Taiwan plans to discuss a mutual waiver of tariffs on petrochemicals and chemical fibres with China. China currently imposes a minimum tariff of 6.5% on petrochemical imports.
As per a report, 40% oof Taiwan's petrochemical products are exported, of which the country exports almost 80% to China.
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Thursday, June 26, 2008
Taiwan mulls mutual waiver of tariffs on petrochemicals with China
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