Despite emerging risks concerning U.S. domestic potash prices due to trade tensions with Canada, the rising costs of N-based fertilizers present a more immediate threat to U.S. agriculture, as these are closely linked to elevated domestic natural gas prices,

President Donald Trump's increased tariffs on all U.S. steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade norms in favor of the U.S. that drew swift retaliation from Europe.