Trump’s new 25% tariff on cars is bad news for Europe, but mostly Germany (opens in new tab)

Last Friday, U.S. President Donald Trump further escalated tensions with the European Union by announcing a hike in tariffs to 25 percent on all trucks and cars imported from the EU. The president accused the EU of violating their previous tariff agreement reached last year, but the strong suspicion is that this was in retaliation […]