Name: Will the Court Force Trump to Refund Tariffs?
Start: 2025-05-29T16:30:29.103948Z
End: 2025-12-31T12:00:00Z

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On May 28, 2025, the U.S. Court of International Trade ruled that Donald Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing a series of broad tariffs. The ruling blocked several major measures, including the “Liberation Day” tariffs—a 10% tariff on all imports and country-specific rates of up to 50%—as well as additional tariffs targeting Canadian, Mexican, and Chinese goods. The Trump administration has filed a single consolidated appeal of this decision, titled V.O.S. Selections, Inc. v. United States, currently pending before the U.S. Court of Appeals for the Federal Circuit.

This market will resolve to “Yes” if, by December 31, 2025, 11:59 PM ET, both of the following occur:

1. The Trump administration’s appeal in V.O.S. Selections, Inc. v. United States is denied, in whole or in part

2. U.S. importers receive refunds for at least some of the tariffs invalidated by the May 28, 2025 ruling.

Otherwise, this market will resolve to "No".

Announcements, court orders, or plans to issue refunds will not be sufficient for resolution unless actual refunds are issued within the market timeframe.

If the appeal is fully upheld and no refunds are issued, this market will resolve to “No”.

The primary resolution source will be official government or court information, or a consensus of credible reporting.


Will the Court Force Trump to Refund Tariffs?

This market will resolve to "Yes" if the Supreme Court of the United States issues a decision that reverses, vacates, or otherwise overturns the U.S. Court of Appeals for the Federal Circuit’s August 29, 2025 decision in V.O.S. Selections, Inc. v. Trump, in which the Federal Circuit held that the tariffs imposed by Executive Orders 14193, 14194, 14195, 14257, and 14266 exceeded the President’s authority under the International Emergency Economic Powers Act (IEEPA) by December 2026, 11:59 PM ET. Otherwise this market will resolve to "No." 

If the Supreme Court dismisses the case as improvidently granted, denies certiorari, grants/vacates/remands without deciding the merits of IEEPA authorization, affirms by an equally divided Court, or vacates due to mootness, or if the parties settle the case this market will resolve to "No." 

For purposes of this market, the government prevails if the Supreme Court rules on the merits that the tariffs are authorized under IEEPA, or otherwise reverses or vacates the Federal Circuit’s holding that they are unauthorized under IEEPA, regardless of whether the Court remands for further proceedings on issues such as remedy or scope of relief. The government does not prevail if the Supreme Court affirms the Federal Circuit’s decision that the tariffs are unauthorized by IEEPA, even if the Court modifies or vacates portions of the judgment relating only to remedy or injunctive relief.

The resolution source will be a consensus of credible reporting. 


Supreme Court rules in favor of Trump's tariffs?

On April 2, Donald Trump announced a 10% tariff on all imports set to take effect on April 5, 2025 at 12:01 a.m. EDT (see: https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/)

This market will resolve to “Yes” if Donald Trump signs any federal legislation or performs any executive action which pauses, delays, or removes the 10% general tariff by December 31, 2025, 11:59 PM ET. Otherwise this market will resolve to “No”.

Actions which remove the general 10% tariff will qualify even if there are item specific exceptions for which the tariff still applies. However, lowering the general tariff below 10% without removing it will not qualify.

Any action which is officially enacted within the market's time frame will qualify, regardless of when the removal goes into effect.

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.

Will Trump remove 10% blanket tariff in 2025?

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 the listed country/entity between September 1, and September 30, 2025, 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.

Agreements to extend tariff exemptions will qualify if announced as an individualized extension. However, tariff exemptions which are announced as part of a class of exemptions and do not reflect individual deals - such as Trump’s April 9 pause on all reciprocal tariffs other than those on China - will not qualify (see: https://www.whitehouse.gov/presidential-actions/2025/04/modifying-reciprocal-tariff-rates-to-reflect-trading-partner-retaliation-and-alignment/).  

Informal and unilateral announcements which do not constitute a finalized agreement will not count.
 
Agreements that include the United States and the listed country/entity as parties, even if they also involve other countries, will qualify for resolution.

The primary resolution source for this market will be a consensus of credible reporting confirming an agreement has been reached.

Will Trump agree to a tariff agreement with Switzerland in September?

