Overview

• President Donald Trump has imposed 25% tariffs on imports from Canada, Mexico, and 10% on China, sparking trade tensions with key partners.
• Sen. Chuck Grassley (R-Iowa) has publicly called on Trump to exempt Canadian potash, a critical fertilizer ingredient, from the tariffs to protect U.S. farmers from rising costs.
• Canada supplies 80% of U.S. potash, making it essential for Midwest farmers ahead of the planting season; U.S. domestic production is minimal.
• The American Farm Bureau Federation and industry experts warn that the tariffs could increase potash prices and result in higher food costs for U.S. consumers.
• Canada has responded with 25% tariffs on U.S. goods and other retaliatory actions, including removing American alcohol from shelves in several provinces.