A US House bill targeting Chinese-linked automakers could result in a US ban on new Mercedes-Benz (MBG GY) vehicles, CNBC reports

Newsquawk StaffPublished 29 May 2026, 18:08 UTCOn the live feed at 17:48 UTC — 3 more headlines followed before this page went public

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18:03

President Trump shares story with US ambassador stating that the EU must honour its trade deal with the US

18:00

Johnson & Johnson's (JNJ) rybrevant (amivantamab-vmjw) plus lazcluze (lazertinib) demonstrates prolonged clinical benefit as a first-line treatment for atypical egfr-mutated non-small cell lung cancer

17:48

A US House bill targeting Chinese-linked automakers could result in a US ban on new Mercedes-Benz (MBG GY) vehicles, CNBC reports

17:46

Universal Music (UMG NA) declines unsolicited Pershing Square (PSH LN) proposal, citing undervaluation of the company

17:45

Iran state television says Tehran has yet to send its 14-point proposal to Washington, according to Al Hadath

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BAIC, a Chinese state-owned automaker, is the MBG's largest individual shareholder.
Sources said that exemptions outlined in the legislation would not apply to MBG despite its significant US manufacturing presence.

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