ANNOUNCEMENT 12 Jun 2012In June 2012, the government of the United States of America announced a change in import duties.
NUMBER OF INTERVENTIONS
See the notice at http://www.gpo.gov/fdsys/pkg/FR-2012-06-12/html/2012-14184.htm.
The Agricultural Marketing Service (AMS) is proposing in a June 12, 2012 Federal Register notice 'http://www.gpo.gov/fdsys/pkg/FR-2012-06-12/html/2012-14184.htm' to amend the Cotton Board Rules and Regulations by increasing the value assigned to imported cotton for calculating supplemental assessments collected for use by the Cotton Research and Promotion Program. An amendment is required to adjust the assessments collected on imported cotton and the cotton content of imported products to be the same as those paid on domestically produced cotton. In addition, AMS proposes to change the Harmonized Tariff Schedule statistical reporting numbers that were amended since the last assessment adjustment. The current assessment on imported cotton is $0.012665 per kilogram of imported cotton. The proposed assessment is $0.014109, an increase of $0.001444 per kilogram.