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

The tariffs announced by U.S. President Donald Trump will put a strain on the United States' exports as well, said German Chancellor Olaf Scholz on Thursday. At a press conference in Berlin, Scholz also pointed to complex supply chains: "Sometimes there are so many supply chain dependencies that some things are sent back and forth a 100 times.

Any doubt that the president was "all talk" about tariffs has been put to rest amid a flurry of tariffs, threats and retaliatory duties going into effect in a matter of weeks.