📈 Markets & Finance risk-off · 1–3 years
A what‑if from the future

What if Solar-panel trade war: tariffs slow Western deployment?

Steep tariffs on Chinese solar panels and batteries raise Western clean-energy costs and slow deployment, trimming the renewables build-out and lifting trade tension.

15%
our model probability
over 1–3 years
prediction markets — wisdom of the crowd
loading live odds…
Empirically anchored 15% · 90% range 2–28% · 40 analogues · measured class deflation 69% in 3 yr · 3% held back for the unknown
how we built this number — every step
Measured class rate — deflation ≈0.3895/yr → 69% in 3 yr69%
Analyst prior · editorial share 19% of the class13%
Pooled · weight 87%15%
Crowd — no liquid market
Reserve 3% · no extremizing (×1.0)15%
Published15%

The class rate is measured from our dated, sourced event library (decade-normalized Poisson — the full table is public at base_rates.json). The variant’s share within its class is the analyst’s editorial call, published so you can audit it. A wider range means thinner precedent. Full recipe: methodology · scored at Reality Check.

The butterfly cascade

How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.

Resolution timeline — how this probability is moving

Our model's odds (gold) over time vs the crowd's (Polymarket, blue), from the past toward the 1–3 years horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. The gold path is an illustrative reconstruction anchored to today's estimate — real dated events, not a live re-estimate history.

loading the timeline…

What it would mean

If this plays out, it is a risk-off shock. Steep tariffs on Chinese solar panels and batteries raise Western clean-energy costs and slow deployment, trimming the renewables build-out and lifting trade tension. The trigger decomposes into signed root‑shocks — Clean-energy abundance ▼ · Industrial demand ▼ · Inflation expectations ▲ · Trade tension ▲ — which propagate through our causal graph to the markets below.

If it happens — the markets it would move

Biggest moves first. Projected moves are cascade-model priors; hist A–B% = what comparable past events actually did (measured abnormal returns), and model prior · unmeasured marks markets with no analogue backing yet. Tap any market for its price history.

MarketClassProjected move
1Nasdaq 100 NDXon Hyperliquid 📈 chartIndex▼ -1.3%
hist -0.85–-0.47% · other way -0.41% (n=11)
2Semiconductors SMHon Hyperliquid 📈 chartEquity▼ -1.1%
hist -0.77–-0.1% · other way -0.63% (n=11)
3Energy sector XLEon Hyperliquid 📈 chartEquity▲ +0.9%
hist -1.52–+0.61% · other way -3.24% (n=11)
4Nvidia NVDAon Hyperliquid 📈 chartEquity▼ -0.9%
hist -0.56–-0.31% · other way +0.47% (n=11)
5TSMC TSMon Hyperliquid 📈 chartEquity▼ -0.9%
hist -0.57–-0.3% · other way -1.84% (n=11)
6Tech sector XLK 📈 chartEquity▼ -0.8%
hist -0.64–-0.08% · other way -0.19% (n=11)
7Alibaba BABAon Hyperliquid 📈 chartEquity▼ -0.8%
hist -2.25–+0.39% · other way -3.49% (n=10)
8Brent crude BRENTon Hyperliquid 📈 chartCommodity▲ +0.8%
hist -3.05–+0.82% · other way -5.19% (n=11)
9ExxonMobil XOM 📈 chartEquity▲ +0.7%
hist -0.69–+0.68% · other way -0.93% (n=12)
10WTI crude CLon Hyperliquid 📈 chartCommodity▲ +0.7%
hist -2.84–+0.62% · other way -5.24% (n=11)
11ASML ASMLon Hyperliquid 📈 chartEquity▼ -0.7%
hist -2.07–+0.58% · other way -5.5% (n=11)
12AMD AMDon Hyperliquid 📈 chartEquity▼ -0.7%
hist -0.69–+0.31% · other way -4.42% (n=11)
13Broadcom AVGOon Hyperliquid 📈 chartEquity▼ -0.7%
hist -1.19–+1.69% · other way -0.53% (n=10)
14Micron MUon Hyperliquid 📈 chartEquity▼ -0.7%
hist -0.52–-0.23% · other way -5.71% (n=11)

Probable recommendation

If the scenario above plays out, the probable cross‑asset positioning → a scenario‑conditional read, not personalized investment advice
Cash / hedgeRaise cash and hold the long hedges above; this scenario is net risk-off.
For a common-man portfolio: A typical stock-heavy portfolio is at risk. Consider trimming equities, raising cash, and a small cash hedge.
Also moves (not yet on Hyperliquid): Tech sector -0.8% · ExxonMobil +0.7% · Chinese yuan -0.6% · Freeport (copper) -0.4% · United Airlines -0.4% · Chevron +0.3%

Historical precedent — what analogous events actually did

Across 40 analogous events (overlap‑weighted), as abnormal returns — market beta stripped, so it's the event's own effect, not the market backdrop. Shown at 20 days (persistent) and 5 days (immediate); ↺ fades = the two horizons disagree. Confidence = consistency × sample × significance.

