President Donald Trump has given everyone at Davos something to talk about with his actions on the first day of his second term.
Von der Leyen insisted that the United States remains an important partner, taking a conciliatory tone in a speech to the annual meeting of global elites in Davos, Switzerland. The EU's "first priority will be to engage early, discuss common interests, and be ready to negotiate" with Trump, she said.
Teresa Ribera, the European Commission's executive vice president for clean, just and competitive transition, discusses European competitiveness at the World Economic Forum in Davos.
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.
“Rachel Reeves is thinking the right way but she’s in a difficult position,” said a senior UK bank executive in Davos . “Labour in the UK have made a lot of good decisions but it is very hard for them and the [bond market] challenges of last week reinforce that issue.”
DAVOS, Switzerland - 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 Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.
But with Trump preparing to rip up federal regulation and rethink the parameters of government action, the EU’s moves look altogether more tentative. “The engagement is not to deregulate, but to simplify,
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.
The European Union is open to discussing purchases of energy and arms from the United States to ward off tariffs that President Donald Trump has threatened to impose on the bloc, EU's top economy official said on Thursday.
According to German Chancellor Olaf Scholz, the European Union is working on a proposal for EU-wide purchase incentives for electric vehicles. However, there