Background On February 4, 2025, President Trump announced new tariffs on Chinese imports. While specific products like electric vehicles face a 100% tariff, and items such as solar cells and semiconductors face a 50% tariff, the general additional tariff rate on Chinese imports is 10%. Some products also face a 25% tariff, including critical minerals, steel, and aluminum.
Resolution Criteria This market will resolve YES if the general/universal tariff rate imposed on Chinese goods imported to the United States reaches or exceeds 100%. Product-specific tariffs that only apply to certain categories of goods will not count toward resolution. The market will resolve NO if the general tariff rate remains below 100%.
Considerations
The current universal tariff rate of 10% is significantly below the 100% threshold
While some specific products face higher tariffs, these targeted measures do not affect the resolution of this market
Changes in tariff rates typically require executive orders or legislative action and are publicly announced