Local tyre makers defend ‘anti-dumping’ push

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business Business Headlines News

Industry body says cheap tyres from China limits the competitiveness of domestic manufacturers

Local tyre manufactures on Thursday defended their push for hefty anti-dumping duties to be implemented saying it is part of a sustained effort to rescue the local industry and livelihoods.

“[Local industry] is not against healthy trade and competition at fair prices, but rather against tyres designed and manufactured in China that are imported unfairly into South Africa at unsustainable, rock-bottom rates,” said Nduduzo Chala, the managing executive of the SA Tyre Manufacturers Conference , the industry body and trade association of local tyre manufacturers Bridgestone, Continental, Goodyear and Sumitomo. ..

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tyre importers up in arms as local producers ask for protectionTariffs could drive up the cost of tyres by as much as 41%, say industry bodies They are cheap because China gives its companies free water, free electricity, no interest loans, free land. It's dumping
Source: BDliveSA - 🏆 12. / 63 Read more »

Higher-priced Chinese tyres will save SA jobs, claim local tyre producersAnti-dumping duties could save local tyre industry and livelihoods, says SATMC This is demonic suggestion from greedy businesses
Source: SowetanLIVE - 🏆 13. / 63 Read more »