Germany has said it "will not give in" and that Europe must "respond firmly" as US President Donald Trump targets imported cars and car parts with a 25% tax in his latest tariffs. Other major world economies have vowed to retaliate,

Leaders in both countries warned that tariffs would fan inflation in the United States and upend global supply chains.

Germany's economy minister and its autos association slammed Donald Trump's newly-announced 25% tariff on imported vehicles to the U.S. as bad for European and U.S. economies, calling for urgent negotiations to ward off a spiralling trade war.