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The overall tariff had been 8.2% in Taiwan and after joining the WTO the tariff was reduced to 5.54%(over 32% reduction). There were 4491 tariff reduction projects. The tariff of agricultural products for which the average nominal tariff was 20.02% dropped to 12.9% (over 35% reduction). Taiwan is basically an island country, which heavily relies on imports in many fields. The reduction in agricultural import tariffs has helped the restaurant industry to cut costs. With the developing trade relationship through the straits, many agricultural products can enter Taiwan markets at lower prices from mainland China...
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