Updated
Updated · Bloomberg · Jun 30
Trump Temporarily Lifts Duties on Moroccan Phosphate Fertilizer as Prices Soared Earlier in 2026
Updated
Updated · Bloomberg · Jun 30

Trump Temporarily Lifts Duties on Moroccan Phosphate Fertilizer as Prices Soared Earlier in 2026

3 articles · Updated · Bloomberg · Jun 30

Summary

  • Moroccan phosphate fertilizer will get temporary duty relief under a Trump move aimed at easing pressure on US farmers and calming food-inflation concerns.
  • Fertilizer prices surged earlier in 2026 after US attacks on Iran disrupted shipments of fertilizer and key inputs through the Strait of Hormuz.
  • Supply strains worsened as countries moved to protect fertilizer for their own farmers, tightening global availability.
  • The American Farm Bureau Federation had urged the White House in March to safeguard supplies, including by suspending the duties.

Insights

With the Hormuz Strait in crisis, is lifting one tariff enough to save America's farmers and lower food prices?
How can the U.S. shield its food supply from distant conflicts beyond temporary tariff fixes and waivers?