29 08, 2023

Assessment fee on imported cotton jumps by 11%

By | 2023-08-29T16:38:37+00:00 August 29th, 2023|Imports, Tariffs|

The supplemental assessment fee on imported cotton is set to increase by more than 11% as of October 16, 2023 through a new Final Rule issued by the U.S. Department of Agriculture’s Agricultural Marketing Service (AMS) The rule will increase the supplemental assessment on imported cotton from $0.013215 per kilogram [...]

15 11, 2022

Fees on cotton imports set to increase on Nov. 28

By | 2022-11-15T22:45:24+00:00 November 15th, 2022|Imports|

The Agricultural Marketing Service (AMS) is amending the Cotton Board Rules and Regulations, increasing the value assigned to imported cotton to calculate supplemental assessments. The assessed value of imported cotton will rise from $0.011136 per kg to $0.013215 per kg, which is an increase of an increase of $0.002079 per [...]