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Balanced Reporting. Trusted Insights.
Sunday, May 28, 2023
The U.S. International Trade Commission ruled Monday that imports of urea ammonium nitrate fertilizer from Russia and Trinidad and Tobago are not harming U.S. producers of the product, ending the threat of stiff duties on imports and evoking relief from U.S. growers.
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 U.S. International Trade Commission is considering finalizing the process of slapping duties on key foreign sources of urea ammonium nitrate fertilizer, but three GOP lawmakers are urging the agency to reverse course out of consideration for U.S. farmers, who are dealing with widespread inflation and supply chain disruptions.
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.