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.

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.

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.

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.

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.

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.

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,

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

The EU is weighing a Europe-wide subsidy program for electric vehicles to support domestic carmakers, German Chancellor Olaf Scholz revealed this week at the World Economic Forum in Davos, Switzerland.

At the World Economic Forum in Davos, business and government leaders react to Trump's return to office. Yahoo Finance Senior Reporter Jennifer Schonberger reports from Davos to describe JPMorgan's (JPM) optimism for a pro-business environment under President Donald Trump despite concerns over trade.