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 Ursula von der Leyen said on Tuesday at the World Economic Forum in Davos.

European Commission President Ursula von der Leyen warned of a 'global race to the bottom' using economic tools like sanctions and tariffs. She emphasized the need for innovation and cooperation to maintain global economic bonds,

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.

DAVOS, Switzerland (Reuters) -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.

EU chief Ursula von der Leyen has called for the bloc to "deepen" ties with China and boost relations with India, while taking a "pragmatic" approach with Donald Trump's new US administration.

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.

The European Union is keen to partner with countries around the world and is “open for business,” European Commission chief Ursula von der Leyen said Tuesday.

EU chief Ursula von der Leyen called Tuesday for the bloc to "deepen" ties with China and boost relations with India, while taking a "pragmatic" approach with Donald Trump's combative new US administration.

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.

European Commission President Ursula von der Leyen spoke at the World Economic Forum in Davos, presenting Europe's strategy for tackling 21st-century challenges. She emphasised the importance of unity,

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,