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TRANSATLANTIC NEWS

Chapter News, News

IMF | Rethinking Central Bank Communications in an Uncertain World

Blog | In a world of frequent shocks, central bank communications should anchor expectations by explaining how policy responds to changing conditions, rather than committing to a fixed path. In a world of frequent and faster-moving shocks, where uncertainty is high and markets react instantly, central banks face a fundamental communications challenge: how to help the public understand monetary policy objectives while explaining how policy may evolve as economic conditions change. In this regard, explaining the policy framework, the reaction...
Chapter News, News

European Council | Listening to Europe, Building its Future – Op-Ed Article by President Costa

Once I was elected President of the European Council, I decided to visit each member state every year, to meet bilaterally with each European leader. These exchanges are first and foremost an opportunity to listen: to remain closely attuned to the concerns, priorities and expectations of the members of the European Council, and of the citizens they represent. They also allow me to share my perspective on the challenges and opportunities ahead for our union. These visits take place...
Chapter News, News

OECD | GDP Growth in OECD Area Picks up Slightly in the Second Quarter of 2026

GDP (Gross Domestic Product) growth in the OECD area increased slightly to 0.5% in Q2 2026, up from 0.4% in the previous quarter, according to provisional estimates (Figure 1). This reflected a mixed picture across the 30 OECD countries for which data were available. In Q2 2026, 27 countries recorded growth, but at varying rates, while 3 saw no change in GDP. GDP growth in the G7 slowed to 0.3% in Q2 2026, down from 0.4% in Q1, reflecting slower...
Chapter News, News, Trade & TTIP Related

Eurostat | Euro Area International Trade in Goods Surplus €8.6 bn

€3.9 bn surplus for EU Euro area The first estimates of euro area balance showed a €8.6 bn surplus in trade in goods with the rest of the world in June 2026, compared with + €4.8 bn in June 2025. The euro area exports of goods to the rest of the world in June 2026 were €272.5 billion, an increase of 14.4% compared with June 2025 (€238.2 bn). Imports from the rest of the world stood at €264.0 bn, a rise of 13.1% compared with June 2025...
Chapter News, News

ECB | The AI Boom: Rational Enthusiasm or the Next Dot-Com Bubble?

Blog | The rise of AI has driven a blistering rally in the tech sector, bringing stock market valuations to levels last seen during the dot-com bubble. Although AI is reshaping the economy, do today’s high valuations bear the risk of an abrupt and painful setback in the euro area? Valuations on the US stock market, as measured by the CAPE ratio, are currently close to their historical peak. Euro area equity valuations have also risen, albeit to a lesser extent...
Chapter News, News

IMF | The Cost of Geoeconomic Coercion

Governments have good reasons to use tariffs or sanctions for geopolitical purposes but should consider the trade-offs. Governments worldwide increasingly are using economic policies, such as export bans, financial sanctions, and trade tariffs, to achieve noneconomic goals. The benefits of these geoeconomic policies can be significant, accomplishing a geopolitical purpose without threatening, or using, military force—and without the high human and economic costs of war. Perhaps the world should welcome this. Yet coercive policies can be costly for nations that impose...

UPCOMING EACC EVENTS

WEBINAR | Transatlantic Careers – Global Opportunities for Young Professionals

Hosted by EACC Florida | International careers are no longer the sole domain of seasoned executives or expatriates. As the global business environment has increasingly been shaped by technology innovations, cross-cultural collaboration, entrepreneurship, and international mobility, opportunities exist today for young professionals to meaningfully contribute to international trade and cross-border business operations have increased substantially.

    PARTNER EVENTS

    WEBINAR | The EU Data Act - One Year On

    Hosted by Wilson Sonsini | On September 12, 2025, the EU Data Act introduced new obligations for companies that manufacture connected products, provide related services, offer cloud or SaaS services in the EU, or participate in EU data-sharing arrangements.

