💨 Abstract

President Trump urged the European Union to speed up deregulation and increase competition during a video conference at the World Economic Forum in Davos. Business leaders at the event agreed, noting that Trump's regulatory rollbacks in the U.S. had added urgency to the EU's long-standing discussions on competitiveness. Executives expressed a desire for quick action, but noted slow progress in the EU's efforts to reduce red tape and increase innovation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