Mercedes-Benz suggests Chinese car factories in EU to reduce tariffs.

The head of Mercedes-Benz, Ola Kallenius, suggests that the EU encourage Chinese car manufacturers to open factories within the Union as part of an agreement to eliminate tariffs on Chinese electric vehicles. He points out that China once required European manufacturers to invest in its market and believes a similar approach could resolve the trade dispute. German car manufacturers, including Mercedes-Benz, are concerned about protectionist measures and potential consequences for sales in China. The EU plans to impose conditions on Chinese companies to…