Market icon

Will Trump raise or lower tariffs on China first?

Raise

<1% chance
Polymarket

$75,728 Vol.

This market will resolve to “Raise” if between April 9, 2025, 6:00 PM ET and June 30, 2025, 11:59 PM ET Donald Trump announces he will increase or impose additional tariffs on China prior to announcing he will pause, delay, remove or lower tariffs on China.

This market will resolve to “Lower” if between April 9, 2025, 6:00 PM ET and June 30, 2025, 11:59 PM ET Donald Trump announces he will pause, delay, remove or lower tariffs on China prior to announcing he will increase or impose additional tariffs on China.

If Trump does not raise or lower tariffs by June 30, 2025, 11:59 PM, this market will resolve to 50-50.

If Trump announces that he will raise and lower tariffs in a single statement (“We are lowering the general tariff to 40% and adding an additional tariff on Chinese steel”), this market will resolve to 50-50.

Only tariffs specifically targeting China will qualify. For example, changes to the global tariff (tariffs on all imports into the U.S.) will not count toward this market's resolution.

Any action which is announced within this market's time frame will qualify, regardless of if or when the tariffs go 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.
Volume
$75,728
End Date
Jun 30, 2025
Created At
Apr 9, 2025, 6:22 PM ET
This market will resolve to “Raise” if between April 9, 2025, 6:00 PM ET and June 30, 2025, 11:59 PM ET Donald Trump announces he will increase or impose additional tariffs on China prior to announcing he will pause, delay, remove or lower tariffs on China. This market will resolve to “Lower” if between April 9, 2025, 6:00 PM ET and June 30, 2025, 11:59 PM ET Donald Trump announces he will pause, delay, remove or lower tariffs on China prior to announcing he will increase or impose additional tariffs on China. If Trump does not raise or lower tariffs by June 30, 2025, 11:59 PM, this market will resolve to 50-50. If Trump announces that he will raise and lower tariffs in a single statement (“We are lowering the general tariff to 40% and adding an additional tariff on Chinese steel”), this market will resolve to 50-50. Only tariffs specifically targeting China will qualify. For example, changes to the global tariff (tariffs on all imports into the U.S.) will not count toward this market's resolution. Any action which is announced within this market's time frame will qualify, regardless of if or when the tariffs go 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.

Outcome proposed: Lower

Disputed

Outcome proposed: Lower

No dispute

Final outcome: Lower

Beware of external links.

Frequently Asked Questions

"Will Trump raise or lower tariffs on China first?" is a prediction market on Polymarket with 2 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Will Trump raise or lower tariffs on China first?" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 0¢ implies that the market collectively assigns a 0% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Will Trump raise or lower tariffs on China first?" has generated $75.7K in total trading volume since the market launched on Apr 9, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Will Trump raise or lower tariffs on China first?," browse the 2 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

This is a wide-open market. The current leader for "Will Trump raise or lower tariffs on China first?" is "Will Trump raise or lower tariffs on China first?" at just 0%. With no outcome commanding a strong majority, traders see this as highly uncertain, which can present unique trading opportunities. These odds update in real-time, so bookmark this page to watch how the probabilities evolve.

The resolution rules for "Will Trump raise or lower tariffs on China first?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.
Market icon

Will Trump raise or lower tariffs on China first?

Raise

<1% chance
Polymarket

$75,728 Vol.

This market will resolve to “Raise” if between April 9, 2025, 6:00 PM ET and June 30, 2025, 11:59 PM ET Donald Trump announces he will increase or impose additional tariffs on China prior to announcing he will pause, delay, remove or lower tariffs on China.

This market will resolve to “Lower” if between April 9, 2025, 6:00 PM ET and June 30, 2025, 11:59 PM ET Donald Trump announces he will pause, delay, remove or lower tariffs on China prior to announcing he will increase or impose additional tariffs on China.

If Trump does not raise or lower tariffs by June 30, 2025, 11:59 PM, this market will resolve to 50-50.

If Trump announces that he will raise and lower tariffs in a single statement (“We are lowering the general tariff to 40% and adding an additional tariff on Chinese steel”), this market will resolve to 50-50.

Only tariffs specifically targeting China will qualify. For example, changes to the global tariff (tariffs on all imports into the U.S.) will not count toward this market's resolution.

Any action which is announced within this market's time frame will qualify, regardless of if or when the tariffs go 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.
Volume
$75,728
End Date
Jun 30, 2025
Created At
Apr 9, 2025, 6:22 PM ET
This market will resolve to “Raise” if between April 9, 2025, 6:00 PM ET and June 30, 2025, 11:59 PM ET Donald Trump announces he will increase or impose additional tariffs on China prior to announcing he will pause, delay, remove or lower tariffs on China. This market will resolve to “Lower” if between April 9, 2025, 6:00 PM ET and June 30, 2025, 11:59 PM ET Donald Trump announces he will pause, delay, remove or lower tariffs on China prior to announcing he will increase or impose additional tariffs on China. If Trump does not raise or lower tariffs by June 30, 2025, 11:59 PM, this market will resolve to 50-50. If Trump announces that he will raise and lower tariffs in a single statement (“We are lowering the general tariff to 40% and adding an additional tariff on Chinese steel”), this market will resolve to 50-50. Only tariffs specifically targeting China will qualify. For example, changes to the global tariff (tariffs on all imports into the U.S.) will not count toward this market's resolution. Any action which is announced within this market's time frame will qualify, regardless of if or when the tariffs go 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.

Outcome proposed: Lower

Disputed

Outcome proposed: Lower

No dispute

Final outcome: Lower

Beware of external links.

Frequently Asked Questions

"Will Trump raise or lower tariffs on China first?" is a prediction market on Polymarket with 2 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Will Trump raise or lower tariffs on China first?" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 0¢ implies that the market collectively assigns a 0% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Will Trump raise or lower tariffs on China first?" has generated $75.7K in total trading volume since the market launched on Apr 9, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Will Trump raise or lower tariffs on China first?," browse the 2 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

This is a wide-open market. The current leader for "Will Trump raise or lower tariffs on China first?" is "Will Trump raise or lower tariffs on China first?" at just 0%. With no outcome commanding a strong majority, traders see this as highly uncertain, which can present unique trading opportunities. These odds update in real-time, so bookmark this page to watch how the probabilities evolve.

The resolution rules for "Will Trump raise or lower tariffs on China first?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.