TAI PEI: Economic Affairs has formed a task force to probe anti dumping and anti-subsidy charges against certain steel imports from China. International Trade Commission said in a statement that the commission plans to hold public hearings on Wednesday and Monday next week to collect feedback from concerned parties and gauge public opinion before formally launching the investigation in a bid to protect the interests of Taiwanese firms.
Wednesday’s hearing is to focus on an anti-dumping investigation into Chinese imports of galvanized steel, carbon steel plates and cold-rolled stainless steel, while the meeting on Monday next week is to focus on an anti-subsidy probe into Chinese hot-rolled stainless steel and cold-rolled carbon steel products.
The commission’s move came after the Ministry of Finance on Monday last week launched anti-dumping and anti-subsidy investigations into Chinese steel products.
The probe is expected to help Taiwan negotiate with the US in seeking an exemption from Washington’s 25 percent tariff on steel imports and 10 percent tariff on aluminum imports imposed last month.
