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TRANSATLANTIC NEWS

Chapter News, News

IMF | Global Economy Endures War Shock—So Far

Blog Kristalina Georgieva | An overall resilient world economy masks significant differences among countries and regions. Energy importers and countries with limited policy space are most vulnerable. More than three months into the war in the Middle East, the global economy appears to be holding up. Commodity prices, inflation and expectations for it, and financial conditions have all been impacted—but not yet in ways that signal a global slowdown. And we have seen strong economic momentum in the world’s biggest...
Chapter News, News

European Council | Global Gateway: Council Adopts Conclusions on the EU’s Global Investment and Partnership Strategy

The Council today adopted conclusions on Global Gateway, reaffirming it as the European Union’s worldwide investment strategy for building mutually beneficial partnerships and mobilising public and private resources to bridge the global investment gap. In a geopolitical environment marked by growing fragmentation, economic competition and pressure on democratic governance, the Council reiterates its commitment to advance Global Gateway as a core element of the EU’s external action. The strategy represents the EU’s positive and comprehensive offer to partner countries, combining development cooperation, trade and...
Chapter News, News

IMF | A Stronger Europe for Tougher Times

Keynote remarks by Kristalina Georgieva, IMF Managing Director, at the “One Europe, One Market Summit”, organized by the Jacques Delors Friends of Europe Foundation, Brussels The world economy—and Europe with it—is hit once more by a shock: this time, the events unfolding in the Middle East. Before Hormuz closed, Europe’s growth outlook was improving and we at the IMF were getting ready to upgrade our forecasts. Now, we see growth down and inflation up. But still, some credit where credit is due: it...
Chapter News, News, Trade & TTIP Related

European Council | Council Moves to Strengthen the EU’s Carbon Border Adjustment Mechanism

The Council today agreed its position on strengthening the carbon border adjustment mechanism (CBAM), the EU’s tool to fight carbon leakage and promote global decarbonisation, ahead of negotiations with the European Parliament. The new framework would extend the CBAM’s scope to new products and close loopholes that may be used to circumvent the system " The EU remains committed to reducing climate emissions both within the Union and globally. Strengthening the CBAM and closing loopholes that can circumvent our rules is...
Chapter News, News

World Bank | Middle East Conflict Sends Global Growth to Lowest Rate Since COVID-19

The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, and increased borrowing costs , according to the World Bank Group’s latest Global Economic Prospects report.  Global growth is forecast to slow to 2.5% in 2026, down from 2.9% in 2025. Forecasts for two-thirds of economies have been downgraded relative to January of this year.  Global growth is expected to improve to 2.8%...
Chapter News, News

ECB | A Tale of Two Energy Crises – Initial Conditions Matter

Blog | The current energy shock is significant and global, but it is also hitting a euro area economy that is more balanced than when Russia invaded Ukraine in early 2022. History and analysis show that context matters a lot for how shocks propagate to inflation. Energy prices have risen sharply since early 2026 when war broke out again in the Middle East and the Strait of Hormuz was closed. This big uptick in energy inflation has in turn driven...

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.

    PARTNER EVENTS

    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

      IPTI | Property Tax in the News – June 2026

      IPTI’s usual monthly newsletter – the “President’s Message” – contains, inter alia, some summarised news articles from around the world. This IPTI publication – “Property Tax in the News” – contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles – from North America, Europe and around the globe – can be found in...
      Member News, News

      EIB | EU Finance Ministers back EIB Group strategy for a stronger, more secure Europe in a more stable world

      Member States endorse EIB Group strategy to use its full potential and scale up investment and risk-taking, with a special focus on energy autonomy, technological leadership, security and defence, resilient infrastructure and strong global partnerships. EIB Group on track to meet 2026 target of 5% of total financing in EU for security and defence. EIB Group is delivering on its strategic roadmap, including record energy investment. The Board of Governors of the European Investment Bank (EIB), comprised of European Union...
      Member News, News, Trade & TTIP Related

      GDLSK | USTR Proposes Additional Duties; Sets Deadline for Comments in Section 301 Investigation Related to Forced Labour

      The United States Trade Representative (USTR) has published notice of its intent to impose additional duties on products from 60 countries, stemming from its investigation under Section 301 of the Trade Act of 1974 related to forced labor. (91 FR 34272). The USTR initiated the investigation under Section 301 on March 12, 2026, regarding the acts, policies, and practices of 60 countries related to the failure to impose and effectively enforce a prohibition on the importation of goods produced with...
      Member News, News

      Greenberg Traurig | White House Issues Executive Order Targeting Frontier AI Models

      On June 2, 2026, the White House issued an Executive Order that aims to strengthen U.S. cybersecurity infrastructure through AI-enabled defenses while maintaining the administration’s permissive regulatory environment for AI development. The Order imposes a series of short-term action items on federal agencies intended to improve the nation’s posture on cybersecurity and creates a voluntary framework for collaboration between the government and private AI developers. Covered Frontier Model Framework While the Order prohibits creating a mandatory licensing or preclearance requirement for AI models,...
      Member News, News

      Mason Hayes & Curran | Amended Climate Law and RED II – Implications for EU Energy Policy

      The EU has set a 2040 EU climate target of a 90% reduction in greenhouse gas emissions compared to 1990 levels. This new target requires the Commission to review other relevant EU legislation to achieve the target. Our Planning & Environment team discuss how, for example, RED II and the Energy Efficiency Directive will need to be amended. What you need to know The EU Climate Law sets a binding objective to achieve climate neutrality by 2050. To achieve this, it set...
      Member News, Trade & TTIP Related

      Barnes & Thornburg | Tariffs Update: The Roller Coaster Ride Continues

      Just as some U.S. importers began receiving refunds of duties paid under the International Economic Emergency Powers Act (IEEPA), the tariff refund landscape is shifting again due to a threatened appeal by the U.S. government. At the same time, the administration advanced action under other tariff laws that likely will result in new or expanded tariffs; reduced tariffs on some steel, aluminum and copper derivatives; and directed stricter enforcement of the customs laws. As Refunds Are Received, Complications Arise for...

      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

      Campana & Schott is a forward-thinking international management consultancy dedicated to enabling transformations across the Life Sciences industry. From Data Science and Digital to Personalized Medicine and Sustainability we enable our clients to drive value across the entire value chain. Combining American entrepreneurship with German precision, we deliver innovative, tailored solutions with a strong focus on quality, reliability, and measurable outcomes. We work closely with our clients as true partners, helping them navigate complex transformations and achieve lasting impact.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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