President Trump’s trade war adds another challenge to the incoming government’s attempts to revive Europe’s biggest economy.

BERLIN–President Trump’s tariff announcement was “inflation day,” said Germany's economics minister, Robert Habeck, predicting the measures would cause economic damage to both the U.S. and its trading partners.

It may look like the European Union is getting off relatively lightly from the new U.S. tariffs, at least compared with Asian countries such as China. Unfortunately, the new taxes on Asian goods will also hurt European countries.

(Reuters) -Tesla sales in Germany dropped in March compared with the same time last year and were marginally lower in the UK, despite a spike in overall EV sales in both markets, data showed on Thursday.

Tesla Inc.’s sales plummeted 62% last quarter in Germany, a development the outgoing economy minister sees as an opening for the nation’s beleaguered carmakers.

Tesla sales plunged again in Germany last month even as the broader electric car market rebounded, data showed Thursday, the latest sign of a growing backlash against billionaire owner Elon