U.S. President Donald Trump says he is working on a “massive deal” to purchase 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 posted to Truth Social on Monday.
Canada is the leading exporter of potash, shipping about 22.9 million tonnes in 2024, accounting for over 39 per cent of global exports according to the Government of Canada.
The leading destination of Canadian exports of potash is the United States. The U.S. imports nearly 85 per cent of its potash from Canada.
Belarus ranks third in potash production behind Russia and Canada.
A concept of a plan. A deal almost done. Just about to close.
Any day now it could happen. They are ready to make a deal. It’s gonna be the best deal. I don’t care if they make a deal. We could have a deal tomorrow.
Lukashenko, he’s a big guy, really big, he came to me with tears in his eyes. Mr. President, he said, you are so great, I so much want to make a deal with you, I’ll do anything!
Two weeks!