EU Announces Strategic Push for Global Trade Partnerships
European Commission President Ursula von der Leyen emphasizes cooperation with India, China, and other nations, as the EU navigates challenges posed by U.S. trade policies under President Trump.
- European Commission President Ursula von der Leyen announced that her first official trip will be to India to strengthen the EU-India strategic partnership.
- Speaking at the World Economic Forum in Davos, von der Leyen highlighted the EU's openness to global trade and collaboration, including with nations in Asia, Africa, and South America.
- The EU has recently finalized trade deals with Mercosur and Mexico, and restarted long-stalled trade negotiations with Malaysia.
- Von der Leyen expressed the EU's readiness to work with China on balanced trade relationships, despite ongoing disputes over tariffs and trade practices.
- The EU's proactive approach comes as U.S. President Donald Trump signals protectionist trade policies, including potential tariffs on EU goods, raising concerns about transatlantic economic ties.