OCP Group responds to US imposition of duties on phosphate fertilizer impor
The U.S. International Trade Commission (ITC) has today rendered a decision that will result in the application of a 19.97% countervailing duty on phosphate fertilizer imports from Morocco.
This decision comes despite the arguments presented by the OCP Group demonstrating that there is no basis for such duties, as well as significant voices opposed to Mosaic’s petition from across American agriculture – distributors, associations and cooperatives - and elected officials in the Senate and House of Representatives. The full details on the decision are expected in April.
Despite this decision, OCP recognizes the supply challenges that American farmers face and is determined to serve them in the future, and will explore the most appropriate options to do so.