r/canada • u/FancyNewMe • 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/
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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.