r/wallstreetbets • u/s1n0d3utscht3k • Mar 03 '25

News Trump Officially Signs 20% Tariffs on China

https://www.barrons.com/news/trump-signs-order-for-20-tariff-on-china-w-house-d6fec57f
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u/das_gingerz Mar 03 '25

The US imports 90% of its Potash fertilizer ( heavily used for planting crops, which is kinda coming up ) from....Canada!

41

u/DM-ME-CONFESSIONS Mar 04 '25

It's okay, it's only going to jump 25% in price tomorrow, then whatever Canada will add as a reciprocating tariff. If Canada is still willing to export potash to the US. They are under no obligation to do so, so things could get interesting if the nice Canadians decide to hit back, and hit back hard.

26

u/bravado Mar 04 '25

Canadian here: Americans can choke and die on our potash if they want to, fine with us

24

u/das_gingerz Mar 04 '25

I'm kinda hoping y'all go extra hard. Shutting off the power to the north East grid would be hilarious.

14

u/SeriousRiver5662 Mar 04 '25

Another Canadian here, I say a 1000% export fee on potash, and then give all the money raised to the Canadian workers who lost jobs due to this shit.

4

u/HomeGrownCoffee Mar 04 '25

I don't know much about Scott Moe, but if he's as petty as Doug Ford, you ain't getting potash.

6

u/Big-Compote-5483 Mar 04 '25

Plan is probably for Belarus to fill the gap - they're already lifting sanctions on russia and I'm sure Belarus will be included in that

2

u/manyhandz Mar 06 '25

Hope you like Beat Borsht and stale black bread boys. Belarus and Daddy Russia are on their way to save you.