Trump announces US pursuing massive potash deal with Belarus amid Canada trade dispute
U.S. President Donald Trump announced the U.S. is working on a large-scale deal to buy potash from Belarus at prices substantially lower than from Canada, amid an escalating trade dispute. However, Belarusian President Alexander Lukashenko stated on September 21 that Belarus cannot supply large quantities, as all 2026 potash output is already booked. The announcement caused shares of major fertilizer producers like Nutrien and CF Industries to fall. Analysts note U.S. potash supply is currently adequate and logistical challenges remain.
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