Freer Trade, Not Onshoring, Is Washington’s Real Resiliency Strategy

Shortly before Independence Day, President Donald Trump suspended US tariffs on fertilizer from Morocco after declaring that threats to domestic supplies of the product constituted a “national emergency.” As Bloomberg News reported at the time, the action was intended to help farmers and consumers worried about Iran-related price hikes. The Department of Agriculture estimates that lifting the duties will reduce phosphate fertilizer prices by 22%, saving farmers more than $1.8 billion this year –