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[BUSINESS] · United States, Belarus, Canada, Russia · 22 sources

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United States seeks potash deal with Belarus to reduce reliance on Canada

U.S. President Donald Trump has announced that the United States is working on a massive deal to purchase potash from Belarus. The move is intended to reduce American dependence on Canadian fertilizer supplies, which currently account for approximately 79 to 85 percent of U.S. potash imports.

Trump stated that Belarusian potash would be priced substantially lower than the rates paid to Canadian exporters, offering a potential cost advantage for American farmers and ranchers. This development follows escalating trade tensions between Washington and Ottawa.

The shift in procurement comes amid a warming of relations between the U.S. and Belarus. Recent negotiations led by U.S. envoy John Coale resulted in Belarusian President Alexander Lukashenko pardoning hundreds of political prisoners in exchange for the easing of certain U.S. sanctions on Belarusian firms.

While the U.S. explores this alternative, the European Union maintains a ban on Belarusian potash imports and has frozen the assets of the state producer Belaruskali. Belarus remains a close ally of Russia, having provided territory for the 2022 invasion of Ukraine and participating in joint nuclear drills with Moscow.

Entities

Alexander Lukashenko · Belarus · Belaruskali · Canada · China · Donald Trump · John Coale · Nutrien Ltd. · United States

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