This market will resolve to "Yes" if Donald Trump signs any federal legislation or performs any executive action enacting a tariff on imports of pharmaceuticals into the United States by September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Only tariffs specifically targeting pharmaceuticals will qualify. For example, a general tariff (tariffs on all imports into the U.S.) or country-specific tariff (tariffs on all imports from China) will not count toward this market's resolution.

Tariffs on pharmaceuticals from a specific country will qualify.

Any tariff which is officially enacted within the market's time frame will qualify, regardless of when the tariff goes into effect.

This market's primary resolution source will be official information from the Trump administration; however, a consensus of credible information will also be used.

Trump imposes tariff on pharmaceuticals by September 30?

This market will resolve to "Yes" if any individual is formally charged or criminally indicted for insider trading related to a tariff policy announcement made during the second Trump administration between July 11 and December 31, 2025, at 11:59 PM ET. Otherwise, this market will resolve to "No."

The primary resolution source for this market will be official information from relevant governmental sources; however, a wide consensus of credible reporting will also be used.

Will anyone be charged for insider trading Trump tariff announcements?

This market will resolve to "Yes" if Donald Trump signs any federal legislation or performs any executive action enacting a tariff on imports of semiconductors into the United States by September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Only tariffs specifically targeting semiconductors will qualify. For example, a general tariff (tariffs on all imports into the U.S.) or country-specific tariff (tariffs on all imports from China) will not count toward this market's resolution.

Tariffs on semiconductors from a specific country will qualify.

Any tariff which is officially enacted within the market's time frame will qualify, regardless of when the tariff goes into effect.

This market's primary resolution source will be official information from the Trump administration; however, a consensus of credible information will also be used.

Trump imposes tariff on semiconductors by September 30?

On August 11, 2025, the United States and China announced a 90-day extension of a mutual reduction in tariffs as part of a temporary trade de-escalation agreement.

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 August 12, and November 10, 2025, 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.

Agreements to extend the 90 day tariff reduction announced on August 12, will qualify.

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.

US-China tariff agreement before 90 day deadline?

This market will resolve to "Yes" if the European Union imposes any new or increased tariffs on the United States between July 23, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Any tariff which is officially enacted within the market's time frame will qualify, regardless of when the tariff goes into effect.

Only tariffs specifically targeting the U.S. will qualify. For example, a global tariff (tariffs on all imports into the EU) will not count toward this market's resolution.

Tariffs enacted by EU member states will not count. Only Tariffs imposed by the EU will qualify.

This market's primary resolution source will be official information from the European Union, however a consensus of credible reporting will also be used.

Will the EU impose new tariffs on US goods in 2025?

This market will resolve to "Yes" if the Trump Administration (including any federal court) publicly releases any files pertaining to the illegal activities of Jeffrey Epstein, which weren’t previously public between August 25 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Only files which were created prior to the start of the Trump Administration (January 20, 2025, 12:00 PM ET) will qualify. 

Announcements of declassifications or releases that are not implemented within this market's timeframe will not qualify.

The primary resolution source for this market will be official information from the government of the United States, however a consensus of credible reporting will also be used.


Will Trump release more Epstein files in 2025?

The U.S. government collected $82.2b in customs duties in FY 2025 (See: https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2024/notes-to-the-financial-statements19.pdf).

This market will resolve to "Yes"  if the value of costumes duties collected in FY 2025 according to the Financial Report of the United States Government published by the Treasury Department for FY 2025 (See: https://www.fiscal.treasury.gov/reports-statements/financial-report/) is greater than $250b. Otherwise this market will resolve to "No". 

If the Treasury Department does not publish relevant data  for FY 2025 by February 28, 2026, 11:59 PM ET, this market will resolve to "No". 

The resolution source will be the Treasury Department.


Will tariffs generate >$250b in 2025?

This market will resolve to "Yes" if a free trade agreement with the specified country or entity becomes law in the United States between July 25, and December 31, 2025, 11:59 PM ET. Th Otherwise, this market will resolve to "No".

This includes both agreements that become law through Senate ratification and Presidential approval, or through the enactment of a Congressional-Executive Agreement signed into law by the President.

The resolution source will be a consensus of credible reporting.

U.S. agrees to a new trade deal with "Canada"?

