Live Demo Agent Trial
Live Demo Agent Trial Log In Sign Up
News Wire / economy

Taiwan Farmers Raise Food Safety Concerns Over US Imports

BCC News Taiwan Taipei 15d13d Impact 5

Taiwanese peanut prices may drop to approximately 40% of current levels due to US peanut imports benefiting from zero tariffs and special defense measure exemptions. US peanuts may enter the Taiwan market at low prices due to the US-Taiwan Reciprocal Trade Agreement. Kuomintang legislator Lai Shih-pao questioned Finance Minister Chuang Tsui-yun in the Legislative Yuan regarding the timing of US peanut imports. Lai expressed concerns that zero-tariff imports under the US-Taiwan Reciprocal Trade Agreement (ART) could impact the domestic peanut industry. The minister stated they are waiting for US confirmation regarding the ART negotiations before the matter is sent to the legislature. The current value of peanut crop conversion in Taiwan is 13,500 units, according to the source.

Taiwanese peanut prices may drop to approximately 40% of current levels due to US peanut imports benefiting from zero tariffs and special defense measure exemptions. US peanuts may enter the Taiwan market at low prices due to the US-Taiwan Reciprocal Trade Agreement. Kuomintang legislator Lai Shih-pao questioned Finance Minister Chuang Tsui-yun in the Legislative Yuan regarding the timing of US peanut imports. Lai expressed concerns that zero-tariff imports under the US-Taiwan Reciprocal Trade Agreement (ART) could impact the domestic peanut industry. The minister stated they are waiting for US confirmation regarding the ART negotiations before the matter is sent to the legislature. The current value of peanut crop conversion in Taiwan is 13,500 units, according to the source. Agriculture Minister Chen Chun-ji committed to the Legislative Yuan that all processed peanut products must clearly label their original country of origin. The minister stated that imported peanuts cannot be labeled as 'Made in Taiwan' to ensure national fairness. This measure aims to establish a distinct brand for authentic Taiwanese peanuts. The ministry will monitor compliance to prevent mislabeling of foreign raw materials. Critics argue that inspection rates of 1% or less are insufficient to prevent contamination, such as aflatoxin. Some officials have suggested transitioning farmers from peanut cultivation to millet or soybeans to compete with US imports.

Topics

trade agriculture tariffs

Developing

  1. 862d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 862d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

BCC News Taiwan

“The price of imported US peanuts could fall to as low as 57 dollars, which is about 40% of the price of Taiwanese peanuts.”

BCC News Taiwan

“長驅植入 進口美國花生去渴價格 會低到美共金57塊錢 這是台灣花生價格 大概只有四成左右 所以外界擔心 這場美國花生風暴 恐怕會摧毀台灣農民的生計”

BCC News Taiwan

“import prices of shelled peanuts from the US will drop to 57 TWD per kg, which is 40 percent of Taiwan's peanut price.”

BCC News Taiwan

“進口美國花生去殼的價格 將低到美公斤57塊 是台灣花生價格的四成 這場美國花生風暴 恐怕摧毀台灣農民的生計”

BCC News Taiwan

“進口美國花生去殼的價格 將低到美公斤57塊 是台灣花生價格的四成 這場美國花生風暴 恐怕摧毀台灣農民的生計 更導致產業救助基金面臨斷鏈的危機”

BCC News Taiwan

“The price of imported US shelled peanuts will drop to 57 TWD per kilogram, which is 40 percent of the price of Taiwan peanuts.”

BCC News Taiwan

“農業部已經準備好了300億元農安基金推動產業升級建立自動化設備,要確保台灣的花生能夠成為國人消費的首選”

BCC News Taiwan

“This case is the first imported measles case from Japan in the last seven years since 2019. Nearly 300 related contacts are being monitored until May 12.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade