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TFI Statement on Trump's Fertilizer Tariff Exemption

Following the announcement by President Donald Trump that many fertilizers will be exempt from reciprocal tariffs, The Fertilizer Institute President and CEO Corey Rosenbusch released the following statement: 

“The Fertilizer Institute (TFI) appreciates the Trump Administration’s continued recognition of the importance of fertilizers to America’s food security, national security, well-being, and health. 

“The fertilizer market is highly competitive and characterized by a complex web of global supply and demand factors. While the U.S. has robust domestic fertilizer manufacturing and production, it is a net fertilizer importer and relies on both domestic production and imports during busy spring planting and fall application periods.  

“TFI will continue to work with the Trump Administration to promote a more open, fair, predictable, and transparent trading environment that empowers the continued growth of a resilient, competitive, and sustainable fertilizer industry for our farmer customers, including by removing trade barriers for materials needed to maintain, upgrade, and expand fertilizer production.

“Without farmers, there would be no fertilizer industry, and as farmers continue to face economic challenges the focus of the industry remains working with the Trump Administration to promote a strong, resilient fertilizer industry that supports U.S. agriculture and ensures affordable food prices for American families.”

Source : Farm Equipment

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