Temporary Waiver of Fertilizer Duties in Emergency Situations
This act allows for the temporary removal of additional fees (duties) on fertilizers and their ingredients if an emergency, such as a natural disaster or war, limits their production in the U.S. or causes a significant price increase. This aims to protect farmers from high costs and ensure fertilizer availability, potentially impacting food prices.
Key points
Farmers and agricultural producers can petition for duty waivers on fertilizers during crises.
Waiving duties aims to lower agricultural production costs and stabilize food prices.
Decisions on duty waivers will be made quickly, after public comment, for a one-year period.
Status:
Expired
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