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Home/Questions/Will There Be a Trade War in 2026?

Will There Be a Trade War in 2026?

Prediction market odds on tariffs and trade policy

Live odds across Polymarket, Kalshi & Limitless · refreshes every 15 minutes

Tariffs and trade policy have become one of the most consequential economic forces of 2026, affecting everything from consumer prices to stock market valuations. Prediction markets on Polymarket and Kalshi offer real-money contracts on specific tariff actions, trade deal timelines, and economic consequences. While market volume is still growing, the search interest in tariff predictions far exceeds most other economic topics.

Frequently Asked Questions

What are prediction markets saying about tariffs?

Prediction markets offer contracts on specific tariff actions (e.g., tariff rates on Chinese goods, EU trade negotiations) and their economic consequences. Check the live markets below for the latest probabilities.

How do tariffs affect the economy?

Tariffs increase the cost of imported goods, which can raise consumer prices (inflation), reduce trade volumes, disrupt supply chains, and trigger retaliatory tariffs from trading partners. Prediction markets help quantify the probability of various trade scenarios and their economic impact.

Will tariffs cause a recession?

Prediction markets offer separate contracts on both tariff actions and recession probability. The correlation between trade policy and recession risk can be observed by comparing odds across these markets. See our recession odds page for the latest recession probabilities.

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Live answer·Updated 35m ago

Will Americans receive tariff stimulus checks?

5.4%Before 2027-0.2pp 24hView market
US x China tariff agreement by December 31?
88.3%Yes
US x China tariff agreement by July 31?
99.1%No
Active Markets
20
Total Volume
$3.25M
24h Volume
$18.6K
Platforms
2

Americans Receive Tariff Stimulus Checks

Jan 1, 2027
Before 2027
Before July
Before June
Vol $2.88M24h $3.8K
KL
US China Tariff Agreement Dec 2026

US China Tariff Agreement Dec 2026

Dec 31
Yes
No
Vol $219.7K24h $512
PM
US x China tariff agreement by Jul 31?

US x China tariff agreement by Jul 31?

Ended
Yes1%
No99%
Vol $94.1K24h $5
PM

New Tariffs Become Law 2026

Jan 1, 2027
Before Jan 1, 2027
Before Nov 1, 2026
Before Sep 1, 2026
Vol $26.7K24h $252
KL

US Effective Tariff Rate Q2 2026

Aug 26
6%+
5%+
7%+
Vol $13.1K24h $5.3K
PM

CIT Strikes Down Trump Section 301 Tariffs

Jan 1, 2027
Before 2027
No
Vol $4.6K24h $4
KL

Will Boeing say "Tariff" during earnings call?

Ended
Yes1%
No99%
Vol $3.3K24h $2.3K
PM
US-Canada diplomatic agreement to lower tariffs by Aug 31?

US-Canada diplomatic agreement to lower tariffs by Aug 31?

Aug 31
Yes
No
Vol $2.4K24h $2.4K
PM

US China Tariff Agreement Jan 2027

Jan 8, 2027
Before Jan 1, 2027
Before Dec 1, 2026
Before Oct 1, 2026
Vol $2.2K24h $1.2K
KL

Will Amazon say "Tariff" during earnings call?

Ended
Yes69%
No31%
Vol $1.3K24h $1.3K
PM
Tariff increase on Canada in effect by Dec 31?

Tariff increase on Canada in effect by Dec 31?

Dec 31
By December 31, 2026
No
Vol $99024h $230
PM

Will Apple say "Tariff" during earnings call?

Ended
Yes90%
No10%
Vol $93724h $111
PM
US x China tariff agreement by Aug 31?

US x China tariff agreement by Aug 31?

Aug 31
Yes
No
Vol $93024h $930
PM

Will Cava say "Tariff" during earnings call?

Ended
Yes24%
No77%
Vol $85424h $250
PM

Chinese Import Tariff Rate Jan 1, 2027

Jan 8, 2027
10% or above
20% or above
30% or above
Vol $60424h $0
KL

Mexican Imports Tariff Rate Jan 1, 2027

Jan 8, 2027
10% or above
20% or above
30% or above
Vol $3624h $0
KL

Indian Import Tariff Rate Jan 1, 2027

Jan 8, 2027
10% or above
20% or above
30% or above
Vol $2624h $0
KL

Brazilian Import Tariff Rate Jan 1, 2027

Jan 8, 2027
10% or above
20% or above
30% or above
Vol $2524h $0
KL

Canadian Import Tariff Rate Jan 1, 2027

Jan 8, 2027
10% or above
20% or above
30% or above
Vol $624h $0
KL

EU Tariff Rate Jan 1, 2027

Jan 8, 2027
10% or above
20% or above
30% or above
Vol $524h $0
KL