ITC Finds Harm to US from Fertilizer Imports
Fertilizer imports from Russia and Trinidad and Tobago are likely harming U.S. industries, according to a new finding released Friday by the International Trade Commission.
The finding that U.S. industries are being “materially injured” by imports of urea ammonium nitrate solutions (UAN) means the Commerce Department will continue to conduct its separate investigation into whether Russia and Trinidad and Tobago are unfairly subsidizing exports of the fertilizer. The investigations could result in countervailing duties on the input that many American farmers depend on.
The ITC and Commerce Department were petitioned by the Illinois-based CF Industries Holdings, Inc.
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The finding that U.S. industries are being “materially injured” by imports of urea ammonium nitrate solutions (UAN) means the Commerce Department will continue to conduct its separate investigation into whether Russia and Trinidad and Tobago are unfairly subsidizing exports of the fertilizer. The investigations could result in countervailing duties on the input that many American farmers depend on.
The ITC and Commerce Department were petitioned by the Illinois-based CF Industries Holdings, Inc.
Click Here to read more.