The U.S. Secretary of Commerce wants to "dig" into Europe's core enterprises! Mercedes-Benz CEO: Europe is going to compete!

Wallstreetcn
2026.01.30 04:16
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U.S. Secretary of Commerce Gina Raimondo is actively lobbying Mercedes-Benz to relocate its headquarters to the United States. She presented various advantages of investing in the U.S. to the CEO of Mercedes-Benz, including lower energy costs, streamlined regulations, and low tax rates. This comes at a time when German automakers are facing the dual pressures of U.S. tariffs and high production costs, leading to a continuous squeeze on profit margins