The bill would remove certain trade duties on phosphate fertilizer imported from Morocco. Starting seven days after enactment, duties imposed under sections 122 or 301 of the Trade Act of 1974 would not apply to covered fertilizer imports from Morocco. Starting four business days after enactment, existing countervailing duty orders would no longer apply to Moroccan imports, and Customs and Border Protection would refund eligible cash deposits within 90 days. The refund provision excludes duties assessed under an administrative review completed before that change takes effect.
If you import covered phosphate fertilizer from Morocco, the bill would remove the specified duties and could make you eligible for a refund of certain cash deposits. The bill does not state whether these changes would affect fertilizer prices for farmers.
No publicly available information on the bill’s overall costs. It requires refunds of eligible cash deposits but does not give an amount.
No publicly available information.
No publicly available information.