Trump issues another tariff threat, causing European automakers' stock prices to plummet.

According to Mars Finance, on January 19th, the Greenland issue continued to escalate, with US President Trump threatening to raise tariffs on European goods again, causing a sharp drop in the stock prices of European automakers. On Monday morning, Mercedes-Benz shares fell as much as 6.7% in Frankfurt, BMW shares fell 7%, and Volkswagen shares fell 5.4%. Last weekend, Trump suddenly announced plans to impose an additional 10% tariff on imports from several European countries starting in February, rising to 25% in June, catching many European countries, including Germany and France, off guard. BMW, Mercedes-Benz, and Volkswagen all rely heavily on the US market, which is their main source of revenue and profit. These automakers, which import models such as the S-Class sedan from the US, were already impacted by Trump's tariff policies. Currently, the US imposes a 15% tariff on most vehicles and parts imported from the EU. Last year, Trump's additional tariffs significantly increased this percentage from approximately 2.5%, triggering profit warnings from automakers. (Jinshi)