US exempts 2,231 Taiwanese products from new tariffs

TAIWAN POSITIVE: The exempted products list, which includes many items critical to Taiwan’s economy, appeared to have been selected for the nation’s benefit, a group said By Jonathan Chin / Staff writer Add TT as Preferred Source Taiwan obtained US tariff exemptions for 2,231 products after Washington on Thursday declared a new round of excise taxes on 60 trade partners, officials said on Friday.The new tariffs imposed on countries that allegedly engage in forced labor were authorized under Section 301 of the US Trade Act of 1974.The measures were met with protests from Europe, Japan, China, Australia and New Zealand, saying the labor allegations were baseless. Workers inspect orchids before export to the US at Charming Agriculture in Houbi Distict in Tainan on Aug. 5 last year. Photo: I-H