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Mercedes sees itself as 'sounding board' in tariff talks, CEO tells newspaper

Mercedes sees itself as 'sounding board' in tariff talks, CEO tells newspaper

Reutersa day ago

BERLIN, June 5 (Reuters) - Mercedes-Benz (MBGn.DE), opens new tab views itself as a "sounding board" that contributes ideas in tariff negotiations between the European Union and the United States, CEO Ola Kaellenius told the Frankfurter Allgemeine Zeitung newspaper on Thursday.
"As a company, we hold talks with political decision-makers – in the EU as well as in China and the US," said Kaellenius.
"However, negotiations take place at EU level because trade policy falls within the EU's remit. We are available as a sounding board, contributing ideas and presenting scenarios showing how certain decisions would affect us," he added.
Mercedes-Benz, as well as BMW (BMWG.DE), opens new tab and Volkswagen , are in talks with Washington over a possible import tariff deal, sources told Reuters late last month.
Under one proposal on the table, German carmakers would get credits for cars they export from the United States, which could then be deducted from tariffs, one of the sources said.
Kaellenius' interview was published hours before Germany's new chancellor, Friedrich Merz, will hold his first face-to-face talks with U.S. President Donald Trump as Europe seeks to stave off looming U.S. tariffs.

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