50% tariff goes into effect on EU by July 9?
On May 25, President Donald Trump announced an extension on the 50% tariff deadline on the European Union until July 9. This market will resolve to “Yes” if the 50% general tariff on imports from the European Union into the United States goes into effect for any amount of time between May 26, 2025, and July 9, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”. For the purpose of this market, "goes into effect" means the start date for the 50% tariff, as announced by the Trump administration, must have passed without being further delayed or suspended. A general tariff greater than 50% will qualify for a "Yes" resolution. Only the 50% general EU tariff will qualify. For example, a new global tariff (tariffs on all imports into the U.S.) or specific goods (e.g., autos, steel, olive oil) will not count toward this market's resolution. 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.