China suspends tariff cuts on some Taiwanese imports amid heightened concerns

  • Chinese leader Xi Jinping expressed determination to grab Taiwan to Biden in San Francisco

China's Ministry of Finance has said China will terminate some tariff cuts on imports from Taiwan from January 1.

  • the tariff cuts will be suspended for 12 products including acrylic and p-xylene
  • the tariff cuts were ended due to "discriminatory prohibitions and restrictions" Taiwan imposed on Chinese exports, it

Info comes via Reuters.

Concerns around China and Taiwan are on the rise again:

taiwan lanyu orchid island

Top Brokers

Sponsored

General Risk Warning