The Agricultural Marketing Service has released a statement announcing that it plans to raise the “cotton fee” applied to imported cotton goods from $0.011510 to $0.011905 per kilogram. Adjustments to the fee occur regularly to ensure that assessments collected on imported cotton match those paid on domestically produced cotton.
The announcement stipulates that the new rule will take effect October 16th, 2018, barring significant adverse feedback between now and September 17th.
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