Taiwan’s Executive Yuan approved a Ministry of Finance proposal today, extending tax reductions on bulk commodities until March 31, 2027. This measure includes tariff exemptions for soybean oil and soybean meal imported by 中聯 (Chung Lien), as well as continued reductions for other essential goods. The decision aims to stabilize prices and support domestic industries amidst global economic fluctuations. Officials cited the ongoing need to ensure a stable supply of key materials for animal feed and food processing. The extension is expected to alleviate financial burdens on businesses and consumers in Taiwan. This policy reflects the government's commitment to managing economic pressures and maintaining supply chain resilience in Taiwan. The measure will be reviewed periodically to assess its effectiveness and adjust as needed.