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TRANSATLANTIC NEWS

Chapter News, News

IMF | AI Can Lift Global Growth

Blog | AI can lift global growth but lasting productivity benefits depend on how fast we learn to measure, finance, and govern it. Artificial intelligence is the defining driver of global economic conversation—and, increasingly, of economic growth itself. In the United States, AI-related investment now accounts for a large share of GDP growth, fueling new demand for servers, data centers, software, and power infrastructure. Policymakers are scrambling to understand what this means: Is the world witnessing a short-lived investment bubble...
Chapter News, News, Trade & TTIP Related

European Commission | EU and Canada Launch Negotiations for a Digital Trade Agreement

Yesterday in Toronto, Commissioner for Trade and Economic Security, Maroš Šefčovič, and Canada's Minister for International Trade Maninder Sidhu launched negotiations for an EU-Canada Digital Trade Agreement (DTA). Building on nine years of successful implementation of the EU-Canada Comprehensive Economic and Trade Agreement (CETA), this new deal will upgrade EU-Canada trade by making it easier and safer for businesses to trade digitally across borders and providing stronger protections for consumers online. The launch of DTA negotiations reflects the mutual commitment to...
Chapter News, News

OECD | With Pressures Rising in Global Debt Markets, Maintaining Resilience Will Require Sound Public Finances, Strong Institutions and Policies that Support Growth and Innovation

Global debt markets remained resilient in 2025 amidst geopolitical tensions, trade disputes and risks for growth prospects, with governments and companies borrowing a record USD 27 trillion, according to a new OECD report. Sovereign bond issuance in OECD countries is projected to reach a record USD 18 trillion in 2026, up from USD 12 trillion in 2022. Outstanding debt is estimated to have risen from USD 55 trillion in 2024 to USD 61 trillion in 2025. Debt relative to GDP remained stable,...
Chapter News, News

ECB | Artificial Intelligence: Friend or Foe for Hiring in Europe Today?

Blog | Artificial intelligence is everywhere, and the workplace is no exception. But will it empower workers, or is it set to replace them? This blog post looks at the impact of AI use and investment on firms’ current and future hiring and firing decisions. Artificial intelligence (AI) has the potential to significantly influence firms’ production processes. It could also profoundly reshape employment and the labour market. But how exactly? On the one hand, AI could replace workers, leading to a...
Chapter News, News

European Commission | Questions and Answers on the Industrial Accelerator Act

What is the Industrial Accelerator Act and why is the Commission proposing it? The Industrial Accelerator Act (IAA) is a legislative proposal designed to strengthen Europe's industrial base by boosting manufacturing, growing businesses, and creating jobs in the EU. It delivers on the recommendations of the Draghi report on EU competitiveness, the political guidelines of the Commission, and the mission entrusted to the Executive Vice-President for Prosperity and Industrial Strategy. The IAA mobilises public procurement and public incentives to boost demand for low-carbon and European-made products...
Chapter News, News

IMF | Can Advanced Economies Avoid Debt Distress?

Countries must shift toward fiscal discipline and reforms that raise long-term growth. Many highly indebted advanced economies face a grim fiscal outlook. Under current policies, the public debt ratios of countries including Belgium, France, the United Kingdom, and the United States are set to deteriorate over the next two decades. They still have room to borrow, but there are limits. So far, financial markets have been forgiving. But recent tremors suggest that they may become more sensitive to negative news about...

UPCOMING EACC EVENTS

New Member Welcome Coffee

The European American Chamber of Commerce is a network that brings together Europeans and Americans to engage in an open dialogue. Over the years we have built a community of like-minded European and American business executives who work together to further develop transatlantic trade relations. Our members are an essential part of this work. We therefore invite our new members to meet the EACCNY leadership, staff, and fellow members to help them get a head start - making new connections, exploring potential business opportunities, and becoming acquainted with our network. We also encourage our existing members to join us in greeting our newest members and opening the door to future collaboration.

How AI is Driving the Future of Life Sciences Markets

Life sciences companies are using AI to speed up drug discovery, accelerate commercialization timelines, and improve back-office functions. The strong AI market in the U.S. has allowed for collaborations between AI-focused tech companies, life sciences companies, and universities. However, limitations around centralized data availability have made for challenges with deploying technology for clinical and commercial purposes. Europe has unique advantages due to many countries having centralized health data stores, collaborative networks, and strong public funding for research. As we have seen increased investment for companies utilizing AI to improve patient outcomes, life sciences companies who can unlock cross-border collaborations in the AI space may be able to tap into constrained capital markets.

    PARTNER EVENTS

    Building on Progress: Women in STEM

    Hosted by The Consulate General of Denmark in New York and Ramboll Americas | Gender equality in STEM remains a critical enabler of innovation, resilience, and sustainable growth. As STEM-driven sectors such as energy, infrastructure, and technology face increasing demand for skilled talent, encouraging broader participation and access is essential to addressing global challenges, from the green transition to long-term economic competitiveness.

