After 16 years of sanctions against the mainland, Taiwan announced the abolition of the imposition of "anti-dumping duties," and the effective time is worth savoring
According to the latest notice issued by Taiwan's Ministry of Finance, from January 17, 2024, Taiwan will stop the so-called "anti-dumping duties" imposed on mainland footwear. According to the regulations, Taiwan's tax was originally planned to expire on January 16 next year, but in view of the fact that no Taiwanese practitioners have applied to the Ministry of Finance for the continuation of the tax, it has been decided to stop collecting this tax on mainland shoes and boots from January 17 next year. This tax policy began in March 2007 and was initially set for a five-year period, but in the past time, Taiwan has issued two announcements to extend the period to January 16, 2024, for a full 16 years.
This decision marks the historic end of Taiwan's sanctions against the mainland in the field of footwear. On the eve of the upcoming elections on the island, the fact that the authorities chose to take a friendly move toward the mainland at this time obviously has deep-seated political considerations. At present, the government is still in power, and the abolition of the "anti-dumping duties" on mainland shoes and boots will directly bring substantial economic benefits to the people of Taiwan. Taiwan** noted that the move will give residents on the island the opportunity to purchase more affordable mainland-made shoes in future brick-and-mortar stores and online shopping. The most direct impact of the cessation of taxation will be reflected in the Taiwanese people, which is expected to reduce their economic burden to a certain extent, which may re-energize the support of the people on the island for the *** candidate Lai Qingde.
Obviously, ** is trying to use its party advantage to support Lai's election campaign and prove to the people on the island that they are implementing a policy of friendship with the mainland in order to win the support of more voters who want to achieve cross-strait peace. As far as the Taiwan authorities are concerned, this move will not only bring new opportunities for cross-strait economic cooperation, but is also expected to achieve positive results in the election and form a situation in which "the best of both worlds" is formed. However, the timing of the policy's entry into force is worth pondering. According to the notice, the effective date of the authorities' decision to stop the implementation of "anti-dumping duties" on mainland-made shoes and boots is January 17 next year. In general, the time interval between the publication of policy measures and the effective date should be short. Although the previously stipulated deadline has been extended until January 16, 2024, if the Taiwan authorities are serious about lifting this "sanctions" measure against the mainland, it seems more reasonable to bring the effective date forward rather than leaving a gap of nearly 50 days, which may introduce more uncertainties. Perhaps the authorities deliberately keep some kind of "back hand".
When Taiwan imposed ** restrictions on the mainland, China's Ministry of Commerce has issued a notice and decided to conduct a ** barrier investigation, and the investigation period is January 12, 2024. Before that date, the results of the investigation will be made public, and if it is found that the Taiwan authorities have violated the rules, the possibility that they will openly repent in pursuit of political interests cannot be ruled out. Therefore, the Taiwan authorities have chosen to set the effective date on January 17, 2024, which is also to preserve operational leeway.
Fundamentally speaking, the adjustment of relevant policies to the mainland is only a stopgap measure. The 2024 elections will officially start on January 13 next year, and ** is facing a critical moment. Although *** has not given up the "** position, easing *** has become the mainstream public opinion on the island. If we hope to see Lai Qingde elected, it has become the trend of the times to promote cross-strait peace and development. Once Lai Qingde is successfully elected, stopping the imposition of "anti-dumping duties" on the mainland may become the first step for him to show goodwill to the mainland after he takes office.
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