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Market
How will U.S. consumer prices change due to the 10% tariff on Chinese imports by the end of 2024?
1
Resolution / Starting Odds
Increase by more than 5% • 25%
Increase by less than 5% • 25%
No significant change • 25%
Decrease • 25%
Consumer price index reports from the U.S. Bureau of Labor Statistics
Story
China Warns U.S. of Trade War Consequences After Trump's 10% Tariff Threat on Chinese Imports
Nov 26, 2024, 04:58 AM
China has issued a stern warning to the United States, stating that 'no one will win a trade war' following President-elect Donald Trump's announcement of imposing an additional 10% tariff on Chinese imports. The Chinese Embassy in Washington emphasized that trade and economic cooperation between China and the U.S. is inherently mutually beneficial, and no party would emerge victorious from a trade or tariff war. This response comes in the wake of Trump's pledge to address illegal drug trade and immigration issues through these new tariffs.
View original story
Similar markets
Significant increase (>5%) • 25%
Moderate increase (1-5%) • 25%
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Decrease • 25%
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Decrease in inflation • 25%
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Inflation fluctuates • 25%
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No significant change • 25%
Other • 25%
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Significant Increase • 25%
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Improvement in trade balance • 25%
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Initial worsening followed by improvement • 25%
