🚗 European Commission's plan to impose tariffs on Chinese-made electric vehicles just got a reality check from Mercedes-Benz Group CEO Ola Källenius. Speaking at the Berlin Global Dialogue on Wednesday, Källenius called direct tariffs a \"very crude instrument.\"
He believes there are better solutions out there. With Mercedes-Benz having substantial business in both China and Europe, Källenius emphasized the need for as much market access as possible. 🌐
The EU's proposal has already received the necessary support from member states, according to a statement released on Friday. But voices like Källenius' suggest that the drive towards protectionism might need a tune-up. 🔧
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Mercedes-Benz CEO: Directly imposing tariffs 'very crude' instrument
cgtn.com
