U.S. in talks to buy potash from Belarus at lower cost than what Canada charges, Trump says
Red potash stored in a warehouse at Nutrien’s Cory Potash mine near Saskatoon in February. U.S. President Donald Trump is looking to source potash from Belarus.The Globe and Mail
Red potash stored in a warehouse at Nutrien’s Cory Potash mine near Saskatoon in February. U.S. President Donald Trump is looking to source potash from Belarus.The Globe and Mail
U.S. President Donald Trump says he is working on a “massive deal” to import potash from Belarus, an Eastern European dictatorship closely allied with Russia, in a bid to undercut Canada amid a continental trade war.
Mr. Trump announced the prospective deal in a social media post on Monday but provided no details on what exactly the agreement would entail, how much potash it would involve or what the pricing would be.
“The United States is working on a massive Deal with respect to the purchase of Potash from Belarus. The pricing would be for substantially less than we are currently paying to Canada, very good news for our Farmers and Ranchers,” he wrote on his Truth Social platform.
Mr. Trump’s trade war with Canada has been repeatedly hamstrung by the fact that the United States depends heavily on its neighbour to the north for many goods, including potash. The U.S. imports much of the fertilizer from Saskatchewan and the President has granted it partial exemptions from his tariffs.
Belarus, which has been ruled since 1994 by Alexander Lukashenko, has helped Russian President Vladimir Putin with his invasion of Ukraine. Mr. Lukashenko allowed Russian troops to use Belarusian territory to launch the February, 2022, attack against Kyiv.
Belarus, like Russia, has been sanctioned by the U.S., the European Union and Canada over its role in the war against Ukraine.
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