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What will be China's response to US tariffs by June 30, 2025?
2
Resolution / Starting Odds
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No significant response • 25%
Other • 25%
Official statements or actions taken by the Chinese government
Story
Trump Plans 25% Tariff on Mexico, Canada and 10% on China to Address Fentanyl and Immigration
Dec 23, 2024, 11:00 AM
President-elect Donald Trump has announced plans to impose tariffs on Mexico, Canada, and China, targeting issues of illegal immigration and the opioid crisis. Trump intends to charge a 25% tariff on all products from Mexico and Canada until the flow of drugs, particularly fentanyl, and illegal immigration is curtailed. Additionally, he plans to impose an additional 10% tariff on Chinese products, citing insufficient action from Beijing against the flow of illicit drugs into the US. These measures are part of Trump's broader strategy to address economic and security concerns, which he highlighted during his election campaign.
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Similar markets
Imposes retaliatory tariffs • 25%
Seeks negotiation • 25%
Takes no action • 25%
Other significant action • 25%
Retaliatory tariffs • 25%
Negotiations for trade agreements • 25%
No response • 25%
Other economic measures • 25%
Yes • 50%
No • 50%
Increase tariffs on US goods • 25%
Negotiate trade agreements • 25%
Introduce non-tariff barriers • 25%
No significant policy change • 25%
Implement retaliatory tariffs • 25%
Negotiate with the US • 25%
No official response • 25%
Other actions • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No action • 25%
Other • 25%
Currency Devaluation • 25%
Tariff Retaliation • 25%
Negotiations • 25%
Other Economic Measures • 25%
Impose retaliatory tariffs • 25%
Seek diplomatic negotiations • 25%
No significant response • 25%
Other • 25%
File a WTO complaint • 25%
Impose retaliatory tariffs • 25%
Seek bilateral negotiations • 25%
No significant action • 25%
Relocate production • 25%
Absorb costs • 25%
Increase prices • 25%
Other • 25%
Retaliatory tariffs on U.S. goods • 25%
Negotiation with the U.S. • 25%
No significant response • 25%
Other measures • 25%