Tariff-Cutting Pact With U.S. Ratified: The Cabinet approved the agreement to cut tariffs by an average of 12.5% on 325 industrial goods and by an average of 17.5% on 154 farm products, the Economic Ministry said. Officials said the cuts, which require Parliament approval, will help Taiwan in its bid to enter the General Agreement on Tariffs and Trade.
From Times Staff and Wire Reports
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