      MEMBER NEWS

      Member News, News, Trade & TTIP Related

      Thompson Hine | United States Implements 50% Tariffs on Canada; Canada Responds with Matching Retaliatory Tariffs

      On August 21, 2026, trade negotiations between the United States and Canada faltered and the parties, for now, have ceased further negotiations. As a result, the United States has implemented 50% tariffs on a broad range of Canadian products under Section 338 of the Tariff Act of 1930. First announced on July 20, 2026 (see SmarTrade update of July 21, 2026), when President Donald Trump signed three Presidential Proclamations imposing these additional, implementation of these tariffs was delayed until August 22,...
      Member News, News

      CILC | U.S. Company Cannot Rely on U.S. Attorney-Client Privilege Rules in the EU

      For EU antitrust investigations, a U.S. company cannot rely on U.S. attorney-client privilege to prevent the Commission from demanding U.S.-located documents, particularly communications with in-house counsel. The context is an EU antitrust investigation into Broadcom/VMware’s licensing practices (VMware virtualization-software licensing practices following Broadcom’s 2023 acquisition of VMware, including moving customers from perpetual licenses to subscriptions, bundling VMware products, significant price increase, contractual terms that could increase customer lock-in, restrict interoperability, or make it harder for customers to switch). What happened The...
      Member News, News, Trade & TTIP Related

      Jaguar Freight | Rate Check

      In this week’s Roar: Global trade remains robust, the U.S.-Asia trade war, diesel prices are up and so are global air freight rates, and how far global CEOs will go to mitigate risk. So far this year, global trade has remained surprisingly robust, especially from China. But shipping lines and ports still face challenges as empty containers pile up in the U.S. and Europe. The East-West trade imbalance is worsening, driving port congestion that hinders efficiency and burdens carriers with zero-revenue...
      Member News, News

      Bannockburn | US-Canada Trade War Escalates, while US Seek to Choke the Iranian Economy

      The US dollar is trading higher against nearly all the currencies. Equity markets are mixed and bond yields are lower alongside oil prices. There are two major developments.  First, the US and Canada trade talks broke down, and the risk is further escalation. Last week, President Trump has granted Canada a three-day grace period from the 50% tariffs on $20 bln of Canadian goods, even those that were protected by the USMCA saying a deal was struck. Canadian Prime Minister...
      Member News, News, Trade & TTIP Related

      Troutman Pepper Locke | Three-Day Suspension of Section 338 Additional Duties on Canadian Imports

      Key Points: President Trump suspended additional ad valorem duties of up to 50% on certain Canadian imports under Section 338 of the Tariff Act of 1930 for three days, shifting the effective date from August 19 to August 22, 2026, covering the alcoholic beverages, dairy, and motor vehicles sectors.  Companies with Canadian supply chain exposure in the Covered Sectors should monitor developments closely, as ongoing negotiations may result in further presidential action — including an extension, permanent revocation, or imposition of...
      Member News, News

      CMS | The European Health Data Space: Are Your Collaboration Agreements Future Proof?

      The European Union has laid the foundations for a new system for health data. After years of political wrangling, the European Health Data Space (“EHDS”) Regulation has now entered into force. This creates a framework to improve access to electronic health data and facilitate its use for research, innovation and regulatory purposes across the EU. For life sciences companies, universities, NHS partners, CROs and technology transfer offices, this is not simply a regulatory change. It has the potential to change...

      Latest & Leading

      New Micropodcast Series: What’s Happening Across the Atlantic

      The EACCNY is happy to announce the launch of its “What’s Happening Across the Atlantic” series, an initiative that aims to offer our members and wider audience hands-on updates on current affairs and policy developments on both sides of the pond. In these 3-5 minute segments, EU and US policy makers and experts along with a select group of EACCNY members will answer a single timely question: What’s Happening Across the Atlantic” focusing on a specific topic that is relevant to our audience.

      Member Spotlight

      Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East and recently celebrated its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and among the Top 20 on the 2016 Am Law Global 100.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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