China is daring Trump to go ahead and increase the tariffs above the current 145% level
"The successive imposition of excessively high tariffs on China by the US has become nothing more than a numbers game, with no real economic significance," a spokesperson for China's Commerce Ministry said in a statement on Friday.
Will he go for it ?
Resolution Criteria
This market resolves to YES if the United States imposes tariffs on Chinese goods that exceed 150% at any point. It resolves to NO if tariffs on Chinese goods remain at or below 150% until the market's closing date.
To qualify, tariff changes need to go in effect, not merely be annouced.
Form the white house fact sheet: China now faces up to a 245% tariff on imports to the United States as a result of its retaliatory actions