Canada's Nutrien says tariffs will lead to higher costs for US farmers

Nutrien

20/02/2025 15:40

Feb 20 (Reuters) - Fertilizer producer Nutrien  NTR.TO 
said on Thursday U.S. President Donald Trump's proposed tariffs
on Canadian imports will increase costs for American farmers.
    "Frankly, costs of this (tariff) will be borne by the U.S.
farmers...the U.S. farmers will likely feel the impact after the
spring planting season," CEO Ken Seitz said during a
post-earnings conference call.
    Trump plans to place a 25% tariff on Canadian imports, which
will take effect in March.

 (Reporting by Mrinalika Roy in Bengaluru; Editing by Devika
Syamnath)
 ((mrinalika.roy@thomsonreuters.com;))