Gold tops $3,000 for the first time amid tariff and rate-cut fears 2025-03 Henry Hub natural gas hits a 25-year low amid record US production 2024-11 Waha hub natural gas prices crash to record negative on Permian glut 2024-08 Soviet August coup attempt against Gorbachev 1991-08 Silver Thursday 1980-03 Gold peaks at $850 1980-01 Volcker Saturday Night Special 1979-10 1979 Iranian Revolution oil shock 1979-01 Gold tops $4,000 and silver spikes past $50 in historic squeeze 2025-10 Trump's 50% copper tariff sends Comex copper to a record 2025-07 Platinum hits an 11-year high on Chinese jewelry demand and deficit 2025-06 China retaliates to Liberation Day: 34% tariffs + rare-earth controls 2025-04 Nasdaq Composite first close above 20000 2024-12 Palladium jumps after US pushes G7 sanctions on Russian metal 2024-10 Gold tops $2,500 for the first time on Fed rate-cut bets 2024-08 Nikkei 225 record single-day rebound 2024-08 India slashes gold import duty from 15% to 6% in 2024 budget 2024-07 NIF achieves fusion ignition 2022-12 August 2022 hot CPI 2022-09 Powell's hawkish 'pain' speech at Jackson Hole 2022-08 Bank of England's first post-pandemic rate hike 2021-12 Turkish lira record low on rate cuts 2021-11 Gold closes above $2,000/oz for the first time 2020-08 WTI crude futures settle negative as demand collapses 2020-04 Saudi-Russia oil price war 2020-03 Chinese yuan breaks 7 per dollar; US names China manipulator 2019-08 February 2018 hot wage print triggers rate scare 2018-02 North Korea sixth nuclear test 2017-09 North Korea 'fire and fury' nuclear scare 2017-08 Mexican peso crash on Trump 2016 win 2016-11 China rout & circuit-breaker / yuan slide 2016-01 SNB introduces negative interest rates 2014-12 Russian ruble 'Black Tuesday' 2014-12 Gold futures velocity-logic flash crash 2014-01 Bank of Japan Kuroda QQE 'bazooka' 2013-04 Gold all-time peak of $1,921/oz 2011-09 Egyptian revolution / Mubarak uprising 2011-01 Silver hits 30-year high as JPMorgan and HSBC face manipulation suits 2010-10 Oil collapses from $147 to the $30s as the GFC craters demand 2008-12 Crude oil all-time high 2008-07
AssetHistory saysAbnormal (20d · 5d)HitnConfidencevs cascade
CL CLSHORT-2.5% · 5d -3.4%73%35 0.40⚠ differs
XCU XCUSHORT-2.9% · 5d -0.8%71%35 0.38✓ matches cascade
BRENT BRENTSHORT-2.8% · 5d -3.4%70%35 0.36⚠ differs
CNY CNYSHORT-0.4% · 5d -0.2%68%35 0.36✓ matches cascade
XLE XLESHORT-1.6% · 5d -1.4%68%35 0.35⚠ differs
MRVL MRVLLONG+2.9% · 5d -0.5% ↺ fades68%35 0.28⚠ differs
KWEB KWEBSHORT-1.6% · 5d -1.5%66%29 0.27✓ matches cascade
FCX FCXSHORT-2.3% · 5d -1.1%63%35 0.23✓ matches cascade
INTC INTCSHORT-0.9% · 5d -0.7%62%37 0.21✓ matches cascade
BABA BABASHORT-1.7% · 5d -2.6%61%28 0.20✓ matches cascade
QCOM QCOMSHORT-2.3% · 5d -2.3%64%35 0.20✓ matches cascade
AUD AUDSHORT-0.7% · 5d -0.3%62%35 0.19✓ matches cascade
EURUSD EURUSDSHORT-0.7% · 5d -0.0%58%35 0.14✓ matches cascade
UAL UALLONG+6.0% · 5d +0.3%58%35 0.13⚠ differs

Methodology. Probability and impact are anchored to history and scored against what actually happens — wins and losses, in public, at Reality Check. Crowd odds live from Polymarket & Kalshi. By Vikas Singh, Quantitative Strategist. Updated 2026-07-03.