Market
Will U.S. treasury revenues increase due to new tariffs by end of 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
U.S. Treasury Department reports or official financial statements
Story
Trump Announces 'External Revenue Service' on January 20 to Overhaul Trade System, Collect Massive Foreign Tariffs
Jan 20, 2025, 05:27 PM
On January 20, President Donald Trump, in his inaugural address, announced plans to establish an 'External Revenue Service' aimed at collecting tariffs and revenues from foreign sources. This new agency is part of Trump's strategy to overhaul the U.S. trade system to protect American workers and families. Trump stated that instead of taxing U.S. citizens to enrich other countries, the U.S. will impose tariffs and taxes on foreign nations to benefit its own citizens. He emphasized that this move would result in 'massive amounts of money' flowing into the U.S. treasury from foreign sources. Trump's proposal includes a broad tariff increase, though he did not specify rates, scope, or affected countries during his speech.
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Similar markets
No • 50%
Yes • 50%
Trade deficit decreases • 25%
Trade deficit remains the same • 25%
Trade surplus achieved • 25%
Trade deficit increases • 25%
Other • 25%
Increase • 25%
Decrease • 25%
No significant change • 25%
Moderate Decrease (5-10%) • 25%
Significant Decrease (>10%) • 25%
Increase in Trade Volume • 25%
No Significant Change • 25%
Yes • 50%
No • 50%
Inflation increases significantly • 25%
Inflation remains stable • 25%
Uncertain impact • 25%
Inflation decreases • 25%
