Betting markets see small odds Trump backs down from tariffs in the coming months

Brendan SMIALOWSKI / AFP via Getty Images

• Trump's tariffs have tanked stock market sentiment and ignited fears of an economic downturn.
• Some analysts hope they're a negotiating tool and could be reversed or removed.
• But betting markets expect these tariffs to stick around for the new months.

For anyone clinging to hope that US tariffs are a short-lived policy, betting markets have some bad news.

Betting platforms like Polymarket and Kalshi garnered...