Suspension of most-favored-nation duties on nitrogen fertilizers and inputs in Europe amid the fertilizer crisis

The source mentions as a policy instrument the suspension of most-favored-nation duties on nitrogen fertilizers and inputs in Europe, in the context of rising fertilizer prices triggered by the Iran-Strait of Hormuz crisis. According to the analysis cited by AgFunderNews, this measure may offer some cost relief, although Rabobank considers it unlikely to significantly alter supply patterns.