    Webinar | Top Credits and Incentives You May Be Missing in 2026

    Hosted by CLA (CliftonLarsonAllen) | Are you leaving money on the table? Organizations in all industries are finding meaningful savings through federal, state, and local tax credits and incentives — yet some businesses don’t claim the benefits they qualify for. Join CLA for a practical complimentary webinar that breaks down where opportunities exist, and how to take advantage of them. You’ll leave with clarity on a wide range of credits and incentives involving research, development, energy, workforce, and expansion. We’ll explain how to use them to help drive growth and enhance cash flow.

      MEMBER NEWS

      Member News, News

      Panitch Schwarze | Demystifying Patent Eligibility Under 35 U.S.C. § 101 in the Age of Software and AI

      Patent eligibility under 35 U.S.C. § 101 continues to be one of the most challenging aspects of U.S. patent prosecution, particularly for software- and AI-driven inventions. While the legal framework has long been shaped by judicial exceptions and evolving case law, recent developments at the USPTO and the Patent Trial and Appeal Board (PTAB) suggest a meaningful shift in how eligibility is being evaluated. This article highlights key trends shaping § 101 analysis today and outlines practical considerations for innovators...
      Member News, News, Trade & TTIP Related

      Jaguar Freight | The Supply Chain Impact of War

      In this week’s Roar: The impact of the Iranian attacks, insurance guarantees for ships, rising energy costs in Europe, backlogs and reduced capacity for air cargo, and importers fighting to get tariff costs back. Like the geopolitics at play, the supply chain impacts of the current Middle East conflict are complex and widespread. With almost no notice, shippers began facing longer lead times, reduced supply availability, route instability, rising transportation and energy costs, and broader uncertainty. To minimize risk from the new disruptions,...
      Member News, News, Trade & TTIP Related

      Fox Rothschild | Court Orders $166 Billion in Tariff Refunds — Then Pauses Them — in 48 Hours

      Officials from U.S. Customs and Border Protection assured the court that an automated refund tool could be ready within 45 days. In what may be the single largest refund directive in the history of U.S. customs law, Judge Richard K. Eaton of the U.S. Court of International Trade on March 4 ordered U.S. Customs and Border Protection (CBP) to liquidate and reliquidate every entry subject to duties imposed under the International Emergency Economic Powers Act—"without regard to the IEEPA duties." In...
      Member News, News

      KeyBank | Middle Market Sentiment Report: Why Leaders Are Starting 2026 on the Front Foot

      Middle market firms (about 200,000 companies with $10 million to $1 billion in annual revenue) employ roughly 48 million people, account for one-third of U.S. GDP, and help set the pace for the U.S. economy. When they lean into growth, the effects are broad. KeyBank’s latest Middle Market Sentiment Survey polled 750 owners and senior executives in November and December 2025. The results point to a middle market entering 2026 on the front foot. Company outlooks are strong, driven by tighter...
      Member News, News, Trade & TTIP Related

      Barnes & Thornburg | IEEPA Tariff Refunds: CIT Orders Action, Questions Remain

      Highlights The Court of International Trade (CIT) has ordered U.S. Customs and Border Protection (CBP) to begin automatically refunding International Emergency Economic Powers Act (IEEPA) duties. The order applies broadly to all importers that paid IEEPA duties, but companies must confirm whether their entries are unliquidated, liquidated but not final, or fully final. Key uncertainty remains around what qualifies as “not final” liquidation and how this will impact refunds for importations made, particularly in early 2025. The ruling may...
      Member News, News

      FBT Gibbons | What Do Policy Changes at the USPTO Mean for Patent Prosecution in 2026?

      Patent practitioners have been curious as to whether any of the economic efficiencies announced and enacted by the federal government also have been implemented at the U.S. Patent and Trademark Office (USPTO). For instance, when the Department of Government Efficiency was actively trying to find ways to cut government waste, how many, if any, changes were earmarked for the USPTO? It should be stated up front that the USPTO is funded by user fees and is considered one of the...

      Latest & Leading

      HSBC hosts a “Meet your Future Self” for Baruch Students at their Office

      Soraiya Esmail, the Regional Head, Global Network Banking, HSBC and a EACCNY Board Member hosted a “Meet your future self” event with Students from the Baruch College, Weissman Center for International Business. Students had the opportunity to meet executives from Soraiya’s team and learned how they navigated their careers and what it takes to be a successful international banker.

      Member Spotlight

       

      CILC is a New York-based platform of US and EU attorneys. Its attorneys are dual-licensed and practice under U.S. (federal and state) and EU law, providing clients with substantive transatlantic legal counsel and representation delivered from a single firm. Founded by attorneys with backgrounds at Freshfields, the European Commission, and the New York State Attorney General’s office, CILC specializes in antitrust and regulatory compliance, intellectual property, and digital economy matters for clients in the technology, media, entertainment, and sports industries. By combining dual-jurisdiction expertise with AI-augmented workflows, CILC provides integrated legal services typically only available through the networks and offices of large international firms — delivered under one roof, with the responsiveness and efficiency of a specialized boutique.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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