11 Sep
Member News, Trade & TTIP Related

PwC | President Trump signs order modifying reciprocal tariffs and outlines path for trade deals

What happened?  President Trump issued an Executive Order and Fact Sheet on September 5 modifying the scope of the reciprocal tariffs first announced on April 2, 2025 via Executive Order 14257, and establishing a framework for implementing trade and security agreements with US partners. The Executive Order revises Annex II of Executive Order 14257, which had carved out certain categories of goods from reciprocal tariff coverage. Under the new changes, bullion-related articles, certain critical minerals, and additional pharmaceutical products subject to pending Section 232 investigations...

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09 Sep
Chapter News

European Commission | 2025 Strategic Foresight Report sets out ‘Resilience 2.0′ to guide Europe’s long-term choices

The European Commission's 2025 Strategic Foresight Report presents ‘Resilience 2.0', a forward-looking and proactive approach to ensuring the EU thrives in turbulent times, anticipates new challenges and creates a safe space for citizens and business. The report recognises various megatrends: climate and environmental transitions are accelerating, security concerns are rising, and global competition is reshaping economies and societies. At the same time, Europe faces questions on its strategic autonomy, competitiveness, social cohesion and the protection of democracy and fundamental values. The scale and...

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09 Sep
Member News

EIB | Multilateral development banks hit record $137 billion in climate finance to drive sustainable development worldwide

• New report shows climate finance by multilateral development banks rose 10% in 2024 compared with previous year. • MDBs’ climate finance for low- and middle-income economies increased 14% to more than $85 billion. • Mobilised private finance for climate investments worldwide jumped 33% in 2024. Global climate finance by multilateral development banks (MDBs) increased 10% last year, reaching a record $137 billion, with the majority directed to low- and middle-income economies. MDBs including the European Investment Bank (EIB) announced the year-on-year...

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09 Sep
Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | EU-U.S. trade deal: one joint state­ment, two legislative pro­posals and many open questions

By Bärbel Sachs, Tobias Zuber, Caroline Glöckle, Yuliya Zhmuro, and Theresa Bachmann, Noerr A. Introduction Almost a month after U.S. President Donald Trump and EU Commission President Ursula von der Leyen reached a high-level political agreement aimed at resetting the transatlantic trade relationship and preventing sweeping U.S. import tariffs from coming into force, the EU Commission and the U.S. published a Joint Statement on a United States – European Union framework on an agreement on reciprocal fair and balanced trade (“Joint Statement”) on...

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09 Sep
Chapter News

OECD | Educational attainment at an all-time high but barriers to access and low completion rates must be addressed, says OECD

Educational attainment is at an all-time high, with around half (48%) of young adults in OECD countries now completing tertiary education, up from just 27% in 2000. These graduates tend to enjoy higher earnings, more stable employment and better health, according to a new OECD report. Education at a Glance 2025 provides comparable national statistics measuring the state of education worldwide. It shows that, despite overall growth in tertiary attainment, family background continues to strongly influence who pursues higher education. Just...

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09 Sep
Chapter News

NY Fed | Short-Term Inflation Expectations Tick Up, Job Finding Expectations Reach Series Low

NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the August 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations ticked up at the short-term horizon and remained unchanged at the medium- and longer-term horizons. Unemployment and job loss expectations worsened. Job finding expectations declined to a series low. Spending and household income growth expectations remained broadly unchanged. The survey was fielded from August 1 through August 31, 2025. The main findings from...

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08 Sep
Chapter News

European Commission | From Promise to Progress: State of the Union 2025

Last year, almost 200 million Europeans cast their ballots to elect their representatives in the European Parliament. It was the moment of Europe’s choice. Turnout was the highest it had been in 20 years. This is proof that Europeans care about our Union and expect it to deliver on the challenges ahead. And this is the mission that the new Commission has taken on  – to deliver on our citizens’ expectations and aspirations.  The world around us is more conflictual and competitive than it has...

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08 Sep
Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – The Peak Season Confidence Report, a growing China-EU bond, China’s new overland route, Mexico’s plans to impose new tariffs, and opportunities still exist in air cargo.

According to a 2025 Peak Season Confidence Report, 84% of industry leaders believe their supply chain systems are ready for peak demand, representing a significant improvement over last year. Additionally, fewer leaders anticipate tough conditions for the remainder of the year. This likely indicates investments in technology integration and workforce strategies, such as cross-training and early seasonal hiring, are working. Supplier diversification is now a core strategy for many, with companies focusing on data interoperability and real-time visibility rather than...

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05 Sep
Member News

Vulcan View: The latest EU developments 1 September – 5 September

EU-US tariff deal faces tough opposition in the European Parliament On 28 August, the European Commission officially tabled a new legislative proposal to eliminate tariffs on a range of industrial goods from the United States. The move, stemming from the EU-U.S. tariff deal and the Joint Statement of 21 August, seeks to de-escalate trade tensions between the two major economic blocs. However, the proposal faces a significant hurdle as it enters the EU’s legislative process, with opposition mounting from key political...

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05 Sep
Member News

Wilson Sonsini | EU Court Upholds the Validity of the EU-U.S. Data Privacy Framework

On September 3, 2025, the EU General Court (the General Court) (the second-highest court in the European Union (EU)) upheld the validity of EU-U.S. Data Privacy Framework (DPF) in Philippe Latombe v European Commission (T-553/23). This decision is good news for companies transferring personal data to the U.S. as it offers welcome certainty for U.S. companies self-certified to the DPF, allowing them to continue receiving EU personal data without relying on alternative data transfer mechanisms, such as Standard Contractual Clauses...

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