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2,388,728,490

OPEN INTEREST:

$1,416,970,024

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Politics
When will Trump raise tariffs on Canada?
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When will Trump raise tariffs on Canada?

Volume:
$27,831

Before Oct 1, 2026

 - Kalshi

Before Oct 1, 2026 - Kalshi

1W

News

Positive

Negative

Neutral

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Vol.

·

Resolved Sep 12, 2026

Closed: Sep 11, 8:15 PM EST

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Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

Before Oct 1, 2026

View
100%
39%
Yes 100¢No 0¢
100¢
N/A
$11,450
N/A
N/A
$9,862
3mo 1w 3d
Yes
kalshi

Before Nov 1, 2026

100%
Yes 100¢No 0¢
100¢
N/A
$6,984
N/A
N/A
$5,585
3mo 1w 3d
Yes
kalshi

Before Jan 1, 2027

100%
Yes 100¢No 0¢
100¢
N/A
$4,938
N/A
N/A
$4,888
3mo 1w 3d
Yes
kalshi

Before Dec 1, 2026

100%
Yes 100¢No 0¢
100¢
N/A
$4,460
N/A
N/A
$4,100
3mo 1w 3d
Yes
Total markets: 4

Description

A U.S. president could issue an executive order or policy directive to impose new tariffs or increase existing ones on Canadian imports. Such actions would need to be formally announced and have a clear effective date within the specified timeframe.

Kalshi

The event resolves to Yes if Donald Trump personally takes presidential action to impose or increase tariffs on Canadian imports with a specified effective date, announced after issuance and before the deadline. The action must be explicit, have legal/policy effect, and be documented by a Source Agency. Statements, cabinet actions, legislative proposals, signing statements, agency-only notices, threats, or scheduled activations/expirations do not qualify. A future effective date is permissible, and publication by a Source Agency suffices for announcement.

Frequently asked questions

On Kalshi, the dashboard for the US-Canada tariff market tracks the current odds of former President Trump raising tariffs on Canada before Jan 8, 2027. You’ll find a price history chart showing how the probability of this event has changed over time, as well as the 24-hour trading volume, which is currently $17,011. The total volume traded on this market is $27,831, indicating the level of interest and activity among traders. This allows you to see how the collective prediction is evolving.

Currently, the prevailing sentiment in this market reflects traders’ beliefs about the likelihood of new tariffs being imposed. This differs from traditional analyst forecasts, which often rely on economic models and political analysis. The question of whether Trump will raise tariffs on Canada is subject to numerous unpredictable factors, and this market provides a real-time assessment of that uncertainty. It’s important to note that prediction market prices represent what people are willing to bet on, offering a unique perspective compared to expert opinions.

On Kalshi, this market is priced using a continuous double auction, meaning traders can buy and sell contracts representing their belief about the probability of the event occurring. The price of a contract reflects the implied probability – a higher price indicates a greater likelihood of tariffs being raised. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market depth shows the volume of buy and sell orders at different price points, giving you insight into the strength of conviction behind various predictions. Traders are constantly adjusting their positions based on new information, creating a dynamic and responsive price.

This market resolves around Jan 8, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, resolution will depend on whether former President Trump announces a formal policy of raising tariffs on goods imported from Canada. Any official statement or executive action enacting such tariffs will determine the outcome of this market. The resolution will be based on publicly available information, ensuring transparency and objectivity in determining the result.

Several factors could significantly influence the price of this market. Any statements made by former President Trump regarding trade policy with Canada would likely cause a reaction. Economic data releases related to both the US and Canadian economies could also play a role, as could political developments impacting the US-Canada relationship. Unexpected geopolitical events or shifts in the global trade landscape could also move this market. Monitoring news headlines and political commentary will be key to understanding potential catalysts for price changes.