Trade Commission Makes Decision on Fertilizer Imports
Last week, The International Trade Commission upheld its decision that U.S fertilizer companies were negatively impacted by Moroccan and Russian imports, and current tariffs will remain in place.
The ITC says there is evidence of oversupply in 2019 and imports put downward pressure on prices in the U.S. market. They say imports were offered at low prices and caused domestic producers to reduce prices by an average of 16 percent, deteriorating net incomes.