Article
Fertilizer Stocks Tumble As Trump Says "Working On Massive" Belarus Potash Deal
Fertilizer Stocks Tumble As Trump Says "Working On Massive" Belarus Potash Deal
"The United States is working on a massive Deal with respect to the purchase of Potash from Belarus," President Trump wrote on Truth Social just before 11 a.m. ET.
Trump continued, "The pricing would be for substantially less than we are currently paying to Canada, very good news for our Farmers and Ranchers."
The immediate market impact: Intrepid Potash, CF Industries, and Mosaic shares fell to session lows.
Intrepid Potash: -4.6%
CF Industries: -3.5%
Mosaic: -4.5%
The move follows Trump slapping 50% tariffs on...
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