Illinois Fertilizer & Chemical Association
Supply · Service · Stewardship

Trump Confirms 25% Tariffs on Canada and Mexico will start on Saturday.

Many news sources are reporting that President Trump plans to follow through on Saturday on his threat to impose 25 percent tariffs on goods from Mexico and Canada.
 
“‘We’ll be announcing the tariffs on Canada and Mexico for a number of reasons,’ Trump told reporters in the Oval Office. He cited the influx of migrants at the southern border, the flow of fentanyl into the United States and the trade deficit the U.S. has with its neighbors,” reported many news outlets. “‘I’ll be putting the tariff of 25 percent on Canada and Mexico, and we will really have to do that because we have very big deficits with those countries,’ Trump said. ‘Those tariffs may or may not rise with time.'” 
 
Details of the tariffs remain sparse.  IFCA is talking with our national partners on how the tariffs will be implemented.
 
The U.S. imports more than 98% of its annual potash fertilizer needs, with 86% of that coming from Canada.
 
As soon as IFCA receives any new information or details on the tariffs, we will pass it along to our membership.  Click Here for more details.