European leaders are being warned that the continent risks falling behind the United States and China in the global economic race, according to an open letter. The letter highlights growing concerns over Europe’s ability to maintain its competitive edge in key industries such as technology and manufacturing. The warning comes as the Trump-Xi summit in Washington sets the stage for new trade agreements that could reshape global economic dynamics. European officials are under pressure to adapt quickly to avoid losing strategic advantages. The letter calls for urgent action to strengthen Europe’s position in emerging technologies and supply chains. The debate over economic leadership is intensifying as both the US and China push for greater influence in global markets. European companies are also facing challenges from Chinese manufacturers and American tech firms. The situation underscores the need for coordinated policy to ensure Europe remains a key player in the global economy.