World Perspectives

Fertilizer Countervailing Duties Volatility

The International Trade Commission (ITC) announced last week it is upholding its decision that U.S fertilizer companies were harmed by Moroccan and Russian imports, and countervailing duties will remain in place. The net result is lingering uncertainty over the duties on imported phosphate fertilizers moving forward. This has been an ongoing issue since 2020. Following is a quick recap of the timeline.   June 2020: The U.S. Department of Commerce (DOC) began an investigation into imposing countervailing duties (CVD) on imported phosphate fertilizer from Russia and Morocco.  March 2021: Commerce made its final determination on this case assessing CVDs on imports from Morocco 19.97 percent, while imports from Russia were asse...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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