China terminates tariff concessions on propylene, xylene and other products with Taiwan
On December 21, the Tariff Commission of the State Council issued an announcement, in accordance with the “Cross-Strait Economic Cooperation Framework Agreement”, decided to suspend the tariff concessions for some products under the “Cross-Strait Economic Cooperation Framework Agreement” from January 2024. Starting from the 1st, the tax rates agreed in the “Cross-Strait Economic Cooperation Framework…