Trump shifts tariff strategy, praises Amazon and Apple

Trump announced a strategy shift to boost tariff revenue while praising companies like Amazon and Apple for not seeking refunds. The Polymarket EU retaliatory tariffs by September 30 contract is likely to react, with odds potentially moving 15%.

Trump’s plan aims to circumvent the Supreme Court’s recent ruling against his previous tariffs. A new 10% import surcharge is already in place, and the administration’s rhetoric points toward more aggressive policies. Traders should watch the EU retaliatory tariffs market, particularly the September 30 sub-market, where odds of action may rise.

Market reaction

There is currently no trading volume for this market, but Trump’s statements are likely to generate activity. If Trump continues on this path, the odds of EU retaliatory tariffs being imposed could increase. The spread between September 30 and December 31 is undefined, leaving room for significant movement if new policies materialize.

Why it matters

Trump’s dissatisfaction with the Supreme Court and his praise for companies that support his “America First” policy signal a push to maintain US tariff revenue. The EU has previously retaliated against US tariffs, and this posture could provoke further responses.

What to watch

The contrarian view is worth considering. At current levels, a YES outcome by September 30 could offer upside if international tensions escalate. Without specifics on new tariffs or retaliatory measures, the market remains speculative. Announcements from the USTR or EU Commission could drive significant movement.

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