Excluding UK From ‘Made in Europe’ Law Would Hurt EU Carmakers, Mercedes-Benz Boss Says
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ACEA president and Mercedes-Benz chief Ola Källenius warned that excluding the UK from EU contracts under the planned Industrial Accelerator Act would weaken carmakers on both sides. The law targets non-EU competition, chiefly China, whose trade surplus with the EU has reached £1bn a day.
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