Will Trump Impose Higher Tariffs On China? Crypto Bettors Now See An 80% Possibility
Posted On April 8, 2025
Amid an escalating trade war, cryptocurrency bettors sharply raised the odds that President Donald Trump would impose additional tariffs on a defiant China.
What happened: Bets in favor of the outcome surged past 80% on Polygon (CRYPTO: POL)-based Polymarket, marking a 58 percentage point increase over the last 24 hours.
Over $21,257 has been wagered on the possibility. This market will resolve to “Yes” if Trump signs any federal legislation or performs any executive action that imposes additional duties on China …