Many everyday essentials are set to get pricier in the near future as a result of President Trump's proposed tariffs. While the 10% rate on China already went into effect, the 25% wholesale tariffs

U.S. President Donald Trump said on Wednesday he will announce tariffs related to lumber, cars, semiconductors and pharmaceuticals "over the next month or sooner." "I'm going to be announcing tariffs on cars and semiconductors and chips and pharmaceuticals,

A week after that, Trump signed an executive order imposing 25% tariffs on all steel and aluminium imports. These tariffs are set to take effect on March 12, a few days after the broad tariffs against Canada and Mexico supposedly come to pass.

Nutrien (NYSE:NTR) said Thursday that President Trump's proposed 25% tariffs on Canadian imports would raise costs for U.S. farmers, as they rely heavily on Canada for inputs such as potash. Canada supplies more than 80% of the potash used on U.