Taiwan extends anti-dumping tariff on China shoemakers
Thursday, 12 July 2007
TAIPEI, July 11 (AFP): Taiwan's Ministry of Finance said today it would extend a 43.46 per cent anti-dumping tariff on shoes and boots imported from China until March 15, 2012.
The government had levied an interim tariff since March after preliminary investigations showed that imports from China had hurt domestic shoe makers.
Last month a probe by the International Trade Commission concluded that mainland shoe and boot manufacturers had caused "material injury" to their Taiwan counterparts.
As of the quarter to March, the average price of China-made shoes and boots was 313.1 Taiwan dollars (9.55 US) lower than that of Taiwanese products, according to the commission.
Locally made products suffered a nine per cent fall in prices in the quarter from a year earlier.
According to the investigation, China accounted for 53.2 per cent of the Taiwan shoe and boot market at the end of March.
The commission kicked off the injury investigation in October 2006.
The government had levied an interim tariff since March after preliminary investigations showed that imports from China had hurt domestic shoe makers.
Last month a probe by the International Trade Commission concluded that mainland shoe and boot manufacturers had caused "material injury" to their Taiwan counterparts.
As of the quarter to March, the average price of China-made shoes and boots was 313.1 Taiwan dollars (9.55 US) lower than that of Taiwanese products, according to the commission.
Locally made products suffered a nine per cent fall in prices in the quarter from a year earlier.
According to the investigation, China accounted for 53.2 per cent of the Taiwan shoe and boot market at the end of March.
The commission kicked off the injury investigation in October 2006.