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In June 1997, the US tobacco industry agreed a settlement with the US government of US$368 billion. Payments will be spread over 25 years and the money will fund the treatment of smoking-related illnesses and settle lawsuits against the industry. The deal also limited tobacco advertising. In 1998, 46 US states signed a further deal with four major tobacco companies, agreeing that the companies would pay US$206 billion to cover the cost of treating smoking-related illnesses.
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