29 Aug
Member News

Thompson Hine | White House Releases Sweeping AI Action Plan

On July 23, the White House published “Winning the AI Race: America’s AI Action Plan,” a 28-page comprehensive federal strategy aimed at securing global leadership in artificial intelligence (AI). Developed in response to President Trump’s January 2025 executive order, “Removing Barriers to American Leadership in Artificial Intelligence,” the plan recommends policy actions across three pillars: accelerating AI innovation, building robust AI infrastructure, and leading in international AI diplomacy and security. The agenda emphasizes deregulation, open-source AI, workforce development, infrastructure modernization, and...

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29 Aug
Member News

IPTI Newsletter: September 2025

My lead item for this month’s newsletter comes from Australia. It is an article written by two leading academics - Peter Siminski, Professor of Economics at the University of Technology Sydney and Roger Wilkins, Professorial Fellow and Co-Director at the HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne. They have “bravely” ventured to suggest that the Australian family home should be taxed. Their article is titled “The government has asked for bold proposals....

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29 Aug
Chapter News

Financial Stability Board | FSB Annual Financial Report: 2024-25

This report contains the audited financial statements of the FSB for the 12-month period from 1 April 2024 to 31 March 2025. It also provides details on the FSB governance arrangements and its transparency and accountability mechanisms. A detailed explanation of the activities undertaken to implement the mandate and tasks of the FSB is provided in the FSB’s Annual Report, which is published separately. Overview The Financial Stability Board (FSB) coordinates, at the international level, the work of national financial authorities...

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29 Aug
Chapter News

European Commission | EU proposes tariff reductions to implement EU-US deal

Today, the European Commission is putting forward two proposals paving the way for the implementation of the EU-US Joint Statement of 21 August 2025. These proposals are the first steps in said implementation and ensure tariff relief by the US for the vital EU automotive sector starting retroactively from 1st of August. These steps contribute to restoring stability and predictability in EU-US trade and investment relations, to the benefit of business, workers and citizens on both sides of the Atlantic. The first act concerns...

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27 Aug
Chapter News, Trade & TTIP Related

ECB | Euro area benefits from easing services trade

By Nina Furbach and Iván Ordoñez Martínez Services are playing a growing role in global trade. The ECB Blog shows that this trend has been driven by a decline in non-tariff trade barriers. The euro area has benefited more than other regions and is highly competitive in the services sector. Technological progress is driving a new phase of globalisation. Global trade has long been dominated by manufacturing goods. Yet, over the past decade, services trade has grown significantly faster, as technology...

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27 Aug
Chapter News

European Commission | Investment in education across Europe is on the rise, boosting for EU competitiveness

A new report from the European Commission highlights a positive shift in education funding across Europe, offering a boost to the EU's competitive edge. Titled ‘Investing in Education 2025,' the report details multiple economic and social benefits and shows that public investment in education is recovering after the setbacks of the Covid-19 pandemic - though it has not yet reached the levels seen before the crisis. This uptick supports the goals of the Union of Skills strategy and suggests promising benefits for the...

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26 Aug
Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | USA Tariffs Update: Agreement Reached with EU – New Country-specific Tariffs Adopted

By Dr. Eckart Gottschalk, Dr. Kai Westerwelle, and Dr. Nicolas Wiegand, CMS At a meeting between US President Donald Trump and EU Commission President Ursula von der Leyen on 27 July 2025, the US and the EU agreed on the introduction of a uniform, top flat rate for US tariffs of 15 % on goods from the EU. • The 15 % cap applies to almost all EU exports that are currently subject to reciprocal tariffs. However, if a most-favoured nation (MFN) tariff rate...

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26 Aug
Member News

The Medical Link | Travel Medical Vs. Traditional Health Insurance For Moving To The USA

One of your first major considerations while moving to the US for work will be health insurance. Navigating the mostly privatized U.S. healthcare system without insurance might result in extremely costly medical expenses. Traditional Individual Health Insurance and Travel Medical Insurance are two popular choices for newcomers, however they have rather different functions. Making an informed choice for your wellbeing requires an understanding of the basic distinctions between these two. Travel Health Insurance: The Quick Fix Travel medical insurance is temporary...

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25 Aug
Chapter News

ECB | Beyond hysteresis: resilience in Europe’s labour market

Opening panel remarks by Christine Lagarde, President of the ECB, at the annual Economic Policy Symposium “The policy implications of labour market transition” organised by the Federal Reserve Bank of Kansas City in Jackson Hole Jackson Hole, 23 August 2025 Alexis de Tocqueville – one of the keenest observers of early American democracy – once wrote: “History is a gallery of pictures in which there are few originals and many copies.” In monetary policy, too, we often look to past cycles for...

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25 Aug
Member News

Citi | Tariffs Remain Front and Center

Key Takeaways • Citi Research expects global growth to slow to below 2% in the second half of the year before rebounding to nearly 3% in the first half of 2026. Upside and downside risks to this forecast are roughly balanced. • President Trump continues to aggressively implement tariffs. We judge that the effective tariff rate is likely to remain above 15%, the highest level in decades. • The cost of tariffs is being borne by three groups: foreign exporters, importing U.S....

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