This market will resolve to “Yes“ if the US House of Representatives by simple majority vote to approve or pass one or more articles of impeachment of President Donald Trump, between July 24, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

Neither trial nor conviction by the US Senate, nor removal from office, is necessary to resolve this market to “Yes“.

The primary resolution source for this market will be information from the federal government of the United States, however a consensus of credible reporting will be used.

Trump impeached by end of 2026?

This market will resolve to “Yes“ if the US House of Representatives by simple majority vote to approve or pass one or more articles of impeachment of President Donald Trump, between January 20 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Neither trial nor conviction by the US Senate, nor removal from office, is necessary to resolve this market to “Yes“.

The primary resolution source for this market will be information from the federal government of the United States, however a consensus of credible reporting will be used.

Will Trump be impeached in 2025?

This market will resolve to "Yes" if Donald Trump, his administration (including any executive branch department, agency, or office), or the United States federal government files a lawsuit against Jerome Powell, in his personal or official capacity, by September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The lawsuit must be filed in a U.S. federal or state court and must name Jerome Powell as a defendant.

An announcement of a lawsuit will NOT qualify for a “Yes” resolution; a lawsuit must actually be filed.

The primary resolution sources for this market will be official information from the relevant U.S. federal court. However, a consensus of credible reporting may also be used.

Will Trump sue Powell by September 30?

This market will resolve to "Yes" if the US Internal Revenue Department ceases operations entirely by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

If the IRS is merged with another agency, resulting in a consolidated department with a shared administrative structure which is no longer titled the Internal Revenue Service it will count as a "Yes" resolution.

If it becomes impossible for Trump to sign legislation/perform executive actions (e.g. he resigns), this market will resolve to "No".

The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.

Trump abolishes IRS in 2025?

On August 11, 2025, the United States and China announced a 90-day extension of the mutual reduction in tariffs as part of a temporary trade de-escalation agreement.

This market will resolve according to the general tariff rate on imports into the United States from the People's Republic of China on November 12, 2025, 12:00 PM ET.

The general tariff rate refers to the base tariff rate paid on imports, including any general tariff the U.S. imposes on all imports (e.g. a 10% tariff on all U.S. imports and a 50% tariff on top of that on Chinese imports would equal a 60% tariff).

If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.

Item specific exceptions or increases will not be considered (i.e. this market does not refer to the effective tariff rate).

Only tariffs which are in effect will qualify. Tariffs which are paused, or which have been announced but not yet gone into effect will not be considered.

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.

Will the U.S. tariff rate on China be between 25% and 40% on November 12?

On September 19, 2025, Donald Trump announced a $100,000 payment requirement for H-1B visa petitions in the Presidential Proclamation “Restriction on Entry of Certain Nonimmigrant Workers,” set to take effect on September 21, 2025 at 12:01 a.m. EDT.

This market will resolve to “Yes” if Donald Trump signs any federal legislation or performs any executive action which pauses, delays, or removes the $100,000 H-1B visa petition fee by October 31, 2025, 11:59 PM ET. Otherwise this market will resolve to “No”.

Actions which remove the $100,000 H-1B visa petition fee will qualify even if other conditions, exceptions, or requirements for H-1B visas remain in place. However, lowering the fee below $100,000 without removing it will not qualify.

As it pertains to pauses, delays, or removals of the $100,000 fee, judicial or other actions not initiated by the Trump administration, which ban or block the listed fee, will not alone qualify. However, if the Trump administration — including any executive branch agency such as the Department of Homeland Security (DHS) or the Department of State — pauses, delays, removes, or otherwise ceases enforcement of the listed fee in compliance with a court order, this will qualify even if not publicly announced or formalized by legislation or an executive order.

Any action which is officially enacted within the market’s time frame will qualify, regardless of when the removal goes into effect.

This market’s primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.

Will Trump pause/remove 100k H-1B policy by October 31?

This market will resolve to "Yes" if Donald Trump is formally removed from the office of the President of the United States by means of the process outlined in Section 4 of the 25th Amendment to the US Constitution by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

If the Vice President becomes Acting President via the process outlined in Section 3 of the 25th Amendment, it will not effect the resolution of this market. Only Trump’s removal from office via the process outlined in Section 4 of the 25th Amendment will qualify for a "Yes" resolution.

If Trump ceases to be POTUS before this market's expiration date for any other reason, this market may immediately resolve to "No".

