Big changes in cross-strait trade! The Chinese mainland will suspend its zero-tariff policy on 34 agricultural products from the Taiwan region starting September 25. Affected goods include fresh fruits, vegetables, and seafood — staples of Taiwan's export economy.
The move comes after authorities in the Taiwan region allegedly imposed "discriminatory restrictions" on mainland products, according to state media. This has reportedly created roadblocks for cross-strait economic cooperation, though officials emphasize they'll continue applying standard import tariffs under existing regulations.
While the policy shift might impact supply chains, analysts say it reflects broader efforts to balance fair trade practices. Young entrepreneurs in Asia's agri-tech sector are watching closely — could this spark new regional partnerships?
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Mainland suspends zero tariffs for 34 agro-products from Taiwan
cgtn.com