SEHK:1211Auto
BYD Lawsuit Challenges Trump Tariffs And Reshapes Trade Risk For Investors
BYD has filed a lawsuit against the U.S. government challenging Trump-era tariffs on its products.
The company is seeking to void the tariffs and recover duties already paid.
This is the first legal action of its kind by a Chinese automaker against these U.S. trade measures.
BYD, listed as SEHK:1211, is bringing this legal move at a time when its shares last closed at HK$93.55. Over the past 3 years the stock return is 20.1%, compared with a 9.4% return over 5 years, while the 1 year return...