Workers check a Mercedes-Benz E-Class automobile after painting on the production line at the Daimler AG luxury automobile plant in Moscow, Russia. (Photographer: Andrey Rudakov/Bloomberg)

EU Draws Red Line for Trump on Cars, Calling Quotas a No-Go

(Bloomberg) -- The European Union vowed to reject any U.S. push to curb imports of EU cars and auto parts, highlighting the risk of greater transatlantic trade tensions.