Declaration of Emergency and Authorization for Temporary Duty-Free Importation of Phosphate Fertilizer From Morocco

ProclamationTariff cut or exemptionSigned 06/29Federal Register 07/02Open the original

Summary

President Trump declares an emergency under section 318 of the Tariff Act of 1930 over fertilizer supplies and allows phosphate fertilizers from Morocco to be imported free of antidumping and countervailing duty collection for 8 months or until the emergency ends.

By industry

Tariffs & Reshoring1 trading day−4.1%p15 stocks5 trading days−7.5%p15 stocks20 trading days−0.9%p15 stocks
“Temporary Duty-Free Importation of Phosphate Fertilizer From Morocco”

Day by day after the announcement

Tariffs & Reshoring stocks and the S&P 500 after the announcement, cumulative %
Day	Tariffs & Reshoring stocks	S&P 500
26/06/26	0.0%	0.0%
26/06/29	−2.8%	+1.4%
26/06/30	−3.3%	+2.1%
26/07/01	−5.9%	+2.0%
26/07/02	−6.6%	+1.9%
26/07/06	−4.7%	+2.8%
26/07/07	−6.3%	+2.3%
26/07/08	−6.0%	+1.9%
26/07/09	−6.7%	+2.8%
26/07/10	−5.6%	+3.4%
26/07/13	−5.2%	+2.4%
26/07/14	−3.9%	+2.9%
26/07/15	−3.5%	+3.3%
26/07/16	−4.6%	+2.6%
26/07/17	−5.4%	+1.6%
26/07/20	−6.3%	+1.5%
26/07/21	−3.9%	+2.4%
26/07/22	−3.0%	+2.1%
26/07/23	−0.3%	+1.1%
26/07/24	+0.6%	+1.0%
26/07/27	+0.2%	+1.1%

Korean stocks in these industries

Hyundai Steel 004020
POSCO Holdings 005490
SeAH Steel Holdings 003030

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

Celso L. Goncalves Jr.EVP, CFO
SellCleveland-Cliffs
Sell
Cleveland-Cliffs
CLF
$2.9M
214,308 sh
$2.9M
Filed 06/05
Traded 06/05
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$4.6M
25,823 sh
$4.6M
Filed 06/04
Traded 06/02
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$2.7M
13,269 sh
$2.7M
Filed 06/24
Traded 06/22
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$2.5M
13,865 sh
$2.5M
Filed 06/04
Traded 06/02
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$2.4M
13,164 sh
$2.4M
Filed 06/04
Traded 06/02
John J. HollatzEVP
SellNucor
Sell
Nucor
NUE
$1.4M
5,522 sh
$1.4M
Filed 06/04
Traded 06/03
John J. HollatzEVP
SellNucor
Sell
Nucor
NUE
$1.3M
5,038 sh
$1.3M
Filed 06/04
Traded 06/03
James Stanley AndersonSVP
SellSteel Dynamics
Sell
Steel Dynamics
STLD
$1.2M
4,401 sh
$1.2M
Filed 06/08
Traded 06/05
James Stanley AndersonSVP
SellSteel Dynamics
Sell
Steel Dynamics
STLD
$1.1M
4,177 sh
$1.1M
Filed 06/08
Traded 06/05
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$746K
3,783 sh
$746K
Filed 06/24
Traded 06/24
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$719K
3,641 sh
$719K
Filed 06/24
Traded 06/23
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$548.4K
3,001 sh
$548.4K
Filed 06/04
Traded 06/02
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$363.8K
2,000 sh
$363.8K
Filed 06/04
Traded 06/02
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$342.8K
1,896 sh
$342.8K
Filed 06/04
Traded 06/02
James Stanley AndersonSVP
SellSteel Dynamics
Sell
Steel Dynamics
STLD
$294.1K
1,100 sh
$294.1K
Filed 06/08
Traded 06/05
James Stanley AndersonSVP
SellSteel Dynamics
Sell
Steel Dynamics
STLD
$86.9K
322 sh
$86.9K
Filed 06/08
Traded 06/05
Jeffrey R. KlinglerCOO
Sell10b5-1 planWorthington Steel
Sell10b5-1 plan
Worthington Steel
WS
$609.6K
14,008 sh
$609.6K
Filed 06/03
Traded 06/02
Jeffrey R. KlinglerCOO
Sell10b5-1 planWorthington Steel
Sell10b5-1 plan
Worthington Steel
WS
$268.4K
6,028 sh
$268.4K
Filed 06/03
Traded 06/02