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Section 232 aluminum tariff on Canada on Kalshi

If the President signs a proclamation or executive order, or the Department of Commerce or U.S. Customs and Border Protection publishes a Federal Register notice, that reduces the generally applicable ad valorem Section 232 duty rate on aluminum articles (as defined in Proclamation 9704, as amended) that are products of Canada below 50% after Issuance and before Jul 1, 2027, then the market resolves to Yes.

Settles on: White House, Federal Register.

Market says (typical open contract)
40%
Median YES price across 3 open contracts, 10 Nov 2026 17:55 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
79% 😈
Half luck. The favorite is clear, the fee is not small, and the payout on the favorite is thin.

The cover charge

Fee and break-even by purchase price
If you buy atFee per contractOn $50Win rate to break even
30¢1.5¢$2.4531.5%
40¢ (now)1.7¢$2.1041.7%
50¢1.8¢$1.7551.7%
70¢1.5¢$1.0571.5%
90¢0.6¢$0.3590.6%

Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.

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Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
ContractYES priceImpliedFee at this priceReal-world oddsLuck neededVolumeCloses
Will the US cut the 50% aluminum tariff on Canada before Apr 1, 2027? · Before Apr 1, 202740¢40%1.7¢—79%2Apr 01, 03:59 UTC
Will the US cut the 50% aluminum tariff on Canada before Jul 1, 2027? · Before Jul 1, 202750¢50%1.8¢—100%0Jul 01, 03:59 UTC
Will the US cut the 50% aluminum tariff on Canada before Jan 1, 2027? · Before Jan 1, 202722¢22%1.2¢—44%0Jan 01, 04:59 UTC

Who actually wins this market

  • Whoever posts the resting orders and collects the spread without paying a fee.
  • The venue, on every fee.
  • Not, on average, the person clicking buy because the chart is going their way. That was us.

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