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Trump: Major carmakers sue US government over China tax

Added 09-24-20 12:04:03am EST - “Tesla, Ford and Mercedes-Benz object to the Trump administration's import duties on Chinese parts.” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “Trump: Major carmakers sue US government over China tax”. Below is an excerpt from the article.

Tesla, Volvo, Ford and Mercedes-Benz are all unhappy with the customs duties introduced by the Trump administration and are demanding refunds.

The US and China have imposed border taxes on each other's goods and services as part of a trade war.

Tensions between Washington and Beijing have rapidly escalated in recent weeks, mainly concerning technology firms.

The lawsuits were filed by the carmakers in the past few days in the New York-based Court of International Trade.

Mercedes-Benz in its filing accused Washington of "prosecution of an unprecedented, unbounded, and unlimited trade war impacting over $500bn in imports from the People's Republic of China".

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