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.

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.

The European Union has clinched a string of pacts after the United States, its top trading partner, flipped into full protectionist mode.

The European Commission chief did not explicitly mention the new US president or his trade policies, but underscored the number of American jobs tied to European trade.

Video. Speaking at the Davos Summit, Ursula von der Leyen emphasided the EU's dedication to the Paris climate agreement and urged international cooperation, despite Trump’s decision to withdraw.

President Donald Trump has given everyone at Davos something to talk about with his actions on the first day of his second term.

Various European leaders reacted to President Donald Trump's withdrawal from the Paris Agreement saying that they will stick to the landmark Paris climate agreement even though the United States has withdrawn from it.

Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.

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.

Officials and business executives at the annual gathering in Switzerland said the fight against global climate change would continue with or without the United States.

European Commission President Ursula von der Leyen reaffirmed support for the Paris Climate Agreement at the World Economic Forum. Despite President Trump's withdrawal of the United States from the deal,

EU-Kommissionspräsidentin Ursula von der Leyen hat in Davos vor einem Handelskrieg gewarnt. Die transatlantischen Verflechtungen seien so eng, dass für beide Seiten viel auf dem Spiel stehe.