The resolution source for this market will be official information from the US government.

Trump removed via 25th Amendment in 2025?

This market will resolve to “Yes” if it is announced that that the listed individual will leave the Trump Administration, or otherwise ceases to be a member of administration by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement of the listed individual's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

The Trump administration includes individuals formally appointed by Donald Trump to roles within the U.S. federal government, such as Cabinet members, Executive Office staff, senior policy advisors, ambassadors, or White House staff whose appointments are publicly announced by official government channels.

The primary resolution source will be official information from the Trump administration, however a consensus of credible reopening may also be used.

Will Dan Bongino leave the Trump administration in 2025?

This market will resolve to "Yes" if Donald Trump signs any bill into law that aims to repeal or alter presidential term limits as defined by the 22nd Amendment to the U.S. Constitution, or if the U.S. Supreme Court rules in a way that would permit a president to serve more than two terms by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

Any law signed meeting these criteria will count, even if its implementation is immediately halted or delayed by judicial or other actions.

This market's resolution source will be official information from the Trump administration and U.S. Supreme Court decisions.

Will Trump repeal Presidential term limits in 2025?

This market will resolve to “Yes” if any U.S. court blocks the implementation of any portion of the $100,000 payment requirement for H-1B visa petitions announced in “Restriction on Entry of Certain Nonimmigrant Workers” (Presidential Proclamation, Sept 19, 2025) by September 30, 2025, 11:59 PM ET. Otherwise, it will resolve to “No”.

Any official court action that temporarily halts or permanently blocks implementation—e.g., a temporary restraining order, preliminary injunction, stay, or substantially similar order—will qualify. Filings, hearings, or statements without an operative order will not qualify.

The primary resolution source will be official information from the relevant courts; a consensus of credible reporting may also be used.

Will courts block Trump's 100k H1b by September 30?

This market will resolve to "Yes" if Donald Trump signs a bill into law or performs any executive action changing US tax law to establish a de minimis tax exemption on cryptocurrency transactions by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Such a bill must apply to US taxpaying persons in general; if a law applies only to specific companies or institutions, it will not qualify toward a "Yes" resolution to this market.

If the tax exemption only applies for specific types or classes of crypto assets (e.g., only Bitcoin or Ethereum, only American issued cryptocurrencies, or only NFTs), it will still count toward a "Yes" resolution for this market.

If the bill is signed into law, or executive action is instituted before the resolution date, it will suffice to resolve this market to "Yes" regardless of when it takes effect.

The primary resolution source for this market will be official information from the US federal government, however a consensus of credible reporting will also be used.


Trump enacts a de minimis crypto tax exemption before 2026?

This market will resolve to "Yes" if the United States formally initiates a withdrawal from the World Trade Organization (WTO) or provides official written notice of withdrawal to the Director-General of the WTO by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A notice of withdrawl refers to the submission of a written notice of withdrawal as per Article XV of the Marrakesh Agreement establishing the World Trade Organization (https://www.wto.org/english/res_e/publications_e/ai17_e/wto_agree_art15_oth.pdf).

Any action meeting these criteria will qualify for a “Yes” resolution regardless of if its implementation is immediately halted or delayed by judicial or other actions.

The resolution source will be official information from the US government and the WTO, however a consensus of credible reporting may also be used.

US announces withdrawal from WTO in 2025?

This market will resolve to "Yes" if Donald Trump issues a presidential veto of any bill by December 31, 2025, at 11:59 PM ET. Otherwise, this market will resolve to "No".

The resolution source will be official congressional records and a consensus of credible reporting.

Will Trump veto a bill in 2025?

This market will resolve to "Yes" if at least one cabinet-level Donald Trump appointee from his second term leaves their position by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Voluntary resignations, removals, retirements, or departures for any reason will count.

Announcements alone will not qualify toward this market's resolution. An individual must actually have left their cabinet-level position.

Temporary or acting officials will not count toward this market's resolution.

The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.

Trump cabinet member out in 2025?

The U.S. government collected $82.2b in customs duties in FY 2025 (See: https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2024/notes-to-the-financial-statements19.pdf).

This market will resolve according to the value of customs duties collected in FY 2025 according to the Financial Report of the United States Government published by the Treasury Department for FY 2025 (See: https://www.fiscal.treasury.gov/reports-statements/financial-report/)

If the Treasury Department does not publish relevant data for FY 2025 by February 28, 2026, 11:59 PM ET, this market will resolve to the lowest bracket. 

