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 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.

At Davos, Ursula von der Leyen emphasized the EU's dedication to the Paris climate accord and urged international cooperation, despite Trump’s decision to withdraw. View on euronews

DAVOS, Switzerland (Reuters) - 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.

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

European Commission President Ursula von der Leyen warned on Tuesday of an escalating economic conflict with the new US administration under Donald Trump. "No other economies in the world are as integrated as we are,