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May 31, 2024 - 16:22
By asia.nikkei.com

Taiwan protests as China strips preferential tariffs on 134 products

TAIPEI -- China will remove long-standing preferential tariffs on 134 imports from Taiwan, its government said on Friday, in a move that appears designed to pressure the new Taiwanese president.

The announcement by China's Ministry of Finance covers items such as base oils for lubricants, racing bicycles and textile products produced in Taiwan. It came less than two weeks after Lai Ching-te was inaugurated as Taiwan's president.

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Taiwan protests as China strips preferential tariffs on 134 products

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Taiwan protests as China strips preferential tariffs on 134 products

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