SATMC welcomes provisional payments on tyres imported from China, but TIASA, RFA express …

September 9, 2022

Home » SATMC welcomes provisional payments on tyres imported from China, but TIASA, RFA express …
Industry organisation the South African Tyre Manufacturers Conference (SATMC), that includes Continental, Bridgestone, Goodyear and Sumitomo, has invited the International Trade Administration Commission's (Itac's) publication of provisionary payments of 38.33% on unjustly traded, or discarded, truck, passenger and bus tyres imported from China for six months up until March 8, 2023. The SATMC had actually applied to Itac for relief versus discarded imports from China in late 2021. It said on September 9 that these provisional payments would resolve the issue of unjustly traded tyres from China that "over many years have triggered the South African Customs Union tyre market to suffer material injury that put the tire industry's future, financial investment chances and direct and indirect task creation at threat". ....

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