ManifoldGeopoliticsUpdated 2h ago

Will the U.S. remove its 25% tariffs on most Brazilian goods by the end of 2026?

As of Oct 6, 2026, 4:16 PM ET, Manifold priced this market at 18.1% (little changed over 24 hours). It had Ṁ50 traded in the past 24 hours and Ṁ100 of order-book liquidity. probcast.co rates the support behind this price as moderate.

Market probability
18.1%
Little changed over 24 hours
86 days until the event deadline
Deadline: January 1, 2027 at 1:59 AM ET

Data is not live — latest snapshot Oct 6, 4:16 PM ET

No meaningful repricing — the probability is steady.

The pricing has partial support: moderate trading volume.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Moderate

The pricing has partial support: moderate trading volume.

Consensus stability

Has the market settled at the new probability?

Stable

The probability has held near its current level over the past several hours.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$77.6 traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

Resolution criteria This market is about the U.S. 25% tariff on most imports from Brazil announced in July 2026 under Section 301.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

Resolution criteria This market is about the U.S. 25% tariff on most imports from Brazil announced in July 2026 under Section 301. CNBC described the tariff as taking effect on July 22, 2026, with exemptions for some goods such as beef, orange juice, aircraft and parts, and energy products. Resolves YES if, by December 31, 2026, the U.S. has officially ended, suspended, or reduced this 25% Section 301 tariff so that it no longer applies to most Brazilian goods. Resolves NO if, on December 31, 2026, the 25% tariff is still in effect for most Brazilian goods. Small product-specific exemptions do not count unless the tariff is broadly removed, suspended, or reduced for most Brazilian goods. Source/context: https://www.cnbc.com/2026/07/16/us-tariffs-brazil-unfair-trade-practices-section-301-.html

What could move this market next?

  • The market's deadline arrivesJanuary 1, 2027 at 1:59 AM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Oct 6, 6:01 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±17 pts.

Thin marketLegacy movement classifier: watch

What's happening

low classifier confidence
Thin market

Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.

  • Thin book and/or wide spread.

Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
15Low
Where the price path tends to go next1079 observed
  • Illiquid / quiet99%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life —
PredictabilityStable

Secondary read: leaning toward Stale price.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Market data

24h volume

Ṁ50

Liquidity

Ṁ100

Total volume

Ṁ77.6

Category
Geopolitics
Venue
Manifold
Open interest
—
Current probability
18.1%
Resolves
Jan 1, 2027
Change (pts)1H0.06H0.024H0.07D0.0

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