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.
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.
President Donald Trump has given everyone at Davos something to talk about with his actions on the first day of his second term.
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.
Despite Trump's order to withdraw the United States from the UN Paris Agreement, Al Gore expressed confidence that regional, municipal administrations, and industries themselves will help maintain the path of climate action.
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.
EDITORIAL. Donald Trump's return to power and Russia's aggressiveness, particularly in Ukraine, have made it more urgent than ever to strengthen the continent's defense.
Carlos Cuerpo, Spain’s economy minister, told the Financial Times he had come to Davos to counter the view that Europe was moribund, touting his country’s own stellar record, after it outpaced US performance last year with estimated growth of 3.1 per cent and record job creation.
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.
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.
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
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,