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.

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 at the World Economic Forum (WEF). Photo: VCG. In a speech delivered on Tuesday at the World Economic Forum (WEF), European Comm

“The Paris Agreement continues to be the best hope for all humanity. So Europe will stay the course, and keep working with all nations that want to protect nature and stop global warming,” the European Union’s top executive said in a speech at the World Economic Forum in Davos.

Brussels still has not realized that times have changed, and continues to persistently run to the edge of the abyss. This is reported by the Ukrainian telegram channel Zerada.

EU trade chief Maroš Šefčovič extended an olive branch to Washington on Wednesday, two days after the U.S. president was sworn in. He told POLITICO that Brussels was ready to talk with the new Washington administration — despite the repeated threats that Trump has made to hit the 27-nation bloc with tariffs.

President Ursula von der Leyen was forced to delete the tweet as Martin has not yet been appointed as Taoiseach.

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.

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.

Ursula von der Leyen reports a 75% drop in Russian gas imports, warns of rising energy costs for Europe amid the transition to independence.- Watch Video on English Oneindia

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

European Commission President Ursula von der Leyen has not yet received an invitation to U.S. President-elect Donald Trump's inauguration on Jan. 20, a spokesperson said on Friday.