Taipei, June 28 -- The Ministry of Finance announced that it will impose anti-dumping duties on beer and hot-rolled steel produced in China for four months starting next Thursday, citing "substantial damage" to Taiwan's industry, as reported by the Taipei Times.

According to a statement from the finance ministry, both it and the Ministry of Economic Affairs "have tentatively concluded that these products are being dumped and that it has inflicted significant harm on the domestic industry." The finance ministry mentioned that the duties would be applied for four months to "protect our industry from ongoing damage during the investigation," as noted by the Taipei Times.

The tariffs on Chinese beer will vary from 13.13 per cent to 64.14 pe...