financetom
Business
financetom
/
Business
/
Mercedes sees little chance of sector-specific U.S. tariff deals, CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mercedes sees little chance of sector-specific U.S. tariff deals, CEO says
Jul 30, 2025 1:14 AM

July 30 (Reuters) - Car sector-specific tariff deals

with the United States are "very uncertain", Mercedes-Benz

CEO Ola Kaellenius told analysts on Wednesday,

throwing some cold water on hopes firms may be able to negotiate

individual deals.

The U.S. struck a framework trade deal with the European

Union on Sunday, imposing a 15% tariff on most EU goods - half

the threatened rate - and averting a bigger trade war between

the two allies that account for almost a third of global trade.

"We have been extensively engaged in the conversation that

has been going on between the United States and the EU .. For

all intents and purposes, that global deal for now is it," said

Kaellenius, also the president of Europe's car lobby ACEA.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Genius Sports Q2 Loss Widens, Revenue Increases; 2025 Revenue Outlook Raised
Genius Sports Q2 Loss Widens, Revenue Increases; 2025 Revenue Outlook Raised
Aug 6, 2025
08:04 AM EDT, 08/06/2025 (MT Newswires) -- Genius Sports ( GENI ) reported a Q2 loss Wednesday of $0.21 per diluted share, widening from a loss of $0.09 a year earlier. Analysts polled by FactSet expected a loss of $0.01. Revenue for the quarter ended June 30 was $118.7 million, compared with $95.4 million a year earlier. Analysts surveyed by...
Bio-Techne beats quarterly estimates on strength in protein sciences unit
Bio-Techne beats quarterly estimates on strength in protein sciences unit
Aug 6, 2025
Aug 6 (Reuters) - Bio-Techne ( TECH ) reported better-than-expected fourth-quarter revenue and profit on Wednesday, helped by steady demand for its proteins, antibodies and other products for research. The Minneapolis, Minnesota-based company develops and makes products used in medical research, drug development and diagnostics. Larger peers Thermo Fisher and Danaher ( DHR ) last month flagged robust demand across...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
CDW tops quarterly estimates on steady demand from healthcare, government customers
CDW tops quarterly estimates on steady demand from healthcare, government customers
Aug 6, 2025
Aug 6 (Reuters) - CDW beat Wall Street estimates for second-quarter results on Wednesday, helped by continued demand for IT solutions from its healthcare and government customers. The increasing need for hybrid data centers by combining cloud and on-premise infrastructure, has created new growth opportunities for CDW. CDW provides information technology solutions such as security, cloud, hybrid infrastructure to business,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved