China suspends tariff concessions on 134 items under Taiwan trade deal

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China’s Ministry of Finance to reinstate tariffs on Taiwan imports

China will reinstate tariffs on 134 items it imports from Taiwan next month after the Ministry of Finance said it would suspend concessions given on the items under a trade deal because Taiwan had not reciprocated.

China in December suspended tariff concessions for some products under the ECFA, but the finance ministry said the island has not reciprocated.

 

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