Taipei: Taiwan's Customs Administration announced the imposition of anti-dumping duties on beer and certain hot-rolled flat steel products imported from China. This decision comes after a final investigation concluded that these imports have adversely impacted local industries.
According to Focus Taiwan, the duties will be applied retroactively from July 3 and are set to remain effective for five years. Beer imports will be subjected to tariffs ranging from 19.13 percent to 51.94 percent. Specifically, Budweiser-affiliated breweries will face a 31.3 percent duty, Kirin Brewery (Zhuhai) Co., Ltd. will be charged 19.13 percent, and other Chinese brewers will encounter a 51.94 percent tariff. For hot-rolled steel products, Baoshan Iron and Steel Co., Baosteel Zhanjiang Iron and Steel Co., and Shanghai Meishan Iron and Steel Co. will each be subject to a 16.1 percent duty, with a 20.15 percent rate applied to all other producers.
The announcement follows a review by the Ministry of Economic Affairs Trade Remedy Commission in late October, which confirmed significant harm to domestic industries in both the beer and steel sectors. Temporary duties on these products have been in place since July 3. The economics ministry noted there was no indication that these protective measures would negatively affect Taiwan's broader economic interests.
Additionally, duties will apply to beer imported between April 4 and July 2 if importers were aware or should have been aware that the products were being dumped and if import volumes increased in a manner that could undermine the effectiveness of these measures. Overpaid temporary duties will be refunded according to the finalized rates.