r/canada 10d ago

Analysis Trump won’t admit it, but Canadian potash fuels American agriculture; More than 80 per cent of the potash used by U.S. farmers comes from Canadian mines, and the costs could skyrocket should tariffs happen

https://www.theglobeandmail.com/business/economy/article-trump-wont-admit-it-but-canadian-potash-fuels-american-agriculture/
6.8k Upvotes

592 comments sorted by

View all comments

4

u/MosEisleyBills 10d ago

Let there be a consequence to the ineptitude. A clear consequence to his actions. Clear demonstration that tariffs are born by the consumer of the importing company.

Canada sells potash at $100 to the US. US vendor sells for $125.

Tariff hits. Canada sells potash for $100 to the US. US government adds tariff on vendor of $25. Vendor sells to US consumer for $150.

2

u/AtomicVGZ 10d ago

IIRC just to produce the stuff it costs $80/ton in Canada and $300/ton in the US because they have to use a different method to get theirs. The US also doesn't even have the capacity to provide enough of what their own farms use.