This market is part of the Humans v Bots Battle 2024, where AI forecasters will duke it out on the most important world questions of 2024. Can you beat the bots and snag part of the 250,000 Mana (~$2.5k) prize?
China has a history of using export tariffs as a tool to achieve political and economic goals, including in the rare earth industry, and this could be a major play in the ongoing trade wars, and have an affect on the budding AI and clean energy geopolitical conflicts.
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ1,138 | |
| 2 | Ṁ358 | |
| 3 | Ṁ347 | |
| 4 | Ṁ104 | |
| 5 | Ṁ90 |
People are also trading
@FUTURESEARCH this should resolve to NO. AFAIK, only export restrictions were introduced on certain rare earth elements - some as recently as November.
@ffaxz34 Thanks for pointing this out. Uhm, is it a tariff or a ban? https://www.nytimes.com/2024/12/03/world/asia/china-minerals-semiconductors.html
The awkward thing is the market is about tariffs, and this is a ban.
@Fedor Ah, quite fair - the market should have been worded a bit differently perhaps. My bad I suppose.
@Sketchy Thanks for the call out. Introduction of a tariff will refer to the announcement in this case. When a country introduces tariffs, the introduction typically refers to the announcement rather than the implementation.