{"id":2292,"date":"2025-01-21T13:36:06","date_gmt":"2025-01-21T13:36:06","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2025\/01\/21\/eus-von-der-leyen-warns-against-global-race-to-bottom-on-tariffs-in-davos\/"},"modified":"2025-01-21T13:36:06","modified_gmt":"2025-01-21T13:36:06","slug":"eus-von-der-leyen-warns-against-global-race-to-bottom-on-tariffs-in-davos","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2025\/01\/21\/eus-von-der-leyen-warns-against-global-race-to-bottom-on-tariffs-in-davos\/","title":{"rendered":"EU\u2019s Von der Leyen warns against \u2018global race to bottom\u2019 on tariffs in Davos"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-1259236\">\n    <!-- .entry-header --><\/p>\n<div class=\"first-img article_thumbnail_wrapper\" itemscope=\"\" itemprop=\"associatedMedia\" itemtype=\"http:\/\/schema.org\/ImageObject\">\n                                                                    <picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/01\/von_der_leyen_davos_EPA-320x200.jpg?v=1737461360\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/01\/von_der_leyen_davos_EPA-scaled.jpg?v=1737461359\" alt=\"EU\u2019s Von der Leyen warns against \u2018global race to bottom\u2019 on tariffs in Davos\" src=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/01\/von_der_leyen_davos_EPA-960x600.jpg?v=1737461361\"\/><br \/>\n                        <\/source><\/picture>\n<p>President of the European Commission, Ursula von der Leyen, delivers a speech during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, 21 January 2025. [Michael Buholzer\/EPA]<\/p>\n<\/p><\/div>\n<div class=\"entry-content\" itemprop=\"articleBody\">\n<p>European Commission President Ursula von der Leyen warned on Tuesday of the risk of a \u2018global race to the bottom\u2019 using economic tools such as sanctions, export controls and tariffs.<\/p>\n<p>Speaking at the World Economic Forum\u2019s annual meeting a day after the inauguration of U.S. President Donald Trump, Von der Leyen spoke of a new era of harsh geostrategic competition.<\/p>\n<p>\u201cAs this competition intensifies, we will likely continue to see frequent use of economic tools, such as sanctions, export controls, and tariffs, that are intended to safeguard economic and national security,\u201d she said.<\/p>\n<p>But she said innovation must not be stifled.<\/p>\n<p>\u201cIn this spirit, we will need to work together to avoid a global race to the bottom,\u201d she added.<\/p>\n<p>\u201cBecause it is in no one\u2019s interest, to break the bonds in the global economy. Rather we need to modernize the rules to sustain our ability to produce mutual gain for our citizens.\u201d<\/p>\n<p>Trump said on Monday that he wanted to reverse the U.S. trade deficit with the European Union, either with tariffs or more energy exports.\u00a0<\/p>\n<p>[Reuters]<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<\/div>\n<p><script>\n        var NXFBPixelFunc = function () {\n            document.removeEventListener(\"scroll\", NXFBPixelFunc);\n            setTimeout(function () {\n                !function (f, b, e, v, n, t, s) {\n                    if (f.fbq) return;\n                    n = f.fbq = function () {\n                        n.callMethod ?\n                            n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n                    };\n                    if (!f._fbq) f._fbq = n;\n                    n.push = n;\n                    n.loaded = !0;\n                    n.version = '2.0';\n                    n.queue = [];\n                    t = b.createElement(e);\n                    t.async = !0;\n                    t.src = v;\n                    s = b.getElementsByTagName(e)[0];\n                    s.parentNode.insertBefore(t, s)\n                }(window, document, 'script',\n                    'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n                fbq('init', '109138906120213');\n                fbq('track', 'PageView');\n            }, 0)\n        };\n        document.addEventListener(\"scroll\", NXFBPixelFunc);\n    <\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.ekathimerini.com\/economy\/1259236\/eus-von-der-leyen-warns-against-global-race-to-bottom-on-tariffs-in-davos\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President of the European Commission, Ursula von der Leyen, delivers a speech during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, 21 January 2025. [Michael Buholzer\/EPA] European Commission President Ursula von der Leyen warned on Tuesday of the risk of a \u2018global race to the bottom\u2019 using economic tools such &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"EU\u2019s Von der Leyen warns against \u2018global race to bottom\u2019 on tariffs in Davos\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2025\/01\/21\/eus-von-der-leyen-warns-against-global-race-to-bottom-on-tariffs-in-davos\/#more-2292\" aria-label=\"Read more about EU\u2019s Von der Leyen warns against \u2018global race to bottom\u2019 on tariffs in Davos\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/01\/von_der_leyen_davos_EPA-960x600.jpg?v=1737461361","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-2292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/2292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=2292"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/2292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/2293"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=2292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=2292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=2292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}