The resolution source will be the Treasury Department.

Will the U.S. collect between $200b and $500b in revenue in 2025?

On April 4, 2025, President Trump signed an executive order extending the delay of enforcement of the Protecting Americans from Foreign Adversary Controlled Applications Act, which prohibits TikTok in the United States, until September 17, 2025 (see: https://www.whitehouse.gov/presidential-actions/2025/06/further-extending-the-tiktok-enforcement-delay/)

This market will resolve to "Yes" if a U.S. government ban that prohibits access or use of the TikTok app by the majority of Americans in the United States becomes legally enforceable for any amount of time between July 24, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

If Trump’s executive order delaying enforcement of the ban expires or is removed without TikTok coming into compliance with U.S. laws and regulations, this market will resolve to “Yes” regardless of whether enforcement action is taken by the U.S. government.

If TikTok is sold to another entity in such a way that it comes into compliance with U.S. laws and regulations this market will resolve to "No".

The primary resolution source for this market will be information from the US federal government, however a consensus of credible reporting will also be used.

Will TikTok be banned in 2025?

This market will resolve if the value of the "[US] Federal government current tax receipts: Taxes on production and imports: Customs duties" for Q3 2025 is higher than Q2 2025, as defined and reported by the Federal Reserve Bank of St. Louis via the following source: https://fred.stlouisfed.org/series/B235RC1Q027SBEA

Only initial releases of each quarterly value will be used for resolution. Revisions made after the initial Q3 2025 release will not be counted.

If all relevant data is not published by December 31, 2025 ET, this market will resolve 50-50.

The resolution is based exclusively on the data shown in the chart linked above.

US tariff revenue up in Q3 2025?

This market will resolve to "Yes" if Donald Trump signs a bill into law or performs any executive action changing US tax law to eliminate the federal tax exemption on interest from municipal bonds by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

If the exemption is eliminated only for specific types or classes of municipal bonds (e.g., only newly issued bonds, only bonds from certain states or localities, or only bonds purchased after a certain date), it will still count toward a "Yes" resolution for this market.

If the bill is signed into law, or executive action is instituted before the resolution date, it will suffice to resolve this market to "Yes" regardless of when it takes effect.

The primary resolution source for this market will be official information from the US federal government, however a consensus of credible reporting will also be used.

Will Trump remove municipal bond tax exemption in 2025?

This market will resolve to "Yes" if President of the United States Donald Trump announces he has resigned or will resign the presidency by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."

If it becomes impossible for Donald Trump to resign or to announce his resignation (e.g., due to his removal from office by other means, etc.), this market will immediately resolve to "No."

For this market to resolve to "Yes," it is only necessary that Trump announce that he has resigned or will resign. Whether he actually resigns will have no bearing on the resolution of this market.

The primary resolution source for this market will be official information from the US federal government; however, a consensus of credible reporting will also be used.

Will Trump resign by December 31, 2026?

If U.S. President Donald Trump visits China by March 31, 2026, 11:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No".

For the purpose of this market, a "visit" is defined as Trump physically entering the terrestrial or maritime territory of the listed country. Whether or not Trump enters the country's airspace during the timeframe of this market will have no bearing on a positive resolution.

The primary resolution source for this information will be official information from government of the United States of America, official information from Trump or released by his verified social media accounts (e.g. https://twitter.com/POTUS), however, a consensus of credible reporting will also be used.

Will Trump visit China by March 31?

This market will resolve to "Yes" if at least one seat on the United States Supreme Court becomes vacant between January 1 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official announcements from the U.S. Government. However, a consensus of credible reporting may also be used.  

Supreme Court vacancy in 2025?

This market will resolve to "Yes" if the US federal income tax is eliminated between January 21 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, "abolishing the federal income tax" means the elimination of federal income tax obligations for individuals in the US, not merely reductions, suspensions, or alterations to tax rates, brackets, or enforcement policies. The market will not consider executive orders, temporary measures, or proposals that do not become law.

The primary resolution source for this market will be official information from the US federal government, including announcements from Donald Trump and the IRS, however a consensus of credible reporting will also be used.

Trump abolishes the Federal Income Tax in 2025?

