ManifoldPlay moneyAI / TechLikely noiseUpdated 7m ago

Will the U.S. lower its 50% tariffs on Canadian goods before November 2026?

As of Oct 26, 2026, 2:53 AM ET, Manifold priced this market at 83.3% (up from 63.7% 24 hours earlier). It had 55.9 mana traded in the past 24 hours and 100 mana of pool liquidity. probcast.co rates the support behind this price as weak.

Market probability
83.3%
+19.6 percentage points
over 24 hours63.7% → 83.3%
Moving fastBig move, weak backingResolving soon

Play-money market (mana, not dollars) — thin market where small orders can move the price — and today's move was spread across many accounts.

Price historyManifold

Source: Manifold price history

How credible was the move?

Methodology →

Move validity

Weak

Consensus stability

Stable

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

Thin

Pool liquidity

100 mana

Bid-ask spread

n/a

automated market maker

24h volume

55.9 mana

Total volume

230.1 mana

Play money: depth is in mana, so it says nothing about real-money conviction.

Who's trading

Whose opinion is this price?

Broad participation
21%of the traded money came from the single largest account

Accounts

14

Trades

28

over 61 days

Largest order

42.5 mana

222 mana traded across these 28 trades (last 61 days).

Many independent accounts traded — the price reflects a crowd, not one trader.

Recent trade activity$222 traded

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

What this market actually measures

Resolves YES if, on or before 2026-10-31 23:59 US Eastern, the United States government formally LOWERS its 50% tariff rate on Canadian goods. **What counts (YES):** a Presidential Proclamation, Executive Order, or agency notice published on federalregister.gov (or posted on whitehouse.gov and subsequently published) that either (a) reduces the ad valorem duty rate below 50% for any product category covered by the th…

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

Resolves YES if, on or before 2026-10-31 23:59 US Eastern, the United States government formally LOWERS its 50% tariff rate on Canadian goods. **What counts (YES):** a Presidential Proclamation, Executive Order, or agency notice published on federalregister.gov (or posted on whitehouse.gov and subsequently published) that either (a) reduces the ad valorem duty rate below 50% for any product category covered by the three Presidential Proclamations signed 2026-07-20, or (b) suspends, pauses, or terminates those proclamations in whole or in part. The reduction must be *effective* on or before 2026-10-31, not merely announced as a future intention. **What does NOT count (NO):** a framework/handshake announcement with no published legal instrument; a narrow product-specific exclusion granted to individual importers or individual HTS lines under an exclusion process; tariff changes affecting countries other than Canada; a court injunction (this market is about executive action, not litigation); or Canada changing its own retaliatory tariffs. **Oracle:** federalregister.gov and whitehouse.gov presidential-actions. If ambiguous, the Federal Register document text governs. Background: Trump signed three proclamations on 2026-07-20 imposing additional 50% tariffs on a broad range of Canadian goods, effective 2026-08-22 after a delay. Trade talks collapsed; PM Carney announced retaliatory tariffs of 15-50% on ~$27.6B of US goods effective 2026-09-08. US midterms are 2026-11-03. Update 2026-10-14 (PST) (AI summary of creator comment): - Replacing a 50% tariff with an import ban or stricter measure does not count as lowering the tariff. To count as YES, a change must allow covered Canadian goods to actually enter the U.S. at a duty rate below 50%, leaving no ban or stricter measure in its place.

Why the odds moved

The probability rose 19.6 percentage points over the last 24 hours (63.7% → 83.3%).

No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.

What could move this market next?

  • The market's deadline arrivesOctober 31, 2026 at 11:59 PM ET

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

Derived from the contract's own mechanics as of Oct 26, 3:00 AM 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 ±35 pts.

Thin marketLegacy movement classifier: noisy

What's happening

medium 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
0Low
Where the price path tends to go next543 observed
  • Illiquid / quiet98%
  • Choppy / mean-reverting1%

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

DurabilityLow· half-life ~2h
PredictabilityHigh irreducibility

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.

Change (pts)1H0.06H0.024H+19.67D+19.6

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