BYD files lawsuit, seeks refund over Trump's U.S. auto tariffs
BYD is suing the U.S. government, seeking a refund for tariffs paid under Trump's administration, arguing the law doesn't authorize them.Summary
Chinese electric car manufacturer BYD has filed a lawsuit against the U.S. government challenging tariffs imposed by former President Donald Trump. The lawsuit, filed at the U.S. Court of International Trade on January 26, argues that the International Emergency Economic Powers Act (IEEPA) does not legally permit the imposition of tariffs, as the act does not use the word “tariff” or similar terminology. This marks the first such legal challenge by a Chinese carmaker regarding U.S. tariffs, joining thousands of other global companies contesting Trump’s use of IEEPA.
BYD is seeking a refund for all tariffs paid since last April. While the company doesn’t currently sell passenger cars in the U.S., it operates businesses including buses, commercial vehicles, batteries, energy storage systems, and solar panels, and employs 750 workers at its truck plant in Lancaster, California.
The U.S. Supreme Court is also considering the legality of these tariffs in a separate case, with a ruling expected soon. BYD stated it filed its own complaint to ensure its eligibility for a refund, regardless of the Supreme Court’s decision.
(Source：Cnbc)