European Commission President Ursula von der Leyen is planning to meet industry leaders on Feb. 26 in a bid to assure top local producers that the European Union will act to boost competitiveness during an ambitious green overhaul.

The European Union will be ready for tough negotiations with the United States to protect its own interests and will be pragmatic in trying to find solutions, EU Commission President Ursula von der Leyen said as Europe braces for potential new U.

Officials need to manage diplomatic negotiations in a more volatile geopolitical environment the Commission President said in reference to a possible trade war between the bloc and the U.S.