Trump bows to farmer pressure and grants a 10 per cent tariff for Canadian potash

Open this photo in gallery: Red potash is stored in a warehouse at Nutrien's Cory Potash mine near Saskatoon, on Feb. 11.Matt Smith/The Globe and Mail Facing pressure from U.S. farmers, President Donald Trump has lowered the threatened tariff rate to 10 per cent for Canadian potash - a fertilizer essential to all major American crops. The move was announced in an executive order signed Thursday afternoon alongside a broad delay on all tariffs on Canadian exports compliant with the United States-Mexico-Canada Agreement until April 2. Potash is likely to receive this reprieve. The new rate for potash will come…