The Chinese mainland has announced it will suspend zero tariffs on 34 agricultural products from Taiwan starting September 25. 🌐🚜
This move means fresh fruits, vegetables, and seafood from Taiwan will no longer enjoy duty-free access to the mainland market. Instead, these products will be subject to standard import tariffs as per current regulations. 🍎🥦🦞
According to reports from China Media Group, authorities in Taiwan have imposed discriminatory bans and restrictions on mainland products, which has seriously hindered cross-Strait economic and trade cooperation. 🤝💔
This development is a significant shake-up in the economic ties between the Chinese mainland and Taiwan region, affecting farmers, traders, and businesses on both sides. 🌊💼
Stay tuned for more updates on this evolving story! 📰✨
Reference(s):
Mainland suspends zero tariffs for 34 agro-products from Taiwan
cgtn.com