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EDUCATES

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EDUCATES
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TRANSATLANTIC NEWS

Chapter News, News, Trade & TTIP Related

Eurostat | Euro Area International Trade in Goods Surplus €7.8 bn

Euro area The first estimates of euro area balance showed a €7.8 bn surplus in trade in goods with the rest of the world in March 2026, compared with +€34.1 bn in March 2025. The euro area exports of goods to the rest of the world in March 2026 were €265.3 billion, a decrease of 5.5% compared with March 2025 (€280.6 bn). Imports from the rest of the world stood at €257.4 bn, a rise of 4.4% compared with March 2025 (€246.5 bn). In March 2026, the euro...
Chapter News, News

IMF | Industrial Policy Is Adapting to Crises, but Remains Hard to Implement Effectively

Blog | As governments intervene more, evidence shows that the benefits are modest and depend on thoughtful design. Industrial policy, the use of government interventions to support or develop specific firms and industries, has grown more popular in recent years—especially in response to crises. The war in the Middle East is the latest example, with high energy prices and geopolitical upheaval prompting action. In addition to economy-wide support measures, such as fuel price caps and reduced excise duties, at least 305...
Chapter News, News

European Commission | Spring 2026 Economic Forecast: Slowdown in Growth as Energy Shock Drives Up Inflation

Executive summary Before the outbreak of the conflict in the Middle East, the global economy was gaining momentum. A challenging geopolitical environment and US tariff uncertainty continued to weigh on growth, but easing inflation and a robust investment cycle related to the unfolding AI revolution provided important support. The EU economy was likewise strengthening while inflationary pressures were further abating. Weak competitiveness was a source of concern and public finances required attention, but the economy also showed resilience, including a...
Chapter News, News

ECB | How the War in the Middle East is Reshaping Euro Area Firms’ Expectations

Blog | The economic shock caused by the war between the United States and Iran has quickly fed into euro area firms’ expectations. Daily responses to an ECB survey show an immediate increase in expected input costs, selling prices and short-term inflation. Firms' expectations for costs, prices and the broader macroeconomic environment are central to their decisions on wages, investment and employment. These decisions, in turn, determine how economic shocks are transmitted to the economy. When a major geopolitical event occurs,...
Chapter News, News, Trade & TTIP Related

World Bank | Trade and Development Chart: The Rise in Trade Policy Fragmentation

Blog | Data show that countries are increasingly applying different import tariffs to different trading partners for the same product. Click here to access the interactive chart Since the WTO was established in 1995, no new multilateral trade agreement has been reached on import tariffs. Instead, we see a rise in trade policy fragmentation. This is reflected in the chart, where the downward-sloping lines show that non-discriminatory, or Most Favored Nation, tariffs explain a declining share of tariff variation. In other words, countries...
Chapter News, News, Trade & TTIP Related

European Council | Suspension of Customs Tariffs on Certain Fertilisers for One Year

The Council decided today to suspend for one year customs tariffs on key nitrogen-based fertilisers used in agricultural production in the EU, including fertiliser inputs such as urea and ammonia. The measure aims to lower costs for EU farmers and fertiliser industry – saving them an estimated €60 million in import duties, according to the European Commission. It will also reduce the EU's dependency on Russia and Belarus for fertiliser products and help build a more diversified trading network in this area. "Today’s...

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

    The European VC Opportunity: What US Investors Need to Know

    Hosted by Wilson Sonsini | Europe is increasingly emerging as an attractive destination for international capital, driven by a maturing venture capital ecosystem, strong innovation pipelines, and evolving investment frameworks.

    Webinar | Don't Leave Value on the Table – Navigate Unsolicited Offers for Your Business

    Hosted by PKF O'Connor Davies | Join us for a live webinar designed for business owners, executives and their advisors who have received — or may receive — an unsolicited offer for their business. In today’s highly active M&A market, inbound interest from strategic buyers and private equity firms is more common than ever, but not all offers reflect the true value of your company or represent the best fit.

