Chinese towel anti-dumping tax


Taiwan has imposed anti-dumping duties on imported towels from mainland China. At the end of May this year, the expiration of five years. The Taiwan Customs Tariff Rate Committee has completed the initial judgment and tends to continue to levy. It will notify the Ministry of Economic Affairs to continue to complete the industrial damage identification. The tax rate committee reviewed whether anti-dumping duties were continued, and the anti-dumping tax rate was 204.1 percent.
An official from the Ministry of Finance of Taiwan’s Ministry of Finance said that the original expiration date of this case expired on May 31, 100 years. The Yunlin County Towel Industry Technology Development Association of Taiwan submitted an application to the Ministry of Finance. The Tariff Rate Committee recently held a resolution of the review meeting. The import price of imported towels in mainland China is still low, and the exporting power of the countries involved is huge. The dumping situation will continue to exist or reoccur because of the suspension of anti-dumping duties.
The Ministry of Finance of Taiwan will notify the Ministry of Economic Affairs in the near future to continue to determine whether the industrial damage will continue or reoccur because of the suspension of anti-dumping duties. The relevant results will be submitted to the Ministry of Finance Tariff Rate Committee for further consideration and whether the anti-dumping duties will be resumed.
Officials pointed out that the anti-dumping tax rate after the international day-end review was unchanged, and the anti-dumping rate of imported towels in China remained at 204.1%. Before the investigation was completed, anti-dumping duties should continue to be imposed.
According to the statistics of the Ministry of Finance of Taiwan, in 2005, imported towels in China were not subject to anti-dumping duties, and 6.5 million kilograms were imported each year. After the anti-dumping duties were imposed in 2010, the import of continental towels dropped to 910,000 kilograms.

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