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Senate Bill Could Ban Mercedes-Benz Over Chinese Stake

7/23/2026

Summary

Story summary

The U.S. Senate Commerce Committee approved legislation that could bar Mercedes-Benz sales in the United States.
The bill bans automakers with more than 15% Chinese ownership, and Mercedes-Benz holds about 20% Chinese investment.
Senator Ted Cruz, chair of the committee, warned the provision would bar Mercedes-Benz and said it must be changed before becoming law.
Senator Bernie Moreno said Mercedes-Benz has until 2030 to comply and could receive waivers.

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Story summary

The U.S. Senate Commerce Committee approved legislation that could bar Mercedes-Benz sales in the United States.
The bill bans automakers with more than 15% Chinese ownership, and Mercedes-Benz holds about 20% Chinese investment.
Senator Ted Cruz, chair of the committee, warned the provision would bar Mercedes-Benz and said it must be changed before becoming law.
Senator Bernie Moreno said Mercedes-Benz has until 2030 to comply and could receive waivers.