Tariff increase on Canada in effect by December 31, 2026?
A prediction market on Polymarket. Yes is trading at 69.5¢, implying a 70% probability. 24-hour volume is $349. Resolves Dec 31, 2026.
Simulate your payout
- 24-hour volume
- $349
- Total volume
- $372
- Liquidity
- $461
- Resolves
- Dec 31, 2026
- Event
- Tariff increase on Canada in effect by...?
- Hosted on
- Polymarket
- Resolution source
- Polymarket / UMA oracle
About this market
On January 24, President Trump announced that the United States would apply a 100% tariff to all imports from Canada if a trade deal with China goes through. (see: https://www.reuters.com/world/china/trump-threatens-canada-with-100-tariff-over-possible-deal-with-china-2026-01-24/). This market will resolve to “Yes” if an increase in the general tariff rate on imports into the United States from Canada goes into effect for any amount of time by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. For the purpose of this market, "goes into effect" means the start date of the tariffs (as set by legislation or executive action) must have passed without being further delayed or suspended. Only tariffs which are in effect will qualify. Tariffs which are paused, or which have been announced but not yet gone into effect will not be considered. Only tariffs specifically targeting Canada will qualify. For example, a new global tariff (tariffs on all imports into the U.S.) will not count toward this market's resolution. The general tariff rate refers to the base tariff rate paid on imports, including any general tariff the U.S. imposes on all imports (e.g. a 10% tariff on all U.S. imports and a 50% tariff on top of that on Canadian imports would equal a 60% tariff). Item specific exceptions will not be considered (i.e. this market does not refer to the effective tariff rate). For the purpose of this market, an increase in the general tariff rate is defined as a rate greater than the rate in effect at the time of this market's creation. A general tariff that includes item specific exceptions will still qualify, as long as a policy of a general tariff on all imports into the United States from Canada is in effect which is greater than the policy in effect at the time of this market's creation. This market's primary resolution source will be official information from the Trump administration; however, a consensus of credible information will also be used.
Frequently asked questions
What is this prediction market about?
This is a Polymarket prediction market asking: "Tariff increase on Canada in effect by December 31, 2026?". Traders buy "Yes" tokens if they think the event will occur, or "No" tokens if they think it will not. Each token's price (in cents on the dollar) represents the market's consensus probability of that outcome.
What is the current probability?
The market currently prices "Yes" at 69.5¢, which implies a 70% probability. "No" trades at 30.5¢. The probability updates in real time as traders buy and sell.
When does this market resolve?
This market is scheduled to resolve on Dec 31, 2026. After resolution, the winning side's tokens redeem at $1 each (in USDC) and the losing side at $0.
How is the outcome decided?
Resolution follows Polymarket's standard process via UMA's optimistic oracle: a proposed outcome is submitted, and anyone may dispute it within a challenge window before settlement.
What does buying YES or NO actually mean?
"Yes" and "No" are outcome tokens on the Polygon blockchain. Each one pays out $1 in USDC if its outcome resolves true, otherwise $0. If you buy "Yes" at 69.5¢ and the outcome resolves "Yes", you receive $1 per token; if it resolves "No", your "Yes" tokens are worth nothing.
How much trading activity is there?
Over the last 24 hours, $349 has been traded on this market. Total volume since the market opened is $372. Current order-book liquidity is $461 — the amount that can be filled at or near the mid-price without significant slippage.
Where is this market hosted?
On Polymarket, the largest prediction-market platform in the world. Polymarket runs on the Polygon blockchain and uses USDC as collateral.
Is Polymarket available everywhere?
No. Polymarket is geographically restricted. Trading is blocked in some jurisdictions, including the United States. Polymarket detects your location and prevents deposits and trades where the service is unavailable. Always verify access from your country before depositing funds.
Can I see the live order book and top holders?
Yes. Spreadiction surfaces the live CLOB order book, top holders by USD value, recent whale trades and derived analytics for every active Polymarket market. Use the navigation: Markets, Whales, Signals, Alpha, Scanner.
Is anything on this page investment advice?
No. Spreadiction is an analytics tool. Nothing on this page is investment, financial, legal or tax advice. Prediction markets carry substantial risk of loss. See the full disclaimer for details.
Trade this market
Trading happens on Polymarket. You will need a Polygon wallet with USDC. Polymarket is geographically restricted — verify access from your jurisdiction before depositing.
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