Mar 01, 2018 Culture Comments Off on Taiwan accuses U.S. trade remedies of distorting world trade
Taipei, March 1 (CNA) Trade remedy measures introduced in a recent report highlighting the U.S. administration's trade policy priorities have caused a distortion in global trade, the Ministry of Economic Affairs (MOEA) said Thursday.
The measures include several anti-dumping and countervailing duty investigations against products from Taiwan, which have impacted Taiwan's exports to the United States, the ministry said.
In its "2018 Trade Policy Agenda and 2017 Annual Report" filed by the Office of the United States Trade Representative (USTR) a day earlier, the U.S. administration expresses concern about Taiwan's agricultural policies, which it says "are not based upon science."
In the document, the USTR highlights a request that Taiwan lift its partial ban on imports of U.S. beef and pork, including pork containing residue of the leanness-enhancing drug ractopamine.
The trade remedies listed in the report have caused distortion to global trade. In Taiwan's case, the U.S. has imposed anti-dumping and countervailing duties on 23 products from Taiwan, and has launched anti-dumping and countervailing investigations against a further four, the MOEA said in a statement issued Thursday.
Meanwhile, the imposition of so-called safeguard tariffs on imports of solar panels and washing machines under Section 201 of the US Trade Act of 1974, along with the launch of so-called Section 232 investigations into imported steel and aluminum products on the grounds of protecting national security, have had a great impact on Taiwanese products, the ministry said.
The ministry said it will maintain close communication with local companies to hear their opinions and will continue to convey their appeals through communication channels between the two countries in order to protect Taiwan's rights as a World Trade Organization member and its right to export products to the U.S.
Source: Focus Taiwan News Channel
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