# US reduces tariffs on phosphate fertilizers from Morocco | Agriculture Dive

> The US Commerce Department will cut countervailing duties on Moroccan phosphate producer OCP from 19.97% to 2.12%, following farmer pushback and a court order to recalculate. Mosaic, the largest US phosphate producer, said it is considering next steps.

- Date: 2023-11-08 · published 2023-11-08T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/33488-us-reduces-tariffs-on-phosphate-fertilizers-from-morocco-agriculture-dive
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower tariffs should restore Moroccan phosphate supply to the US market, easing fertilizer costs and pressure on DAP prices.

## Read by commodity

- DAP: bearish ▼
- TSP: bearish ▼
- PHOSROCK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2023-10-27 | [US lawmakers call for lower duties on imports of phosphate fertilizer from Morocco - Fertilizer Daily](https://feedsoft.ai/events/33970-us-lawmakers-call-for-lower-duties-on-imports-of-phosphate-fertilizer-from.md) | +0.9% | +3.9% |
| DAP | 2024-03-25 | [US lifts tariffs on fertilizer imports \| Latest Market News](https://feedsoft.ai/events/31146-us-lifts-tariffs-on-fertilizer-imports-latest-market-news.md) | -10.7% | -13.4% |
| DAP | 2023-04-27 | [May '23 Farmer Fertilizer Focus - Phosphates](https://feedsoft.ai/events/6330-may-23-farmer-fertilizer-focus-phosphates.md) | -11.9% | -11.1% |
| DAP | 2024-02-28 | [March '24 Farmer Fertilizer Focus - Phosphate](https://feedsoft.ai/events/4295-march-24-farmer-fertilizer-focus-phosphate.md) | +5.1% | +7.1% |
| DAP | 2024-04-01 | [April '24 Aussie Farmer Fertilizer Focus - Phosphates](https://feedsoft.ai/events/4549-april-24-aussie-farmer-fertilizer-focus-phosphates.md) | -12.6% | -23.4% |

## Sources

- agriculturedive.com: https://www.agriculturedive.com/news/morocco-phosphate-fertilizer-tariffs-lowered-ocp/699173/

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