Mosaic warns Trump tariffs hit fertiliser imports after Q2 miss
Mosaic reported Q2 earnings below estimates and warned that Trump's tariffs are hurting phosphate imports into the US, now 'well below last year'. Net sales fell short at $3 billion, and shares dropped 6.8% post-earnings. The company expects demand to rebound in 2026 as inventories tighten and nutrients need replenishment.