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Markets bet on whether Trump will try and impose export tariffs

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Kalshi has reported 3,394 in volume over the last 24 hours on their market for “Will Trump try and impose export tariffs?”, making it one of the hottest markets on the platform today.

The market currently is implying a 12% chance for "Before 2025", which is neutral from yesterday, when the market implied a 12% probability.

If the President tries to impose any export tariffs before Dec 31, 2025, then the market resolves to Yes.

In total, this market has seen a volume of 22,302 transactions since it was first opened on March 19, 2025. There are 8,743 positions of open interest in this market, and the overall liquidity is sitting at 1,914,947 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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