Belgium’s Brussels, February 5: Ursula von der Leyen, president of the European Commission, discussed the increasing use of economic coercion, including export bans, tariffs, and sanctions, on Tuesday and underlined Europe’s commitment to ensuring its economic security.

“We know that there will be an increased use of threats and of economic coercion tools like sanctions, export controls, and tariffs,” von der Leyen said during a lecture at the EU Ambassadors Conference 2025. This has happened again in recent days, demonstrating how easily things may get out of hand. To be clear, Europe will protect its national security and economy.

“But we also need to find the right balance,” she said. One that emphasizes the beneficial instruments of economic statecraft, including investment, trade, production, and innovation. A worldwide race to the bottom that serves no one’s interests is what we want to prevent. Even while we become ready for any circumstance, that must remain our first priority. Our goal is to fortify the economic connections that benefit Europeans. those who contribute to price reductions, job creation, and increased security.”

Von der Leyen’s comments were noteworthy since they followed US President Donald Trump’s announcement that the US will increase current taxes on all Chinese imports by 10%.Additionally, Trump said that he would be imposing an extra 25% duty on goods coming from Canada and Mexico.

During the address, von der Leyen emphasized the economic “integration” between the United States and the European Union, which together account for about 30% of global commerce in products and services. He also highlighted the “transatlantic partnership” between the two countries.

“And naturally, such is the situation with the United States, a nation with whom we have the closest relations. For the majority of the century, peace and prosperity have been anchored by the transatlantic connection. Whether it’s the global economy or regional stability, we have a lot of similar concerns,” von der Leyen said.

“The European Union and the United States have the most advanced economic integration in the world,” she said. Nearly 30% of global commerce in products and services is represented by the US and the EU together. and over 40% of the world’s gross domestic product. 3.5 million Americans are employed by European businesses in the US. Additionally, commerce with Europe directly supports another million American employment. We exchange USD 1.5 trillion worth of goods and services annually. The key thing is that both parties have a lot on the line. Businesses, industries, and employment in the US and here depend on the transatlantic link. We thus want to make it function. And it’s just good business, not only because of our longstanding relationship.”