Automotive union, MISA, has slammed the government’s reported plan to impose a 50% tariff on Chinese and Indian vehicles Automotiveunion, MISA,has slammed the government’s reported plan to impose a 50% tariff on Chinese and Indian vehicles, saying it could undermine a retail sector that is finallybouncing back. union, MISA,has slammed the government’s reported plan to impose a 50% tariff on Chinese and Indian vehicles, saying it could undermine a retail sector that is finally IOL previously reported thatSouth Africamay soon impose higher tariffs on imported cars from India and China as local manufacturers struggle to compete and protect jobs in the domestic automotive industry. may soon impose higher tariffs on imported cars from India and China as local manufacturers struggle to compete and protect jobs in the domestic automotive industry.
The Department of Trade, Industry and Competitionis reviewing measures, including higher import duties and excise taxes, to support the domestic automotive industry. is reviewing measures, including higher import duties and excise taxes, to support the domestic automotive industry. One otheroption under discussion is updating the country’s tariff schedule to align import levies with World Trade Organisation rules formost-favoured nations.
option under discussion is updating the country’s tariff schedule to align import levies with World Trade Organisation rules for In a press briefing, MISA’s media and communications manager, Sonja Carstens,saidthe proposed tariffs wouldhurtdealerships and retail workers who have only recentlyseena recovery. In a press briefing, MISA’s media and communications manager, Sonja Carstens, dealerships and retail workers who have only recently “Misa has been very vocal on the issue, saying you cannot encourage local manufacturing to the detriment of another industry, and in our case, it’s the retail motor industry, “Carstens said.
All Zim News – Bringing you the latest news and updates.