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The Fed’s fertilizer probe decides whether Russia is a market economy

Law360 (Jul 22, 2021, 9:12 pm EDT) – The U.S. Department of Commerce opened an investigation this week that will investigate allegations that the Russian Federation is operating as a non-market economy and the country is imposing high import tariffs on goods entering the U.S. prepared

The free market claim was embedded in petitions from Illinois-based fertilizer maker CF Industries Nitrogen LLC and its subsidiaries filed on June 30th. They claim that both Russia and Trinidad and Tobago are exporting illegally subsidized fertilizers to the US at unfairly low prices and undervaluing their goods by up to 433.37%

“Although Russia initially went through significant changes after the collapse of the Soviet Union, its move is …

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