Taiwan notified the World Trade Organization on Sept. 28 that it was invoking volume-based special safeguards on imports of pork belly, USDA Foreign Agricultural Service (FAS) wrote in its latest Global Agricultural Information Network (GAIN) Report.
Between Jan. 1 and Sept. 11, 2023, Taiwan imported 15,160 metric tons of pork belly. This volume exceeded the specified trigger levels for the activation of the special safeguards.
This safeguard is triggered when imports exceed the sum of 110% of the average import volume of the last three years and the change in yearly consumption in the most recent year.
Accordingly, Taiwan will impose additional duties on pork belly, equivalent to an additional one third of the normal duties, of 12.5% for WTO members, from the date of the activation until Dec. 31.
Taiwan customs data show that Taiwan imported 16,009 metric tons of pork belly between January and the end September 2023, including 35% or 5,639 metric tons from Canada, 22% or 3,566 metric tons from the Netherlands, 15% or 2,378 metric tons from Spain, 12 percent or 1,921 metric tons from the U.S., and 6.8% or 1,095 metric tons from Denmark.
The GAIN reports contains assessments of commodity and trade issues, USDA reports, made by USDA staff and are not necessarily statements of official U.S. government policy.
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