President Trump’s plan to impose a 100 percent tariff on Russian goods could raise the cost of urea, a key fertilizer in corn and other row crops.

President Trump threatened to impose an additional "100%" tariff on Russian goods if the war in Ukraine isn't ended within 50 days, on top of all the other sanctions and restrictions on Russia. Trump told NATO Secretary General Mark Rutte at a WH meeting on Monday.

President Donald Trump may have expected a Russian shudder of fear to greet his threat of “very severe tariffs” on the country if it didn’t agree a ceasefire in Ukraine.