Trade Alliance to Promote Prosperity Thanks U.S. Senators for Requesting Phosphate Tariff Petition be Denied
At the request of the giant Mosaic Company, the U.S. International Trade Commission (ITC) will soon decide whether to impose countervailing duties on phosphate imports from Russia and Morocco. These tariffs would greatly inflate the cost of phosphate fertilizers for American farmers, a product used on 60% of American lands under plow.
On March 1st, 11 prominent U.S. Senators wrote to ITC Chairman Jason Kearns and urged him to deny the petition. See the attached letter.
In part, the Senators wrote, “While U.S. farmers value domestic supply, U.S. production is highly concentrated. Multiple sources of phosphate products help to ensure the reliability of supply and to meet the logistical needs of farmer customers around the country.”
The Trade Alliance to Promote Prosperity thanks the Senators for standing with American farmers, and working to protect them from harmful phosphate tariffs.