TRANSPORT
Tyre importers up in arms as local producers ask for protection
Tyres are the third-biggest cost driver in transport after wages and fuel
26 July 2022 - 15:58
UPDATED 26 July 2022 - 23:12
Tyre importers and transport industry players want the government to slam the brakes on what they term a bizarre application by local manufacturers for anti-dumping duties on various categories of Chinese tyres, saying the tariffs could drive up the cost of tyres by as much as 41%.
Tyres are the third-biggest cost driver in transport after wages and fuel, and any cost increase could have a devastating effect across the economy at a time when many consumers are under the cosh as fuel prices, inflation and interest rates continue to surge...
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