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Trump meeting with automaker executives in January 2017. Photo: Shawn Thew-Pool/Getty Images

Get ready for Mercedes-Benz to join the agreement between California and several big automakers to increase carbon emissions standards — a pact that rebuffs White House plans to freeze the Obama-era CO2 and mileage rules.

The intrigue: Per the Los Angeles Times late Tuesday, California Gov. Gavin Newsom confirmed anonymously sourced NYT reporting that Mercedes would join Ford, BMW, Honda and VW in the deal rolled out last month.

  • Mercedes declined to comment yesterday.

Why it matters: It's a sign that the deal is expanding to cover a huge swath of the industry.

  • NYT reports that another automaker — GM, Toyota or Fiat-Chrysler — intends to comply with the stricter rules for at least the next 4 years.
  • Newsom also told reporters that discussions are underway with a 6th major automaker, per LAT.

Wednesday morning, President Trump tweeted:

"My proposal to the politically correct Automobile Companies would lower the average price of a car to consumers by more than $3000, while at the same time making the cars substantially safer. Engines would run smoother. Very little impact on the environment! Foolish executives!"

His response represents an escalation of the rupture between his administration and some of the world’s biggest automakers over his plan to freeze the Obama-era regulations rather than allowing them to grow stricter throughout the mid-2020s.

Quick take on Mercedes per Axios' Joann Muller: Mercedes' apparent decision makes sense because:

  • Mercedes is part of the Daimler group, which has a joint venture with BMW combining their mobility services around electric vehicle charging, ride-hailing and more.
  • The luxury automaker also has a number of EVs in its pipeline.
  • That move toward EVs will enable a break with its past method of complying with mileage rules by purchasing credits, rather than making cleaner cars.

My thought bubble: The pact is the starkest example yet in a wider movement of states, companies and local governments rebuffing or counteracting the White House posture on global warming.

But, but, but: In this case, it's not black and white. Automakers initially backed the White House goal to revisit Obama-era mandates and only later chafed at plans to freeze annual increases next year.

  • As one veteran advocate pointed out to me recently, the agreement with California is written in a way that's "significantly weaker" than the rules issued under former President Obama.

Go deeper

FTC releases findings on how Big Tech eats little tech

Photo illustration: Sarah Grillo/Axios. Photo: An Rong Xu/Washington Post via Getty Images

Federal Trade Commission chair Lina Khan signaled changes are on the way in how the agency scrutinizes acquisitions after revealing the results of a study of a decade's worth of Big Tech company deals that weren't reported to the agency.

Why it matters: Tech's business ecosystem is built on giant companies buying up small startups, but the message from the antitrust agency this week could chill mergers and acquisitions in the sector.

First look: Biden's economic case for green cards

Photo: Win McNamee/Getty Images

The White House Council of Economic Advisors (CEA) is promoting the economic benefits and costs of providing green cards to millions of unauthorized immigrants in a blogpost being released on Friday, according to a draft provided to Axios.

Why it matters: The post comes as the fate of millions of immigrants, including those with Temporary Protected Status or DACA protections, rests with Congress — and the Senate parliamentarian.

Ina Fried, author of Login
27 mins ago - Technology
Column / Signal Boost

Facebook's social balance is in the red

Illustration: Megan Robinson/Axios

Facebook is essential to our lives. Facebook is ruining our lives. Holding both these truths at once will make your head hurt.

While covering the Olympics in Tokyo, I spent a ton of time on Facebook. Each day, during several hourlong bus rides, I would see who was online in Messenger and share photos and stories there with family and friends. I also posted frequently on my news feed.

You’ve caught up. Now what?

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