Will Trump’s “Greenland tariff” on UK goods come into effect before 2nd February?
5
1kṀ198
Feb 1
23%
Tariffs unchanged from 17th January baseline.
38%
10% tariff enacted as stated on 17th Jan.
21%
New tariffs instated at a lower rate than threatened 10%.
17%
New tariffs instated at higher rate than threatened 10%.

Trump has threatened the UK, Denmark and other EU countries with tariffs of 10% starting Feb 1st until "such time as a Deal is reached for the Complete and Total purchase of Greenland".

But as we all know, TACO.

So this market is specifically on the tariffs coming into effect for the UK specifically, at the stated rate and on the stated date. I think I’ve covered all possible options with this multi-choice market but I’ll not bet just in case creative interpretation is needed. Resolution will be based on whatever is in place at the end if the 1st Feb, UK-time. A new tariff is anything not in place at market creation on Jan 17th.

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