U.S. Commerce Department Issues Ruling on Nitrogen Fertilizer Dumping
The Commerce Department has issued final rulings that Russia and Trinidad and Tobago unfairly subsidize exports of urea ammonium nitrate fertilizer, which is dumped in the U.S. at below-market prices.
The rulings bring the U.S. another step closer to finalizing stiff duties on the fertilizer. The final stage in the antidumping and countervailing investigations will be rulings from the U.S. International Trade Commission (ITC) on whether or not the agency will finalize determinations that the UAN imports from companies in Russia and Trinidad and Tobago do damage to U.S. producers of the fertilizer.
But U.S. farm groups are concerned with the harm being done to their members from high fertilizer prices.
The ITC, which held an all-day hearing on the investigation last week, will have 45 days from today to issue its final determination.
While the U.S. technically has no duties in place yet, Customs officials are charged with collecting cash deposits on imports until those duties are either finalized or ruled against by the ITC
The rulings bring the U.S. another step closer to finalizing stiff duties on the fertilizer. The final stage in the antidumping and countervailing investigations will be rulings from the U.S. International Trade Commission (ITC) on whether or not the agency will finalize determinations that the UAN imports from companies in Russia and Trinidad and Tobago do damage to U.S. producers of the fertilizer.
But U.S. farm groups are concerned with the harm being done to their members from high fertilizer prices.
The ITC, which held an all-day hearing on the investigation last week, will have 45 days from today to issue its final determination.
While the U.S. technically has no duties in place yet, Customs officials are charged with collecting cash deposits on imports until those duties are either finalized or ruled against by the ITC