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

  • Stance by European trade chiefs signals risk of new tariffs
  • Discord over auto shipments threatens to shatter trade truce
Ford Motor Co. Assembly Line And Barge Delivery Operations
Photographer: Krisztian Bocsi/Bloomberg
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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.

EU trade chiefs on Monday dismissed an idea floated by President Donald Trump earlier this month of fixing quotas on European automotive exports to the U.S. He claimed such shipments pose a threat to national security -- a view repudiated by Europe.