On August 18, 2025, President Donald J. Trump announced his commitment to eliminate mail-in voting and voting machines in U.S. elections, ahead of the 2026 midterms.

This market will resolve to “Yes” if Donald Trump signs any federal legislation or performs any executive action that inhibits mail-in voting or voting machines from use for the 2026 midterm election by December 31, 2025, 11:59 PM ET ET. Otherwise, this market will resolve to “No”.

Any executive action or legislation that restricts, limits, or prohibits the use of mail-in voting or voting machines in any way will qualify, even if the action is delayed, suspended, or subsequently blocked by judicial or other actions.

This market’s primary resolution source will be official information from the Trump administration; however, a consensus of credible information from major news outlets or government statements will also be used.

Will Trump act to ban mail-in voting or voting machines in 2025?

Jair Bolsonaro was recently found guilty by 4 of 5 justices on the Brazilian supreme court in charges related to a coup attempt. Donald Trump has referred to the trial as a "witch hunt" and implied that sanctions could be leveled as a consequence. You can read more about that here: https://www.politico.com/news/2025/09/11/bolsonaro-supreme-court-conviction-00558165

This market will resolve to "Yes" if the United States officially imposes new sanctions of any form against any Brazilian Supreme Federal Court Justice between September 11, and September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Sanctions on the country or broader institutions (e.g., sanctions that target Brazil, the Brazilian government, etc.) will not qualify, however sanctions that target the Brazilian Supreme Court in particular will.

The passage of an official act/executive order authorizing qualifying sanctions within this market's timeframe will count toward a "Yes" resolution, regardless of if/when the sanctions come into effect.

The primary resolution source for this market will be the official information from the US government, however a consensus of credible sources will also be used.

New US sanctions on Brazilian Supreme Court Justices by September 30?

This market will resolve to "Yes" if the US Department of Education ceases operations entirely, including the termination of all federal educational programs managed by the department, by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

If the US Department of Education is merged with another agency, resulting in a consolidated department with a shared administrative structure which is no longer titled the Department of Education it will count as a "Yes" resolution.

If it becomes impossible for Trump to sign legislation/perform executive actions (e.g. he resigns), this market will resolve to "No".

The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.

Will Trump end Department of Education in 2025?

This market will resolve to "Yes" if Donald J. Trump, as President of the United States, signs into law a bill that lowers the corporate tax rate in the United States below 21% at any point between January 19 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

Note that the cut does not need to go into effect before the resolution date - it just needs to be signed into law by then.

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.



Will Trump cut corporate taxes in 2025?

This market will resolve to "Yes" if the Panama Canal comes under US control by December 31, 2025, 11:59 PM ET. Otherwise this market will resolve to "No".

For the purposes of this market, US control means the United States assumes primary operational authority over the canal, either via diplomatic agreement, military action, or any other means.

An official announcement made by the United States and Panama that the Panama Canal will come under US control will qualify, even if the actual transfer of control is yet to occur. Only announcements of official agreements or actions (e.g. executive order, signed legislation, etc.) will count - mere posts on Social Media will not.

The resolution source for this market will be official information from the US Government and the Government of Panama, however a consensus of credible reporting confirming that the Panama Canal has come under US sovereignty will also qualify.

Trump takes Panama Canal in 2025?

This market will resolve to "Yes" if the Trump administration declassifies any previously classified files pertaining to extraterrestrial life and/or unexplained arial phenomena by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Announcements of declassifications that are not implemented within this market's timeframe will not count.

The primary resolution source for declassification will be official information from the government of the United States, however a consensus of credible reporting will also be used.

Trump declassifies UFO files in 2025?

This market will resolve to "Yes" if the listed individual receives a presidential pardon, commutation, or reprieve from Donald Trump by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source for whether the individual is pardoned or not will be official information from the US government, however a consensus of credible reporting will also be used.

Will Trump pardon Changpeng Zhao in 2025?

This market will resolve according to the next individual that it is announced will leave the Trump Cabinet, or otherwise ceases to be a member of administration. If no one leaves by December 31, 2025, 11:59 PM ET, this market will resolve to “None in 2025”.

An announcement of an individual's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

If multiple individuals announce departures or are removed at the same time, the market will resolve to the individual who actually leaves office first. If they leave simultaneously, the market will resolve to the individual whose last name is alphabetically first.

