The Impact of Trump’s Tariff Policy on Food Security for BRICS States

... duty on all imports, but for Iranian food products, it is purely theoretical: food shipments from Iran to the U.S. have been banned since September 29, 2010, by OFAC (Office of Foreign Assets Control of the U.S. Department of the Treasury) and their sanctions. Considering that fertilizers are an important element of food security, in 2024, about 7% of Russia’s fertilizer export revenues came from U.S supplies. (approximately 2.5 million tons of urea, ammonium nitrate, and potassium salts). Of course, there is no threat to food security; the measures taken by the ...