The European Union is taking a cautious approach in response to the election of Donald Trump as president, aiming to avoid a potential trade war.

EU leaders are concerned about the impact of Trump's policies on the bloc's economy, which is already facing challenges. At a recent gathering in Budapest, European Central Bank President Mario Draghi emphasized the need to address the EU's economic difficulties in light of the new U.S. administration.

Ukrainian President Volodymyr Zelenskyy has rejected Trump's proposal for a swift peace deal in the ongoing Ukraine conflict, expressing doubt about its feasibility. Meanwhile, French President Emmanuel Macron has called for Europe to take a more assertive stance, urging the continent to be competitive in the global market to avoid being outmaneuvered by more aggressive economies.