BYD Sues US Government Over Trump Tariffs, Demands Refund

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CNBC TV18•10-02-2026, 10:14
BYD Sues US Government Over Trump Tariffs, Demands Refund
- •Chinese automaker BYD has filed a lawsuit against the US government, challenging Trump-era tariffs.
- •BYD seeks a refund for all duties paid since April, arguing the International Emergency Economic Powers Act (IEEPA) does not authorize border taxes.
- •This is the first lawsuit by a Chinese carmaker over US tariffs, following similar complaints from thousands of global companies.
- •BYD's US operations include buses, commercial vehicles, batteries, energy storage systems, and solar panels, employing 750 workers in California.
- •The US Supreme Court is also expected to rule on the legality of these tariffs in a separate high-stakes case.
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