      MEMBER NEWS

      Member News, News, Trade & TTIP Related

      Tradewind Finance | Non-Recourse vs Recourse Factoring: What Exporters Need to Know

      Exporters selling internationally often face a difficult balance: offering competitive payment terms while protecting their business from non-payment risk. Factoring helps solve the cash flow challenge by advancing funds against unpaid invoices. However, exporters must choose between recourse factoring and non-recourse factoring. Understanding the difference is essential for managing financial risk in global trade. In a recourse factoring arrangement, the exporter remains responsible if the buyer fails to pay the invoice. Here is how it works: The exporter ships goods and issues an invoice. The factor advances...
      Member News, News

      Loyens & Loeff | Tax at the Heart of EU Policymaking – Simplification, Digital Taxation and Financing EU Ambitions

      While tax may not always sit at the forefront of public EU policymaking debates, developments over the past year point to a clear conclusion: 2026 is shaping up to be a pivotal year for EU tax policy, with implications that extend well beyond technical tax compliance. Ongoing discussions on simplification, the taxation of the digital economy and the financing of EU ambitions place taxation firmly at the intersection of policy design, competitiveness and fiscal stability. For companies operating across the...
      Member News, News

      Wilson Sonsini | Draft Guidelines Clarify Which AI Systems Are “High-Risk” Under EU AI Act

      The European Commission has published draft guidelines (Draft Guidelines) to clarify the classification of high-risk AI systems under the European Union's Artificial Intelligence Act (EU AI Act). This classification is crucial, as it determines whether an AI system will be subject to the EU AI Act’s most burdensome obligations. The Draft Guidelines provide general principles which inform if an AI system is high-risk, as well as a non-exhaustive list of examples of high-risk AI systems across various sectors. Organizations can provide...
      Member News, News, Trade & TTIP Related

      Jaguar Freight | Conspiracy, Crime and Containers

      In this week’s Roar: Trans-Pacific rates hold steady, Europe’s negotiation with Iran, truckload rates jump, US indicts four Chinese container makers, and building an ethical beauty supply chain. Data shows Trans-Pacific ocean freight rates have remained mostly flat lately, even as the industry moves into the traditional peak shipping season. While rates on major Asia–U.S. lanes are still up significantly since late February, much of the increase has been driven by capacity being limited by carriers and geopolitics as opposed to market demand....
      Member News, News

      PwC | OECD Attempts to Address Global Minimum Tax Compliance Concerns in Advance of Filing and Exchange Deadlines

      In brief What happened? On 18 May 2026 the OECD released a ‘common understanding’ of jurisdictions that implemented a QIIR and/or QDMTT for the 2024 reporting fiscal year, aiming to mitigate the impact of potential delays in the availability of fully operational GloBE Information Return (GIR) filing portals or exchange relationships for the Global Minimum Tax. Separately, the OECD/G20 Inclusive Framework on BEPS released agreed administrative guidance on the transitional UTPR safe harbour for certain 52/53-week fiscal year multinational enterprise (MNE)...
      Member News, News

      Troutman Pepper Locke | Investing in All of America Act Expands SBIC Leverage, Bonus Incentives, and Investor Base

      Key Points The Investing in All of America Act of 2025 (the Act) increases standard debenture Small Business Investment Company (SBIC) base leverage caps to $250 million per fund and $475 million per family of funds. The Act expands SBIC bonus leverage by allowing a dollar-for-dollar exclusion for a broader set of qualifying investments, including rural small businesses, critical technologies, small manufacturers, and low-income areas, up to the lesser of 50% of private capital or $125 million. The Act...

      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

      JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Focused on the provision of bespoke fund and corporate services, our multinational team of professionals supports a wide range of institutional clients, from private equity, real estate and sovereign wealth funds to privately owned and publicly listed multinational corporates. At JTC we pride ourselves on establishing long term commitments and our desire to build lasting business relationships. Our reputation is founded upon being accessible and responsive to the needs of our clients, through providing ongoing support and ensuring that we deliver within any specified deadlines..

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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