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icon for US x China tariff agreement by May 31?

US x China tariff agreement by May 31?

icon for US x China tariff agreement by May 31?

US x China tariff agreement by May 31?

40% chance
Polymarket
NEW
40% chance
Polymarket
NEW
This market will resolve to "Yes" if an official agreement over tariffs, defined as a publicly announced mutual agreement, is reached between the United States and China between market creation and May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect. Informal and unilateral announcements which do not constitute a finalized agreement will not count. The publicly announced lowering of tariffs by both China and the U.S. will qualify as a mutual agreement over trade and/or tariffs if confirmed as part of a mutual agreement by an overwhelming consensus of credible reporting, even if a formal agreement isn’t mutually announced. Agreements that include the United States and China as parties, even if they also involve other countries will qualify for resolution. The primary resolution source for this market will be an official announcement by the United States and the People's Republic of China, however an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.Trader consensus tilts slightly toward no US-China tariff agreement by May 31, with "No" at 50.5%, reflecting uncertainty ahead of President Trump's planned summit with Xi Jinping on May 14-15 in Beijing. Recent developments include Treasury Secretary Bessent's April statements aiming to de-risk US supply chains from China in critical minerals and agriculture, where Beijing dominates 90% of rare earth processing vital for defense tech. A fragile 2025-2026 tariff truce—suspended reciprocal hikes via executive orders—holds, but tensions over Taiwan, soybeans, and pork exports persist, with US trade data stabilizing yet China's surplus dipping. A summit breakthrough on mutual reductions could surge "Yes" odds; stalemate or escalation would solidify "No."

This market will resolve to "Yes" if an official agreement over tariffs, defined as a publicly announced mutual agreement, is reached between the United States and China between market creation and May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect.

Informal and unilateral announcements which do not constitute a finalized agreement will not count.

The publicly announced lowering of tariffs by both China and the U.S. will qualify as a mutual agreement over trade and/or tariffs if confirmed as part of a mutual agreement by an overwhelming consensus of credible reporting, even if a formal agreement isn’t mutually announced.

Agreements that include the United States and China as parties, even if they also involve other countries will qualify for resolution.

The primary resolution source for this market will be an official announcement by the United States and the People's Republic of China, however an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.
Volume
$2,729
End Date
May 31, 2026
Market Opened
May 5, 2026, 8:03 PM ET
This market will resolve to "Yes" if an official agreement over tariffs, defined as a publicly announced mutual agreement, is reached between the United States and China between market creation and May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect. Informal and unilateral announcements which do not constitute a finalized agreement will not count. The publicly announced lowering of tariffs by both China and the U.S. will qualify as a mutual agreement over trade and/or tariffs if confirmed as part of a mutual agreement by an overwhelming consensus of credible reporting, even if a formal agreement isn’t mutually announced. Agreements that include the United States and China as parties, even if they also involve other countries will qualify for resolution. The primary resolution source for this market will be an official announcement by the United States and the People's Republic of China, however an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.
This market will resolve to "Yes" if an official agreement over tariffs, defined as a publicly announced mutual agreement, is reached between the United States and China between market creation and May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect. Informal and unilateral announcements which do not constitute a finalized agreement will not count. The publicly announced lowering of tariffs by both China and the U.S. will qualify as a mutual agreement over trade and/or tariffs if confirmed as part of a mutual agreement by an overwhelming consensus of credible reporting, even if a formal agreement isn’t mutually announced. Agreements that include the United States and China as parties, even if they also involve other countries will qualify for resolution. The primary resolution source for this market will be an official announcement by the United States and the People's Republic of China, however an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.Trader consensus tilts slightly toward no US-China tariff agreement by May 31, with "No" at 50.5%, reflecting uncertainty ahead of President Trump's planned summit with Xi Jinping on May 14-15 in Beijing. Recent developments include Treasury Secretary Bessent's April statements aiming to de-risk US supply chains from China in critical minerals and agriculture, where Beijing dominates 90% of rare earth processing vital for defense tech. A fragile 2025-2026 tariff truce—suspended reciprocal hikes via executive orders—holds, but tensions over Taiwan, soybeans, and pork exports persist, with US trade data stabilizing yet China's surplus dipping. A summit breakthrough on mutual reductions could surge "Yes" odds; stalemate or escalation would solidify "No."

This market will resolve to "Yes" if an official agreement over tariffs, defined as a publicly announced mutual agreement, is reached between the United States and China between market creation and May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect.

Informal and unilateral announcements which do not constitute a finalized agreement will not count.

The publicly announced lowering of tariffs by both China and the U.S. will qualify as a mutual agreement over trade and/or tariffs if confirmed as part of a mutual agreement by an overwhelming consensus of credible reporting, even if a formal agreement isn’t mutually announced.

Agreements that include the United States and China as parties, even if they also involve other countries will qualify for resolution.

The primary resolution source for this market will be an official announcement by the United States and the People's Republic of China, however an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.
Volume
$2,729
End Date
May 31, 2026
Market Opened
May 5, 2026, 8:03 PM ET
This market will resolve to "Yes" if an official agreement over tariffs, defined as a publicly announced mutual agreement, is reached between the United States and China between market creation and May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect. Informal and unilateral announcements which do not constitute a finalized agreement will not count. The publicly announced lowering of tariffs by both China and the U.S. will qualify as a mutual agreement over trade and/or tariffs if confirmed as part of a mutual agreement by an overwhelming consensus of credible reporting, even if a formal agreement isn’t mutually announced. Agreements that include the United States and China as parties, even if they also involve other countries will qualify for resolution. The primary resolution source for this market will be an official announcement by the United States and the People's Republic of China, however an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.

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Frequently Asked Questions

"US x China tariff agreement by May 31?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 40% for "Yes." For example, if "Yes" is priced at 40¢, the market collectively assigns a 40% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"US x China tariff agreement by May 31?" is a newly created market on Polymarket, launched on May 6, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "US x China tariff agreement by May 31?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "US x China tariff agreement by May 31?" is 40% for "Yes." This means the Polymarket crowd currently believes there is a 40% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "US x China tariff agreement by May 31?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.