Mercedes-Benz Welcomes EU-US Deal After Profits Plunge On Tariff Woes

Fuente: International Business Times

US tariffs had an impact of hundreds of millions of euros on Mercedes-Benz AFP A new trade deal struck between the United States and European Union is good news despite fears it is unbalanced, Mercedes-Benz said Wednesday after the German carmaker reported a tariff hit of hundreds of millions of euros in the second quarter. "I have respect for what the EU commission and (trade commissioner) Maros Sefcovic and co have worked up in the past few months", chief executive Ola Kaellenius told reporters on a call. "It will help us rather than damage us".