By Medha Singh and Nikhil Sharma (Reuters) -European shares slid on Friday as fresh U.S. data amplified worries about higher inflation, ending a week where new tariff announcements from U.S. President Donald Trump kept investors away from risky assets.

European automakers, already struggling with tepid economic growth at home and looming Chinese competition, on Thursday decried the U.S. import tax on cars as a new, heavy burden that would hurt compa

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

Ukraine’s European allies say now is not the time for lifting sanctions on Russia, after Moscow said it would only agree to a US-brokered deal on ending fighting in the Black Sea if some sanctions were eased.

The Trump administration has restarted diplomatic conversations with Russia regarding the U.S.'s interest in seeing an end to their war in Ukraine.

The Kremlin has a deliberate strategy to test how far US President Donald Trump is willing to go in pressing Europe to ease sanctions, according to people familiar with the situation.

The Euroleague is ready to enter talks with the National Basketball Association after the NBA announced it was exploring the possibility of launching a new league on the continent, Euroleague supremo Paulius Motiejunas said on Friday.

The NBA and FIBA are now exploring partnering on a new league in Europe and further expanding their roles there, NBA Commissioner Adam Silver said Thursday.

NBA commissioner Adam Silver said Thursday the idea is to have a 16-team league comprised of teams that exist and expansion teams.