European shares hit two-week low as automakers decline on Trump's tariff plans




European stocks hit a two-week low as Trump's 25% auto tariffs spooked markets.
STOXX 600 fell 1%, with Germany’s index down 1.4% due to auto sector exposure.
Volkswagen, Stellantis, BMW, and Porsche saw sharp declines amid tariff concerns.
The STOXX 600 auto sector lost 3.3%, erasing year-to-date gains.

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