The Ministry of Finance yesterday announced that it will levy an anti-dumping tax of 43.46 percent on footwear imported from China, retroactive to March 16 when the ministry started slapping provisional anti-dumping duties on the products.
The finance ministry's announcement came after the economic affairs ministry's International Trade Commission ruled on June 29 that imported Chinese footware was substantially damaging the domestic industry.
The finance ministry's ruling applies to six categories, including men's footwear, high heels, boots, children's shoes, sandals and informal footwear. It does not include sports shoes and flip flops, a press statement said yesterday.
The anti-dumping tax will be imposed for five years until March 15, 2012, the ministry said.
Local footwear manufacturers filed a complaint with the government last August, saying that low-priced Chinese shoe imports had substantially damaged the domestic industry, which prompted the two ministries to launch investigations in October.
An integrated report released by the economic affairs ministry last month showed that imposing anti-dumping taxes on the Chinese imports would not have a negative impact on the nation's economy, which led to the decision announced yesterday.
This is the second time Taiwan has initiated an anti-dumping action against China since the countries joined the WTO in 2002.
On June 1 last year, the finance ministry levied a 204.1 percent anti-dumping tax on Chinese towels for five years.
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