Major tyre manufacturers in South Africa are locked in a battle with Chinese imports and want government to impose heavy anti-dumping duties.
These additional costs will be a burden to consumers, and taxi commuters stand to be the hardest hit, according to the National Taxi Alliance.The fight over Chinese tyres in South Africa is heating up, with the taxi and freight industries the latest to warn of price hikes if harsher import duties are imposed.The push for anti-dumping duties, with the main argument being that cheap car, truck, and bus tyres from China have decimated the local industry, isn't new.
During the period under investigation by the Itac – August 2020 to July 2021 – R5.7 billion worth of tyres were imported into South Africa, with almost half coming from China. Charl de Villiers, chairperson of TIASA, argues that the SATMC's application is"absurd" when considering that,"according to their own price lists, the local manufacturers represented import 80% of the variety of tyres that they sell.
"We already estimate that taxi fares need to rise by up to 30% due to rampant petrol price increases," said Theo Malele, spokesperson for the National Taxi Alliance.
BISouthAfrica WMC has spoken
BISouthAfrica I hope South Africa doesn't import Michelin tyres from China? Which brands are from China?
BISouthAfrica Shit tyres are very very expensive this day's
BISouthAfrica Of course, more import duties, more money for cadres
BISouthAfrica Since when are we importing from China? And why?
BISouthAfrica I have a serious question. What's the SABS/SANS specifications for the Motor Industry and have the Chinese Tyres comply, we're they submitted for Verification Tests before being allowed to import the tyres into South Africa?.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BISouthAfrica - 🏆 34. / 51 Read more »