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EDUCATES

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EDUCATES
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TRANSATLANTIC NEWS

Chapter News, News, Trade & TTIP Related

OECD | Steel Excess Capacity Continues to Weigh on Global Markets, with Subsidies Increasingly Undermining Fair Competition

Global steel excess capacity continues to grow, driven by increasing subsidies in some major non-OECD steel-producing economies, while efforts to restore fair competition are increasingly undermined by circumvention of trade measures aimed at levelling the playing field, according to a new OECD report. The OECD Steel Outlook 2026 projects global steel excess capacity to reach 745 million tonnes by 2028, exceeding the OECD’s current steel production by 319 million tonnes. Planned capacity additions of up to 139 million tonnes through 2028 represent...
Chapter News, News, Trade & TTIP Related

EU Council | Steel Overcapacity: Council Greenlights New Rules to Protect the EU Steel Market From Global Overcapacity

The Council today adopted a regulation establishing a new framework to protect the EU steel market from the negative trade-related effects of global overcapacity, as outlined in the Steel and Metals Action Plan of 2025. The new rules will replace the current EU steel safeguard measure, which expires on 30 June 2026, ensuring continued protection for the EU steel sector. " Steel is indispensable to Europe's industrial base, its green transition and its security. With today's adoption, the EU is putting...
Chapter News, News

ECB | Strengthening operational resilience for the age of AI

Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Goldman Sachs European Financials Conference 2026 Thank you for inviting me to speak today. Europe is facing a set of unprecedented challenges. The geopolitical environment is becoming increasingly fragmented. Europe remains overly dependent on external providers for energy, technology, security and key financial infrastructures such as payment systems and capital markets. Reducing these dependencies is no longer a...
Chapter News, News, Trade & TTIP Related

IMF |Trade Cooperation in an Age of Geopolitics

Geopolitical rivalry does not end the need for trade cooperation, but the multilateral system must adapt. For decades, the global economy rested on the premise that international trade was beneficial despite geopolitical differences. The rules of the multilateral trading system, established with the General Agreement on Tariffs and Trade (GATT) in 1947 and embedded in the World Trade Organization (WTO) in 1995, were crafted for a world where governments rarely used trade to achieve geopolitical goals. That world is now...
Chapter News, News, Trade & TTIP Related

The White House | Fact Sheet: President Donald J. Trump Updates Tariffs on Steel, Aluminum, and Copper Imports

BOLSTERING DOMESTIC MANUFACTURING OF STRATEGIC METALS: Today, President Donald J. Trump signed a Proclamation adjusting certain metals tariffs to more effectively address national security threats, spur investment in American agriculture, housing, and manufacturing, and facilitate U.S. production of related products.   The Proclamation adjusts the tariffs on agricultural equipment, like combines and harvesters, as well as certain other equipment, from 25% to 15%. The Proclamation also expands the existing category of industrial equipment subject to a 15% tariff to include mobile...
Chapter News, News, Trade & TTIP Related

European Parliament | Trade Committee Approves Deal on EU-US Trade Agreement

On Tuesday, the International Trade Committee gave its green light to two pieces of legislation implementing EU tariff commitments under the August 2025 EU-US Joint Statement. MEPs on the International Trade Committee (INTA) approved the provisional agreement, reached on 2 May 2026 with the EU Council, implementing EU tariff commitments under the August 2025 EU-US Joint Statement. The two legislative acts were adopted by 31 votes in favour, 6 against, and with 3 abstentions (adjustment of customs duties and opening of tariff...

UPCOMING EACC EVENTS

Pan-European Tax Updates 2026 - Staying Ahead in Europe’s Fast-Moving Tax Landscape

Against the backdrop of the OECD’s recent Side‑by‑Side Package and ongoing implementation challenges around Pillar Two, U.S. multinationals with European operations are reassessing their tax positions, compliance obligations, and long‑term structuring choices. At the same time, Europe’s digital taxation debate is far from settled, with several countries maintaining or revisiting digital services taxes (DSTs) and the United States signaling potential responses. Layered on top of this are significant EU‑level legislative shifts - including the status of key directives and the potential repeal of ATAD2 provisions targeting holding companies with insufficient substance - as well as national‑level reforms across major jurisdictions in Europe.

PRIVATE MEETING | “Café & Korvapuusti” - Open Dialogue About the State of Affairs in Transatlantic Trade

Amid shifting global trade policies - and in a moment when the U.S. administration is reshaping the direction of economic and regulatory priorities - New York’s trade community faces a renewed need to coordinate, and stay ahead of change. In this environment, it is important to come together, compare notes, and exchange insights with colleagues who are navigating similar pressures and challenges. To support this need, EACCNY has launched the Trade Commissioners’ Roundtable, a dedicated forum for New York based Trade & Investment Officers to connect with counterparts from across the EU and North America.

    PARTNER EVENTS

    Webinar | Focus on Scaling Your Business: Attract and Retain Talent

    Hosted by The Medical Link | Expanding into the U.S. market comes with exciting opportunities — but also challenges when it comes to hiring, Human Resources, Payroll, and Employee Benefits. We’re hosting a webinar on June 9 focused on how international companies like yours can streamline their U.S. operations while attracting and retaining top talent.

