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BYD's moves, little moves, and lawsuits to avoid EU and US tariffs
Summary by Vogon Today
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1 Articles
BYD's moves, little moves, and lawsuits to avoid EU and US tariffs
BYD has made a double move to circumvent and undermine the Western tariff wall: in the US, it is appealing to the Court of International Trade, arguing that Trump did not have the authority to impose the taxes, while in Europe (where it has already sued Brussels by filing its claims with the Court of Justice of the European Union) it is increasing production at its Hungarian plant, allowing it to avoid paying the 27 percent customs tariffs decid…
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