Taiwan will stop imposing “anti-dumping duties” on shoes and boots made in China from January 2024

Anti-dumping duties on shoes and boots made in mainland China have been imposed for more than 16 consecutive years. Taiwan’s Customs Administration of the Ministry of Finance announced last Friday that it will stop imposing anti-dumping duties at the original tax rate of up to 43.6% from January 17 next year. .

In response to the anti-dumping duties on shoes and boots made in mainland China, Taiwan has implemented relevant measures for a period of 5 years since March 16, 2007. After announcements on December 13, 2011 and January 17, 2019 respectively extending the levy for 5 years, the tax has been The levy period lasts until January 16 next year. Past statistics show that the tax rate ranges from approximately 4.56% to 43.46%, with the cumulative tax collection amounting to NT$3.36 billion (approximately RM500.35 million). After the relevant anti-dumping duties are cancelled, importers’ costs will indeed be significantly reduced, but whether it will be reflected in the sales price still depends on the importer’s decision-making.