The Road Freight Association says the cost of transporting goods will rise after ‘dumped’ tyres are hit with a 38.33% duty
Consumers could be hit by increases in the costs of transport and goods after new import duty hikes were imposed on Chinese tyres.
“Fairly traded imports at prevailing prices from countries other than China, such as Korea and Japan, will continue unaffected into Sacu,” it said. “Tyre prices incurred the normal annual increase in July 2022 – which was 5.9%. By adding the antidumping levy, tyre prices will now increase by a whopping 44.7% in a single year. This is untenable for any transport operation — whether moving freight or passengers — and will see increases inevitably being passed on to consumers,” he said.
The application had also drawn opposition from the taxi industry, which said it would be forced to pass on the increased costs to consumers as tyres are the third-biggest cost after wages and fuel.
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