German Chancellor Olaf Scholz said on Thursday Donald Trump's decision to impose tariffs on cars is wrong and the U.S. president had chosen a path that would produce only losers.

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.