US and China reach trade agreement reducing tariffs below 100% by April?
18
1kṀ2343
Apr 30
51%
chance
8

Resolution Criteria:

- The question will resolve as "Yes" if, by 11:59 PM MST on April 30, 2025, credible news outlets (e.g., Reuters, NPR, The New York Times) or official statements from the U.S. or Chinese governments confirm a bilateral agreement that lowers the U.S. tariff rate on Chinese imports below 100% (from the current 145% as of April 11, 2025) or reduces China's retaliatory tariffs, even if temporary. The agreement must be explicitly announced or enacted within the timeframe.

- The question will resolve as "No" if no such agreement is confirmed by the deadline, or if tariffs remain at or above 100% without a formal reduction deal.

- If conflicting reports emerge, resolution will prioritize primary sources like government press releases or trade office statements. If no clear evidence is available, the question will resolve as "No."

Recent news highlights escalating trade tensions, with China imposing 125% tariffs on U.S. goods in retaliation for U.S. tariffs on Chinese imports, as reported on April 11, 2025. President Trump’s tariff policies have caused market volatility, with the Dow dropping 2.5% and Nasdaq falling over 4% on April 10 after a brief pause on some tariffs. Both sides face economic pressure—U.S. consumers and businesses are hit by higher costs, while China’s economy risks further strain. Posts on X reflect public debate about whether negotiations might yield a deal to ease tensions. The April 30 deadline allows time for potential talks (like envoy Steve Witkoff’s diplomatic efforts) while aligning with the high-profile nature of the story, which affects global markets, Hollywood, and consumers.

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