U.S. Department of Commerce Announces Preliminary Finding That Phosphate Fertilizer Imports from Morocco and Russia Benefit from Countervailable Subsidies
November 24, 2020
WE WELCOME THE CHANCE TO DEMONSTRATE OUR VALUE AND TODAY'S FINDING BRINGS US ONE STEP CLOSER TO THE VIGOROUS COMPETITION AND FAIR TRADE WE EXPECT
The U.S. Department of Commerce announced today that it preliminarily found that phosphate fertilizer imports from Morocco and Russia benefit from countervailable subsidies. Commerce calculated a subsidy rate of 23.46 percent for Moroccan producer OCP. In the Russia investigation, Commerce calculated rates of 20.94 percent and 72.5 percent for the PhosAgro and EuroChem respondent entities, respectively, and a rate of 32.92 percent for