President Donald Trump's tariff threats could deal a big blow to American farmers — many of whom already face financial struggles

Potash is a key fertilizer ingredient widely used by U.S. crop growers, and around 80% of potash imports come from Canada, according to government data. Canada produces more potash than any other country in the world.

Potentially slapping tariffs on this farming product has experts worried about farmers facing further financial struggles, which may lead to increased consumer costs. Here’s why.

Why potash matters in U.S. agriculture

Potash is crucial for U.S. farmers because it boosts plant growth, strengthens disease resistance and improves water efficiency, all of which contribute to higher crop yields.

For farmers, this can translate into bigger harvests and improved profits. Potash isn't just critical for growing crops, it's a cornerstone of American agriculture’s economic success.

Increasing the price of importing potash via tariffs could lower demand for it, which may affect crop growth, leading to lower yields and ultimately impacting the price of agricultural products.

Since these crops are essential for animal feed and human food supplies, prices could rise as demand outpaces a lowered supply. Shoppers could be seeing higher costs at the checkout for products they buy every day.

Farmers are already struggling

The agriculture industry was already facing financial challenges before the Trump administration’s tariff threats.