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Benzinga
133 days

Will Trump Impose Higher Tariffs On China? Crypto Bettors Now See An 80% Possibility

1. Tariff odds on China surged above 80% amid a trade war. 2. Polymarket saw a 58% jump in bets for additional tariffs. 3. China retaliated with a 34% tariff on U.S. goods. 4. Trump threatens further 50% duties if tariffs are not removed. 5. Market uncertainties are rising, impacting global economic stability.

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FAQ

Why Bearish?

Increased tariffs can lead to slower economic growth, affecting S&P 500 companies. Historical examples show market declines during trade escalations, such as 2018 tariffs.

How important is it?

Rising tariffs create uncertainty, likely causing volatility in major S&P 500 companies dependent on trade.

Why Short Term?

The issue is immediate, with tariffs potentially being enacted soon. Similar past events have shown markets reacting quickly to trade conflicts.

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