European Commission President Ursula von der Leyen warned on Tuesday of the risk of a 'global race to the bottom' using economic tools such as sanctions, export controls and tariffs. Speaking at the World Economic Forum's annual meeting a day after the inauguration of U.

European Commission President Ursula von der Leyen at the World Economic Forum (WEF). Photo: VCG. In a speech delivered on Tuesday at the World Economic Forum (WEF), European Comm

The European Union wants to engage and negotiate with U.S. President Donald Trump, European Commission President Ursula von der Leyen said on Tuesday, warning of the risk of a "global race to the bottom" using tools such as tariffs.

“The world is moving faster than ever towards clean energy. Last year alone, global spending on clean energy hit a record of $2 trillion. For every dollar invested in fossil fuels, you had $2 invested in renewable energy. And the power sector clean energy investments outnumber fossil fuel by 10 to 1,” said von der Leyen.

Von der Leyen’s announcement followed on the heels of a positive visit to Belgium by Indian Commerce Minister Piyush Goyal, during which he met European Trade Commissioner Maroš Šefčovič. The next round of talks on a free-trade agreement has been set for March 10-14 in Brussels.

Europe has entered a new era of harsh geostrategic competition and will have to work together to avoid a global race to the bottom, European Commission President

The President of the European Commission, Ursula von der Leyen, stated this Tuesday that the "top priority" of the European Union is to quickly establish relations with the new administration of the United States to seek common interests and negotiate,

Ursula von der Leyen, President of the European Commission, speaks at the Annual Meeting of World Economic Forum in Davos, Switzerland