Tariffs Lead To Phosphate Shortage

By Chris Clayton

DTN Ag Policy Editor

Five agricultural groups have filed a court brief asking the U.S. Court of International Trade to overturn tariffs imposed on phosphate fertilizers from Morocco, arguing the tariffs have given Mosaic Co. “near-monopoly” status when it comes to phosphate fertilizer.

The commodity groups are joining an appeal against a decision by the International Trade Commission (ITC) last March to impose 19% tariffs on phosphate fertilizers from Morocco. The ruling imposed tariffs for five years.

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