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Stock impact report

U.S. senator from Kansas seeks to exempt Moroccan phosphate fertilizer from import tariff [Yahoo! Finance]

Blackstone Inc. (BX) 
Last blackstone inc. earnings: 4/23 06:56 am Check Earnings Report
Company Research Source: Yahoo! Finance
U.S. farmers for crop fertilizer is harmful to the economy. (Kansas Reflector screen capture of Marshall's news conference) TOPEKA — U.S. Sen. Roger Marshall of Kansas endorsed federal legislation to end U.S. tariffs on phosphate from Morocco that were imposed five years ago in response to a domestic fertilizer manufacturer's complaint about unfair competition from subsidized, low-price imports. “Kansas farmers are getting hit by a fertilizer market that's working against them,” Marshall said. “Phosphate is a critical nutrient for crop production, and right now farmers are paying prices that threaten their bottom line.” Countervailing duties applied to Morocco and controlled by the U.S. Department of Commerce were set at 19.97% in 2021 after confirming Florida-based fertilizer producer Mosaic's complaint against Morocco's state-owned phosphate fertilizer exporter OCP Group. Texas A&M University estimated the U.S. duties on Morocco increased the cost of fertilizer for U.S. prod Show less Read more
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