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The Court of International Trade upheld most of the Commerce Department's 2020-21 countervailing duty review on phosphate fertilizers from Morocco, including the finding that mining rights provision was not a benefit. Only a tax fines relief finding was remanded for further review.
The ruling leaves existing countervailing duties on Moroccan phosphate fertilizer largely in place, so US import costs for phosphate products are not expected to change materially.
internationaltradetoday.comApr 3, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
