# U.S. Department of Commerce imposes large tariffs on Russian- and Moroccan-produced phosphate - RealAgriculture

> The US Department of Commerce announced preliminary countervailing duty rates on phosphate fertilizer from Morocco and Russia, with rates ranging from about 21% to 72.5% depending on producer. Final rulings are expected in February and April after further review. Industry commentary says Moroccan and Russian product is unlikely to reach the US directly.

- Date: 2020-11-24 · published 2020-11-24T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/50090-u-s-department-of-commerce-imposes-large-tariffs-on-russian-and-moroccan
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Large duties on major phosphate sources will push up US and North American fertilizer prices as import supply is displaced and trade routes become less efficient.

## Read by commodity

- DAP: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2020-11-30 | 5 | +7.1% | 3.0 | Report of large preliminary tariffs on Russian and Moroccan phosphate on Nov 24 signals tighter US import supply, supporting a DAP price jump. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2020-07-17 | [U.S. Department of Commerce Initiates Countervailing Duty Investigations of Imports of Phosphate Fertilizers from Morocco and Russia](https://feedsoft.ai/events/52061-u-s-department-of-commerce-initiates-countervailing-duty-investigations-of.md) | +1.3% | +11.1% |
| DAP | 2020-11-23 | [Mosaic - U.S. Department of Commerce Issues Preliminary Countervailing Duty Determinations on Phosphate Fertilizer Imports from Morocco and Russia](https://feedsoft.ai/events/50089-mosaic-u-s-department-of-commerce-issues-preliminary-countervailing-duty.md) | +7.1% | +8.1% |
| DAP | 2021-02-09 | [Mosaic - U.S. Department of Commerce Issues Final Affirmative Countervailing Duty Determinations on Phosphate Fertilizer Imports from Morocco and Russia](https://feedsoft.ai/events/48568-mosaic-u-s-department-of-commerce-issues-final-affirmative-countervailing-duty.md) | -0.4% | -1.5% |
| 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 | 2021-07-24 | [U.S. and Russia: Phosphate Import Duties \| AgAmerica](https://feedsoft.ai/events/45998-u-s-and-russia-phosphate-import-duties-agamerica.md) | -1.6% | -1.7% |

## Sources

- realagriculture.com: https://www.realagriculture.com/2020/11/u-s-department-of-commerce-places-large-tariffs-on-russian-and-moroccan-produced-phosphate/

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