Polymarket Odds for 100% U.S. Tariff on China Fall to 11%
Betting platform data shows reduced market expectations for a full tariff hike by November 1.
Summary
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Terms & Concepts
- Tariff: A government-imposed tax on imported goods, often used to protect domestic industries or influence trade balances.
- Polymarket: A decentralized prediction market platform that allows users to bet on the outcomes of real-world events using cryptocurrency.
- Prediction Market: A marketplace for trading contracts based on the outcomes of future events, where prices reflect collective expectations.