Beginning June 15, 2024, the Customs Tariff Commission of the State Council announced that the Chinese mainland will cease tariff concessions for certain Taiwan products that benefit from preferential tariff rates under the Economic Cooperation Framework Agreement (ECFA).
This action is in response to trade restrictions imposed by Taiwan. The termination affects 134 tariff items from Taiwan. The ECFA, signed in 2010 based on the 1992 Consensus, aims to reduce commercial barriers between the mainland and Taiwan. The decision to end ECFA tariff rates for specific Taiwan products follows Taiwan's unilateral trade restrictions against the mainland, which the commission views as a violation of the ECFA. Despite the cessation of ECFA tariff rates, Taiwan's Democratic Progressive Party authorities have not taken steps to remove its trade restrictions against the mainland, leading to the commission's decision to further suspend tax reductions for some Taiwan products under the ECFA.
Source: english.scio.gov.cn
