Trump Says US Negotiating ‘Massive’ Belarus Potash Deal Amid Trade Tussle With Canada, Putin Ally Cites Shortage: ‘We Simply Do Not Have…’
President Donald Trump stated that the U.S. is in the midst of negotiating a deal to procure potash from Belarus. Trump, on Monday, took to Truth Social and stated that the U.S. is negotiating a “massive deal” for potash procurement. “The pricing would be for substantially less than we are currently paying to Canada, very good news for our Farmers and Ranchers, ” said Trump. Fertilizer stocks CF Industries (NYSE: CF ), Nutrien Ltd. (NYSE: NTR ), The Mosaic Company (NYSE: MOS ), and Intrepid Potash (NYSE: IPI ) closed down 3.47%, 3.31%, 1.67% and 1.55%, following Trump’s announcement on Monday. Read Also: Brown-Forman Looks Beyond Whiskey To Offset Jack Daniel’s Canada Problem Trump Eyes Belarus to Cut Canada Reliance The announcement comes as Trump turns to alternative suppliers amid trade disputes with Canada, which is the world’s largest potash supplier. About 53% of Canada’s potash exports in 2024 went to the U.S. Meanwhile, a report from the U.S. Geological Survey found that 79% of the potash used by U.S. farms from 2021 to 2024 was sourced from Canada. Saskatchewan Premier Scott Moe criticized a potential U.S. deal to buy potash from Belarus, warning that Belarus supports Rus
S. is in the midst of negotiating a deal to procure potash from Belarus. S. is negotiating a “massive deal” for potash procurement.
“The pricing would be for substantially less than we are currently paying to Canada, very good news for our Farmers and Ranchers, ” said Trump. Fertilizer stocks CF Industries (NYSE: CF ), Nutrien Ltd. 55%, following Trump’s announcement on Monday. Read Also: Brown-Forman Looks Beyond Whiskey To Offset Jack Daniel’s Canada Problem Trump Eyes Belarus to Cut Canada Reliance The announcement comes as Trump turns to alternative suppliers amid trade disputes with Canada, which is the world’s largest potash supplier.
S. S. S. farms from 2021 to 2024 was sourced from Canada.
S. deal to buy potash from Belarus, warning that Belarus supports Russia’s war in Ukraine. "Buying blood potash from Belarus is supporting Russian aggression,” he said, according to the Winnipeg Free Press. S.
imports, ranging from 15% to 50%, took effect amid the ongoing trade tussle between the two neighboring countries. Lukashenko Says Potash Supplies Are Fully Booked However, Belarusian President Alexander Lukashenko, a close ally of Russian President Vladimir Putin, said on Monday that Belarus has no available fertilizer volumes to supply to the Western markets because its potash production is already fully contracted. "Even if we wanted to supply [potash] to other, Western markets, we simply do not have those volumes — everything is contracted," Lukashenko stated. S.
after Washington lifted sanctions on the country, according to a Reuters report. S. S. banks.
S. presidential envoy John Coale, as Washington renewed efforts to persuade Lukashenko to release hundreds of political prisoners. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors. Read Also: Mark Carney Pushes Back on Trump’s Tariff Threat Over Canada-EU Ties: ‘Nobody Is Going to Tell Us’ With Whom We Can Strike Agreements Image via Shutterstock