Loading...
Market
What will be the outcome of the US lawmakers' call for action on the tariff loophole by the end of 2024?
2
Resolution / Starting Odds
Executive order issued • 25%
New legislation passed • 25%
New tariffs imposed • 25%
No significant action • 25%
Official announcements from the White House, Congress, or other relevant government agencies
Story
US Lawmakers Urge Biden to Close Tariff 'Loophole' for Chinese Imports, Uyghur Slave Labor
Sep 12, 2024, 05:31 AM
A majority of Democratic U.S. House Representatives have urged President Joe Biden to use his executive powers to close a tariff 'loophole' for low-value packages imported from China. This provision has been beneficial for China’s e-commerce companies but has drawn criticism for being unfair. More than 100 U.S. lawmakers have also highlighted concerns about the loophole allowing clothing made with Uyghur slave labor to reach American markets. The call for action was made on Wednesday, requesting an executive order.
View original story
Similar markets
Tariffs implemented • 25%
Tariffs blocked • 25%
Tariffs modified • 25%
No change • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Tariffs implemented • 25%
Tariffs withdrawn • 25%
Mutual agreement reached • 25%
Ongoing dispute • 25%
Supportive • 25%
Neutral • 25%
Opposed • 25%
Other • 25%
Trump elected and implements tariffs • 25%
Trump elected but does not implement tariffs • 25%
Another candidate elected and implements tariffs • 25%
Another candidate elected and does not implement tariffs • 25%
Tariffs imposed • 25%
Tariffs avoided with agreement • 25%
Temporary tariff suspension • 25%
Other outcome • 25%
Tariffs remain unchanged • 25%
Tariffs are increased • 25%
Tariffs are decreased • 25%
Tariffs are removed • 25%