Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.

Europe was right to respond to U.S. tariffs but a trade war is a negative for all sides involved and could push Germany, the bloc's biggest economy, into recession this year, Bundesbank President Joachim Nagel told the BBC.

Bundesbank President Joachim Nagel told the BBC on Thursday that while the EU's response to US tariffs was appropriate, an escalating trade war would harm all parties and threaten to tip Germany, the bloc's largest economy, into recession.

The head of Germany’s central bank has warned that U.S. tariffs on imported goods could tip Europe’s largest economy into another recession, adding to the country’s ongoing economic struggles. Joachim Nagel,

Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.