The automotive sector continues to play a vital role in the country’s manufacturing economy.
The industry body warns that the duty will negatively affect chrome producers and jobs.
Goods originating in or imported from numerous developing countries are excluded.
One of the countries that has already learned its fate in the face of punishing duties is Vietnam.
If SA’s disease-free status is compromised, PRRS could come at a heavy cost to local pork producers.
The development platform targets black-owned SMEs with turnovers under R50 million.
Tariff engineering can only be effective if done ethically and in compliance with local laws.
Some $750 billion in annual trade both ways could be impacted.
The aim is to protect local ferrochrome producers, preserve jobs and boost industrialisation.
The government is intervening to stem the sector’s protracted decline, which has led to smelter closures and job losses.
It is understood that RSL has undertaken to address and resolve agents' concerns by June 27.
