Taiwan: Taiwan Cuts MFN Tariffs on Japan Imports in Bid to Join CPTPP

On July 2, 2019, Taiwan’s Legislative Yuan (LY) passed an amendment lowering most favored nation (MFN) tariffs on a grouping of agricultural products mostly from Japan. The LY hopes that lowering MFN tariffs will normalize the Taiwan-Japan trade relationship thrown off-balance by the 2018 antiFukushima food referendum, which froze in place a ban on Fukushima agricultural exports to Taiwan for two years. Taiwan authorities are attempting to gain Japan’s support for joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Taiwan: Taiwan Cuts MFN Tariffs on Japan Imports in Bid to Join CPTPP