    Webinar | The Buy/Sell Advantage | A Solution for Complex Global Transactions

    Hosted by TecEx | Global transactions involving multiple currencies pose significant challenges for both importers and exporters. Join TecEx for a practical discussion on how Buy/Sell transactions can help bridge the gap between global sellers and local buyers. We’ll unpack how the solution enables End Users to procure locally, pay in local currency, and reduce transaction risk in complex jurisdictions.

      MEMBER NEWS

      Member News, News

      Wilson Sonsini | European Commission Publishes Proposal for Act to Reduce Reliance on Foreign Cloud and AI

      On June 3, 2026, the European Commission (EC) released its first draft of a proposed Cloud and AI Development Act (Proposal or CADA), marking a significant step forward in the EU’s efforts to strengthen its digital infrastructure and reduce strategic dependence on non-EU cloud providers. Through the Proposal, the EC aims to strengthen EU cloud, AI, and computing capabilities, and introduces criteria to help public-sector bodies assess whether third-party cloud services are sufficiently protected from foreign control. The Proposal lays the groundwork for a...
      Member News, News

      Trepp | Industrial Sector Sees Record Leasing Activity in Q1

      The national industrial sector recorded 249.8 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of leasing, according to CBRE. But absorption, or the leasing of previously vacant space, totaled just 43.2 million sf in the first quarter, well below total leasing volume, suggesting that much of the leasing activity came from tenants renewing leases or moving between buildings rather than expanding their footprints. At...
      Member News, News, Trade & TTIP Related

      Troutman Pepper Locke | New Sheriff at the Port: President Trump’s Executive Order Rewrites the Rules on Customs Enforcement

      Key Points President Donald Trump’s “Strengthening Customs Enforcement” executive order directs CBP to overhaul customs enforcement, raising IOR eligibility thresholds and bond requirements for all entries. The executive order draws a bright line between “U.S. IORs” and “foreign IORs,” imposing stricter eligibility, bonding, and informal entry restrictions on foreign IORs and tying benefits to CTPAT validation. CBP must implement a “good standing” regime and overhaul the IOR registry within 180 days, using compliance history and customs liability payment records...
      Member News, News, Trade & TTIP Related

      Greenberg Traurig | US Trade Update: IEEPA Refund Litigation; Section 232 Modifications; New Section 301 Actions on Forced Labor, Vietnam, and Brazil; Customs Enforcement

      The Trump administration has recently made several trade policy and tariff litigation announcements affecting companies importing goods into the United States and downstream buyers: (1) the Department of Justice appealed the Court of International Trade (CIT)’s “universal” IEEPA refund order and submitted a filing to the CIT announcing that only unliquidated entries and entries within 90 days post-liquidation would be processed for refunds through the Consolidated Administration and Processing of Entries (CAPE) system; (2) the U.S. Trade Representative (USTR)...
      Member News, News

      McCann Fitzgerald | EU Inc. – A Game‑Changer for European Founders?

      “EU Inc. by its very name speaks the language of investors…” (EU Commissioner Michael McGrath, 18 March 2026). The European Commission announced its welcome proposal for EU Inc, the centrepiece of its wider plans for a ‘28th regime’, which looks to be a game-changer for European founders, entrepreneurs and investors.  The proposal envisages a new (optional) type of corporate vehicle which would benefit from a swift incorporation process, streamlined administration and a ‘digital by default’ set of rules. At a glance: Key benefits Underpinned by key principles such as ‘once...
      Member News, News, Trade & TTIP Related

      Fox Rothschild | US Trade Representative Proposes Tariffs on All 60 Economies in Forced Labor Import Ban Investigations

      Key Points USTR has proposed additional Section 301 tariffs of 10 – 12.5% on imports from all 60 economies under investigation for failing to impose and/or enforce forced labor import bans, affecting nearly all U.S. import trade by value. Companies with global supply chains should immediately model the cost impact of these proposed tariffs across their sourcing footprint and evaluate whether their products may qualify for limited exemptions, including those for Section 232 goods, certain raw materials, and products posing economy-wide...

      Latest & Leading

      Celebrating Memorial Day

      The EACC New York Executive Director, joined our President and Chair of the American Battle Monuments Foundation, James Rosener, for a beautiful Memorial Day ceremony in Battery Park to commemorate the American and allied soldiers who fought for our freedom in WWII. The celebration was attended by representatives of the Allied Forces and every branch of the US Military that was involved in the battle of the Atlantic that turned the tide in WWII.

       

       

      Member Spotlight

      Osborne Clarke is full-service international law firm providing a comprehensive and pragmatic global legal solution for US businesses. Established in Silicon Valley in 2000, Osborne Clarke was one of the first European law firms with a permanent US presence. Today, their US-based team across New York and the Bay Area helps US businesses navigate international growth with practical, in-time-zone support. Osborne Clarke’s team does not practice US law and instead focuses on overseas legal issues – giving clients direct access to deep European and international expertise. The firm has 25 international locations spanning across Europe, Asia and the US, with over 1,640 lawyers and 330 partners experienced in working with a variety of companies in global markets. Osborne Clarke’s cross-border capabilities include Transactions, Regulatory, Disputes, Global Compliance, Data & Technology, International Expansion, International Employment & HR, Global Contracts, IP & Patent Support, Real Estate, Finance & Banking, and Global Tax. In addition, sector expertise includes Tech, Media & Telecoms, Energy Transition, Life Sciences & Healthcare, Financial Services, Retail & Consumer, Mobility, Infrastructure, and The Built Environment.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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