BYD Challenges U.S. Tariff Authority, Seeks Rebates for Levies Paid Since April
Chinese electric vehicle and battery manufacturer BYD has filed suit in the U.S. Court of International Trade contesting the Trump administration's use of the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs. Four BYD U.S. subsidiaries argue the statute does not permit tariffs and seek reimbursement for duties paid since …