# Punitive Biden Phosphate Tariff on Morocco Hurts Farmers, Grocery Consumers — Trade Alliance to Promote Prosperity

> The US Commerce Department proposed raising countervailing duties on Moroccan phosphate fertilizer from 2.12% to 14.21%, and lowering duties on Russian phosphate from 28.5% to 18.83%. The changes would take effect in November 2024 and apply retroactively to 2022 imports, following a petition from Mosaic.

- Date: 2024-06-03 · published 2024-06-03T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/30112-punitive-biden-phosphate-tariff-on-morocco-hurts-farmers-grocery-consumers
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Higher duties on Moroccan supply could tighten US phosphate availability and lift DAP and TSP prices, with OCP likely to halt US shipments again.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-01-21 | [Price Action Analysis: The Mosaic Company  — Trade Alliance to Promote Prosperity](https://feedsoft.ai/events/49468-price-action-analysis-the-mosaic-company-trade-alliance-to-promote-prosperity.md) | +3.9% | +35.0% |
| DAP | 2021-01-21 | [Market Impact Analysis: CVD Investigation on Fertilizer Causing Tight U.S. Supply is Costing U.S. Farmers — Trade Alliance to Promote Prosperity](https://feedsoft.ai/events/49462-market-impact-analysis-cvd-investigation-on-fertilizer-causing-tight-u-s-supply.md) | +3.9% | +35.0% |
| DAP | 2020-09-22 | [Why Placing Tariffs on Morocco, Russia's Phosphate Imports Puts U.S. Farmers at a Disadvantage \| Michigan Ag Today](https://feedsoft.ai/events/51051-why-placing-tariffs-on-morocco-russia-s-phosphate-imports-puts-u-s-farmers-at-a.md) | -2.2% | -0.4% |
| DAP | 2020-08-07 | [USITC Votes to Continue Investigations Concerning Phosphate Fertilizers from Morocco and Russia \| United States International Trade Commission](https://feedsoft.ai/events/51918-usitc-votes-to-continue-investigations-concerning-phosphate-fertilizers-from.md) | +2.6% | +11.7% |
| DAP | 2021-01-19 | [Import Duties Against Moroccan Phosphate Imports Threaten US Farmers’ Access to Key Fertilizers – Phosphate Price](https://feedsoft.ai/events/49463-import-duties-against-moroccan-phosphate-imports-threaten-us-farmers-access-to.md) | +3.4% | +36.5% |

## Sources

- promote-trade.org: https://www.promote-trade.org/blog/2024/6/3/punitive-biden-phosphate-tariff-on-morocco-hurts-farmers-grocery-consumers

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.