Lowering Input Costs for American Farmers Act

The Lowering Input Costs for American Farmers Act removes existing trade barriers on phosphate fertilizers imported from Morocco. It eliminates specific duties and countervailing orders previously applied to these goods, allowing them to enter the U.S. without extra fees. Additionally, the bill requires the government to refund any cash deposits that importers made while these restrictions were in place. This legislation directly affects American farmers by potentially reducing the cost of fertilizer and impacts importers by changing how they pay for these agricultural supplies.