this market will be information from the federal government of the United States, however a consensus of credible reporting will be used.

Trump impeached by end of 2026?

This market will resolve to “Yes” if Donald Trump or his administration takes a formal action or makes an official announcement directing the deployment of National Guard troops to the listed city by December 31, 2025, 11:59 PM ET. Otherwise, the market will resolve to “No.”
A qualifying announcement or action will count, regardless of if/when the deployment actually occurs, or if the deployment is delayed, suspended, or subsequently blocked by judicial or other actions.

Qualifying actions include but are not limited to:
- A Presidential action (e.g., Executive Order, Presidential Memorandum) that directs or announces National Guard deployment to the listed city.
- An official White House/DoD/National Guard Bureau press release, fact sheet, or order explicitly stating that National Guard troops will be deployed to the listed city.
- A Secretary of Defense or NGB directive/order that calls up or assigns National Guard forces to the listed city, including under Title 32 (state control with federal funding) or Title 10 (federalized).
- An official federal announcement that specific state Guard units (including the listed city National Guard or out-of-state Guard) are being sent to the listed city.

Non-qualifying actions include:
- Informal announcements/social media posts which do not constitute a formal policy announcement 
- Ambiguous remarks, “we’re considering it,” broad statements like “ready to go anywhere,” or contingent plans without a clear directive to the listed city.
- Generic posture changes (e.g., standing up quick-reaction forces “nationwide”) that do not explicitly name the listed city as a deployment location.
- A state-only activation by the listed city's state Governor without any official Trump administration action or announcement about sending the Guard to the listed city.

The primary resolution source will be a consensus of credible reporting.

Will Trump send the national guard to Los Angeles by December 31?

This market will resolve to "Yes" if Donald Trump signs any bill into law that aims to repeal or alter presidential term limits as defined by the 22nd Amendment to the U.S. Constitution, or if the U.S. Supreme Court rules in a way that would permit a president to serve more than two terms by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

Any law signed meeting these criteria will count, even if its implementation is immediately halted or delayed by judicial or other actions.

This market's resolution source will be official information from the Trump administration and U.S. Supreme Court decisions.

Will Trump repeal Presidential term limits in 2025?

This market will resolve according to the location of the next meeting between Donald Trump and Vladimir Putin between September 30 and June 30, 2026, 11:59 PM ET.

This market will resolve to "No meeting by June 30" if no qualifying meeting occurs during this market's timeframe.

A meeting is defined as any encounter where Putin and Trump are all present and interact with each other in person.

An exchange of words, handshake, direct conversation, or other clear personal interaction between the named individuals will qualify as a meeting. Merely standing in proximity, making eye contact, or being present in the same room or event without direct interaction will not qualify.

For this market, Gulf states are defined as the six members of the Gulf Cooperation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates).

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

Will Trump and Putin meet next in another EU country?

This market will resolve to "Yes" if the Trump administration announces that the U.S. will cut military or intelligence aid to Ukraine by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". 

Any official announcement signaling a substantial reduction in either military or intelligence aid will qualify, regardless of whether or not the cuts actually occur. 

A qualifying announcement must state an actual decision to cut military or intelligence aid. Conditional, hypothetical, or contingent statements, such as “aid may be cut,” “could be cut,” or “will be cut if…”, will not qualify.

The primary resolution source will be official announcements from the Trump Administration; however, a consensus of credible reporting confirming that such cuts have occurred will also suffice.

Will Trump announce a cut to U.S. military or intelligence aid to Ukraine by December 31?

The U.S. government collected $82.2b in customs duties in FY 2025 (See: https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2024/notes-to-the-financial-statements19.pdf).

This market will resolve to "Yes"  if the value of costumes duties collected in FY 2025 according to the Financial Report of the United States Government published by the Treasury Department for FY 2025 (See: https://www.fiscal.treasury.gov/reports-statements/financial-report/) is greater than $250b. Otherwise this market will resolve to "No". 

If the Treasury Department does not publish relevant data  for FY 2025 by February 28, 2026, 11:59 PM ET, this market will resolve to "No". 

The resolution source will be the Treasury Department.


Will tariffs generate >$250b in 2025?

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 any federal jurisdiction of the United States and/or the District of Columbia formally charges or otherwise announces a criminal indictment of any former member(s) of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol by December 31, 2025, 11:59 PM ET.

This includes the following individuals: Bennie Thompson, Liz Cheney, Zoe Lofgren, Adam Schiff, Pete Aguilar, Stephanie Murphy, Jamie Raskin, Elaine Luria, Adam Kinzinger

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

Which countries will Trump impose tariffs on in first week?

China
$64,637 Vol.
No

Canada
$65,166 Vol.
No

Mexico
$30,315 Vol.
No

European Union
$15,895 Vol.
No

Japan
$18,723 Vol.
No

United Kingdom
$6,916 Vol.
No

Market Context

Which countries will Trump impose tariffs on in first week?

Rules

Which countries will Trump impose tariffs on in first week?

Market Context

Which countries will Trump impose tariffs on in first week?

About

Related

Which countries will Trump impose tariffs on in first week?

China$64,637 Vol.Nocircle xmark

Canada$65,166 Vol.Nocircle xmark

Mexico$30,315 Vol.Nocircle xmark

European Union$15,895 Vol.Nocircle xmark

Japan$18,723 Vol.Nocircle xmark

United Kingdom$6,916 Vol.Nocircle xmark

Market Context

Which countries will Trump impose tariffs on in first week?

Rules

Which countries will Trump impose tariffs on in first week?

Market Context

Which countries will Trump impose tariffs on in first week?

About

Related

China
$64,637 Vol.
No

Canada
$65,166 Vol.
No

Mexico
$30,315 Vol.
No

European Union
$15,895 Vol.
No

Japan
$18,723 Vol.
No

United Kingdom
$6,916 Vol.
No