How are you guys trading the tariff news?

Some people are saying it's already priced in, some saying it's not. 25% tariff on potash is insane and it makes me think the US will walk it back quickly. The US imports over 80% of its potash from Canada and potash accounts for ~20% of fertilizer the US uses. The only other countries that can supply the US with the potash it needs are Russia, Belarus, and China. The first 2 are sanctioned and the US is trying to hit China hard so it doesn't make sense for them to import from them.

This is a huge hit to US agriculture espescially in the midwest (states the primarily voted Trump) It's very possible Trump walks back the potash tariff and I might buy calls of Canadian potash tomorrow.

How are you guys trading this?