China Suspends Tariff Concessions on 134 Taiwan Items as Cross Strait Tensions Continue to Rise

The Chinese communist regime’s Ministry of Finance announced on May 31 that it would suspend tariff concessions on 134 items imported from Taiwan starting on June 15. Taiwan’s Mainland Affairs Council protested Beijing’s move. It comes one day after Taiwan’s law enforcement officials accused eight Chinese companies, including Chinese Apple supplier Luxshare Precision Industry, of illegally operating in Taiwan and attempting to poach Taiwanese technology talent on May 30. The Tariff Commission of the Chinese communist regime’s State Council publicized the second batch of suspended tariff concessions for 134 items from Taiwan under the Cross-Strait Economic Cooperation Framework Agreement (ECFA) on Friday, including lubricant base oils....