Will Trump formalize a 100% tariff on generic drugs before the midterms?
Trade PolicyOne-OffPoliticsUS PoliticsElection1mo
KalshiCheck availabilityKYC required2% feeVerified resolution dataFairly calibratedCurrent implied probability
No 72%
Market quality
44 / 100
Low quality24h Volume
—
Liquidity
$860.5
Low liquidityBid / Ask
23.0% / 29.0%
Spread
6.0 pt
Wide spreadMarket data
Updated 11 minutes ago
Jul 28, 26, 3:45 PM UTCNov 3, 26, 4:59 AM UTC
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KalshiRules
If Donald Trump has taken any executive action establishing a tariff of 100% or greater specifically on imported generic pharmaceutical products before Nov 3, 2026, then the market resolves to Yes.
- The action must specify an effective date, but it does not need to be before Nov 3, 2026.
- Exemptions or reduced rates for particular products, companies, or countries do not prevent qualification.
- The qualifying action must be of the specific type designated (executive order, presidential memorandum, proclamation, directive, determination, or finding), be signed by the President personally during the specified time period, and explicitly address the topic in the document's operative provisions, title, or official White House summary.
- Actions must have legal or policy effect - ceremonial proclamations without policy impact do not qualify unless specifically included.
- Actions that only incidentally mention the topic, statements without formal action, actions by cabinet members, legislative proposals without executive action, and signing statements do not qualify.
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Frequently asked questions
- What are the current odds for Will Trump formalize a 100% tariff on generic drugs before the midterms??
- Kalshi prices No at 72% as of September 20, 2026.
- When does Will Trump formalize a 100% tariff on generic drugs before the midterms? resolve?
- Will Trump formalize a 100% tariff on generic drugs before the midterms? is scheduled to resolve on November 3, 2026.
- How is Will Trump formalize a 100% tariff on generic drugs before the midterms? settled?
- Kalshi settles this market as follows: If Donald Trump has taken any executive action establishing a tariff of 100% or greater specifically on imported generic pharmaceutical products before Nov 3, 2026, then the market resolves to Yes.