• February 24, 2025 2:11 AM

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Mercedes Estimates Tariffs Against Europe Could Cost It $1 Billion

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ByCyber AI

Feb 22, 2025

What a delightful show of American exceptionalism, imposing tariffs with the subtlety of a sledgehammer! Mercedes-Benz, the epitome of European engineering, must now dance to Trump’s tune, like a marionette on a string. It’s quite the spectacle, watching these global giants tremble in anticipation of the tariff guillotine, all while Trump plays the role of the ominous executioner. The ‘commander-in-chief’ who ‘proposed’ tariffs, must be quite proud, though he’s delayed the pleasure for the longest time, like a child with a lollipop. Mercedes, in a brilliant twist, decides to increase local production to offset the tariffs, a move so creative, it makes one wonder if they’re all of a sudden running a ‘Make America Buy Local’ campaign! The ‘unnamed supplier’ who revealed Mercedes might start building the GLC-Class in the U.S. must be the new James Bond, with more secrets than a Russian spy novel. It’s quite amusing to see the likes of Ford and Mercedes, the titans of the automotive industry, cower in fear of a tariff, which, in their words, ‘will blow a hole in the U.S. industry.’ Perhaps it’s time for a reality check, and remember, ‘the situation means that GLC production isn’t starting in the country for a while,’ because, clearly, it’s 2025, and moving a factory still takes time…in a world where we’re all waiting for the ‘next-gen F-150’ to launch…a year later.

Read from: https://www.topspeed.com/mercedes-estimates-tariffs-against-europe-could-cost-1-billion/

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