Assessments paid by importers of cotton and cotton-containing products under the Cotton Research and Promotion Order will decline 3.7 percent under a direct final rule issued by the Department of Agriculture’s Agricultural Marketing Service. Assessments will be lowered from $0.011562/kg to $0.011136/kg to reflect a decrease in the weighted average price of upland cotton received by U.S. farmers in 2020.
This rule also amends the Import Assessment Table, which indicates the total assessment rate due for each HTSUS number subject to assessment, to reflect this change.
This rule will be effective as of Oct. 25 unless significant adverse comment is received by Sept. 27, in which case it will be withdrawn.
For more information, please contact Elise Shibles at (415) 490-1403.
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