Taiwan slaps anti-dumping tariffs on Malaysian, Indonesian, Thai glass makers

Taiwan's Ministry of Finance (MOF) has imposed anti-dumping duties of up to 129.32 percent on float glass in sheets sold by suppliers from Malaysia, Indonesia and Thailand, effective from May 22, after those suppliers were found to have sold their products at unfair low prices in the Taiwan market.

In a statement released by the MOF's Customs Administration, the ministry said Xinyi Energy Smart (Malaysia) Sdn Bhd will face an anti-dumping tariff of 20.89 percent, while other float glass makers from Malaysia will be subject to a tariff of 129.32 percent.

As for Indonesia, PT Asahimas Flat Glass Tbk has been slapped with a tariff of 10.32 percent while other Indonesian exporters face an 87.76 percent tariff.

AGC Flat Glass (Thailand) PLC. has been exempted from anti-dumping tariffs after a probe into the Thai exporter, but other Thai suppliers face a tariff of 32.45 percent, the ministry said.

The tariffs will continue for five years and end on May 21, 2028, the MOF added.

The ministry launched an investigation into float glass exporters from the three Southeast Asian countries in May 2022 after the anti-dumping case was brought by the Taiwan Glass Industry Association, which accused them of selling their products in Taiwan at unfair low prices and thereby damaging the local glass industry from 2017-2020.

The MOF issued a final determination in February 2023 ruling that float glass exporters from the three Southeast Asian countries engaged in unfair trading practices and violated Taiwan's anti-dumping regulations.

The International Trade Commission (ITC) under the Ministry of Economic Affairs (MOEA) launched its own investigation into the case in 2022 before issuing a final decision in April 2023 ruling that the unfair trading practices caused material damage to the local glass industry.

After consulting with the MOEA, the MOF said a move to slap anti-dumping tariffs on float glass suppliers from the three countries is unlikely to hurt Taiwan's economy.

Source: Focus Taiwan