BYD stock (002594.SZ) set for a tariff test as Shenzhen trading reopens next week
BYD’s Shenzhen shares remain frozen at 90.27 yuan as China’s markets stay closed for the Spring Festival. The U.S. Supreme Court struck down Trump’s emergency tariffs, triggering legal battles over import-duty refunds. Trump repealed the tariffs and imposed a new 10% levy on all imports. BYD’s U.S. subsidiaries have already filed for duty refunds in U.S. court.