Market
How will China respond to U.S. tariffs by March 1, 2025?
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Resolution / Starting Odds
Retaliatory tariffs • 25%
Negotiations initiated • 25%
No response • 25%
Other measures • 25%
Official statements from the Chinese government or Ministry of Commerce
Story
Trump Considers 10% Tariff on China Imports Over Fentanyl, 25% on Mexico, Canada Starting February 1
Jan 22, 2025, 12:14 AM
U.S. President Donald Trump has announced that his administration is considering imposing a 10% tariff on imports from China, effective as early as February 1, due to the fentanyl issue. This decision is based on Trump's assertion that China is sending fentanyl to Mexico and Canada, which he claims is a significant issue for the United States. Trump has also indicated plans to impose a 25% tariff on Mexico and Canada starting on the same date, citing concerns over migration and drug trafficking. During his campaign, Trump had threatened tariffs as high as 60% on Chinese goods, but the current proposal marks a lower rate. The president's comments were made during a press conference at the White House, where he also discussed other trade-related issues with reporters.
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Similar markets
Retaliatory tariffs • 25%
Other • 25%
No significant response • 25%
Diplomatic negotiations • 25%
Other • 25%
No significant response • 25%
Diplomatic negotiations • 25%
Retaliatory tariffs • 25%
Seek diplomatic negotiations • 25%
Impose retaliatory tariffs • 25%
Other • 25%
No significant response • 25%
No retaliation • 25%
Tariffs on US goods • 25%
Non-tariff barriers • 25%
Diplomatic protest • 25%
Currency Devaluation • 25%
Tariff Retaliation • 25%
Negotiations • 25%
Other Economic Measures • 25%
No • 50%
Yes • 50%