US NEC Director Hassett says to "stay tuned" on measures to reduce fertiliser costs, no shortage of fertiliser
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US NEC Director Hassett says to "stay tuned" on measures to reduce fertiliser costs, no shortage of fertiliser
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EU Trade Commissioner Sefcovic says the bloc will stand its ground, following on from China threatening retaliatory measures over industrial policy plans.
On the Newsquawk feed at , 20 minutes before this page.
Context
Hassett's remarks suggest that the administration is actively considering measures to lower fertiliser costs, which could influence agricultural production costs and ultimately food prices. The assurance of no current shortage is positive for supply stability, but the effectiveness of upcoming measures and their timing will be crucial for market sentiment. Traders should monitor this situation closely, as it may have implications for commodity prices and broader inflation dynamics.
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