For the purposes of this market, the Cabinet includes Vice President, the heads of the 15 executive departments, as well as the Administrator of the Environmental Protection Agency (EPA), the President’s Chief of Staff, the Director of National Intelligence (DNI), the Director of the Office of Management and Budget (OMB), the Director of the Central Intelligence Agency (CIA), the United States Trade Representative (USTR), the Ambassador to the United Nations, the Chair of the Council of Economic Advisers (CEA), and the Administrator of the Small Business Administration (SBA). Acting officials serving in these roles are not included. The Director of the Office of Science and Technology Policy (OSTP) is not considered Cabinet-level under the current Trump administration and is excluded from this market.

An individual will be considered to have left the Cabinet if they resign from or are removed from any Cabinet-level position, even if they are subsequently appointed to a different Cabinet-level role.

If a candidate who is not already listed, assumes a listed cabinet position they will be added to the market. However, candidates who have merely been nominated for a cabinet position (e.g. Mike Waltz) will not be considered to have left, even if their nomination is rejected or withdrawn. 

The primary resolution source will be official information from the Trump administration, however a consensus of credible reopening may also be used.


Will None in 2025 occur?

This market will resolve to "Yes" if Donald Trump officially appoints, or announces the appointment of a special prosecutor, special counsel, or other independent prosecutor to investigate matters related to Jeffrey Epstein by December 31, 2025, 11:59 PM ET.  Otherwise, this market will resolve to “No.”
 
To qualify, the appointee must be explicitly tasked with investigating the Epstein case. A public statement from Trump, the White House, or the Department of Justice confirming the appointment will be sufficient for a “Yes” resolution regardless of when the appointment goes into effect. 

General statements of intent without a named appointee will not qualify. 

The primary resolution source will be official announcements from the Trump administration or a consensus of credible reporting.

Trump appoints special prosecutor for Epstein case in 2025?

This market will resolve to "Yes" if Donald Trump officially invokes the Insurrection Act of 1807 by December 31, 2025 at 11:59 PM ET. Otherwise, it will resolve to "No".

For the purposes of this market, "invoke" means that the President formally announces the use of the Insurrection Act as legal authority for deploying active-duty U.S. military forces or federalizing the National Guard in response to civil disorder, insurrection, or rebellion.

The resolution source will be a consensus of credible reporting.


Trump invokes the Insurrection Act in 2025?

On April 4, China implemented a series of restrictions on the export of a variety of rare earth metals. You can read more about that here: https://www.nytimes.com/2025/04/13/business/china-rare-earths-exports.html

This market will resolve to "Yes" if the Chinese government officially lifts, removes, or reduces any of the export restrictions placed on rare earth metals on April 4, between July 23 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

The issuance of a qualifying official act by China within this market's timeframe will count toward a "Yes" resolution, even if the lifting or reduction of the stated export ban does not come into effect until after this market's resolution date.

The primary resolution source will be official information from the government of the United States, however a consensus of credible reporting may be used.

Will China lift rare earths export ban by December 31?

This market will resolve to "Yes" if Donald Trump publicly and unequivocally announces that he is removing another Fed Governor before their term is up, or takes formal action toward doing so, such as issuing a directive or formal request between August 25 and October 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Statements which are contingent (e.g. “Powell must step down or raise rates”), statements of intent (e.g.“I am planning to fire Powell”) or other informal statements which are not unequivocal will not qualify.

The resolution source will be official information from Donald Trump however a consensus of credible reporting may also be used.

Will Trump try to fire another Fed Governor by October 31?

This market will resolve to “Yes” if Donald Trump or his administration officially announces that the Department of Government Efficiency (DOGE) will be terminated before its currently scheduled end date of July 4, 2026, at any point on or before December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Only official policy announcements will qualify.

Informal statements, plans contingent on future conditions, statements of intent without a formal policy directive, restructuring announcements that do not specify termination, or any other statements that do not constitute a formal announcement of early termination will not be considered.

The resolution source will be official announcements from the Trump administration, however a consensus of credible reporting may also be used.

Will the Court Force Trump to Refund Tariffs?

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Will the Court Force Trump to Refund Tariffs?

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Will the Court Force Trump to Refund Tariffs?

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Will the Court Force Trump to Refund Tariffs?

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