SimpleFunctions
Winner-take-all answer·3 source contracts·Kalshi 3·refreshed just now·Closes Jul 1, 2026 · 23d

Will the tariff rate on China imports be between 10% and 19.99% on Jul 1, 2026

Leader sits at 83% across 3 bound outcomes, runner-up at 9%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

83%

Between 10% and 19.99%

runner-up 9¢leader 83¢

Outcomes

3

winner-take-all

Runner-up

Below 10%

Spread

74pp

dominant leader

24h volume

$30

thin orderbook

Closes

Jul 1, 2026

23 days

Venue

Kalshi

3 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayBetween 10% and 19.99%: 83% (30 days, 25 points)Between 10% and 19.99%: 83% on 2026-06-06Below 10%: 10% (30 days, 25 points)Below 10%: 10% on 2026-06-07Between 30% and 39.99%: 3% (30 days, 11 points)Between 30% and 39.99%: 3% on 2026-06-01
Between 10% and 19.99%83¢Below 10%10¢Between 30% and 39.99%3¢
Top 3 candidates by current price · 30d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability indicates that markets currently assess a two-in-three chance that U.S. tariffs on Chinese imports will settle between 10% and 19.99% by July 1, 2026. The 64% price for the 10-19.99% band reflects expectations about ongoing trade negotiations and policy decisions. The probability level suggests meaningful uncertainty: markets are pricing in substantial probability for tariff rates outside this range—either lower (under 10%) or higher (20% or above). The main drivers include statements from U.S. trade officials regarding negotiation outcomes, actual tariff announcements or changes between now and early July, and broader trade relationship developments. The critical resolution point is the actual tariff rate announced or confirmed by July 1, 2026. Market participants are weighing recent policy signals against the possibility of significant changes in either direction during the next two months.

  • Current effective tariff rates on Chinese imports and recent policy announcements from U.S. trade officials
  • Public statements or proposals regarding tariff rate targets from government leadership between May and July 2026
  • Any interim tariff changes or negotiations announced before the July 1 measurement date
  • Market pricing of the three competing outcomes (below 10%, within 10-19.99%, and 20% or above) based on available information
  • Geopolitical developments or trade dispute escalations that could trigger tariff policy shifts in either direction

What moved the line

  • Jun 3Below 10%9pp2213¢ · Kalshi
  • Jun 3Between 10% and 19.99%6pp7177¢ · Kalshi
  • May 31Between 10% and 19.99%5pp6671¢ · Kalshi
  • Jun 4Between 10% and 19.99%4pp7781¢ · Kalshi
  • Jun 4Below 10%3pp1310¢ · Kalshi

Recently closed in recession

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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