Trump has cut tariffs on fertilizer, but lower prices could remain elusive
Trump has cut tariffs on fertilizer, but lower prices could remain elusive
President Donald Trump cut tariffs on imported fertilizers earlier this month, but prices are still likely to stay high through next year’s planting season amid tight global supplies, analysts say.
In a Nov. 14 executive order, Trump exempted urea, ammonium nitrate, ammonium sulphate as well as phosphate fertilizers from “reciprocal” tariffs applied to most U.S. imports. Potash was already exempt from these duties.
The order also added anhydrous ammonia to a list of products in line for “potenti
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