Mercedes Faces A US Ban Over Chinese Ties, But Ted Cruz Says Not A Chance
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Senate proposal targeting Chinese-owned automakers just took another step forward.
Chinese shareholders own nearly 20 % of Mercedes, far above the 15 % maximum.
Ted Cruz insists Mercedes isn’t a target and changes are likely before bill passes.
Seventy years ago it was Mercedes’ historic links to Nazi Germany that caused some Americans concern. These days it’s another evil empire: China. A new Senate proposal designed to keep Chinese-linked vehicle companies out of
Chinese shareholders own nearly 20 % of Mercedes, far above the 15 % maximum.
Ted Cruz insists Mercedes isn’t a target and changes are likely before bill passes.
Seventy years ago it was Mercedes’ historic links to Nazi Germany that caused some Americans concern. These days it’s another evil empire: China. A new Senate proposal designed to keep Chinese-linked vehicle companies out of
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