Taiwan: Temporary Tariff Reductions for Beef and Wheat
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On November 30, Taiwan announced that it will immediately lower tariffs on imported wheat and beef as a countermeasure against rising consumer prices, effective until March 31, 2022. The tariff on beef will be lowered from NTD 10/kg (USD 0.36/kg) to NTD 5/kg (USD 0.18/kg). The tariff on wheat, normally 6.5 percent, will be reduced to zero.