European auto stocks fall as Trump threatens new 25% tariff

Shares in Volkswagen, BMW and Stellantis fall sharply at the open in Europe after U.S. President Donald Trump says he'll raise tariffs on imported vehicles from 15% to 25% as soon as this week. Trump accused the European Union of breaching last July’s trade deal. CNBC’s Annette Weisbach and Charlotte Reed examine the potential impact on Europe’s major economies and carmakers.