China suspends ECFA tariff cuts for 134 Taiwan products due to Taiwan's "Taiwan independence" stance.
China has suspended tariff cuts for 134 Taiwan products under the Economic Cooperation Framework Agreement (ECFA) due to Taiwan's "Taiwan independence" stance. This decision by China's Customs Tariff Commission of the State Council follows Taiwan's imposition of trade restrictions on over 2,500 Chinese products, violating the provisions of the ECFA. The agreement, signed in 2010, aims to lower commercial barriers across the Taiwan Strait.
May 31, 2024
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