The US government will collect less money from imported cotton

The US Department of Agriculture is lowering the value assigned to imported cotton. This means less money will be collected from importers for cotton research and promotion.

The US government collects a fee on all cotton, whether it is grown domestically or imported. The goal is to make sure the fee is the same for everyone. This adjustment means imported cotton is now valued lower, so the fee collected on it will also be lower. This change helps keep the playing field level for domestic and international cotton producers.