The International Trade Administration Commission (ITAC) has just announced the imposition of a new 38.33% provisional duty on tyres imported from China. This is on top of the import duties that currently exist, of between 25 and 30%.
The Tyre Importers Association of South Africa (TIASA) warns that the cost of tyres could increase by up to 41% if the four large domestic tyre producers - Continental, Bridgestone, Goodyear, and Sumitomo, collectively known as the SA Tyre Manufacturer...
The Tyre Importers Association of South Africa (TIASA) warns that the cost of tyres could increase by up to 41%
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