06 Apr
Member News, News, Trade & TTIP Related

Jaguar Freight | Reimbursement Day

In this week’s Roar: Tariff refunds are beginning, global fuel is climbing, China and the Panama Canal, the seafarers stranded in the Middle East, and a surge in global air cargo demand. As a quick trade update, note that announcements were made last week impacting some metals and pharmaceutical tariffs. Click to read the Metals Fact Sheet and the Executive Order pertaining to Pharmaceuticals. It’s no longer a matter of if… only when. Finally, the CBP says it will begin refunding tariffs collected under the International Emergency...

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06 Apr
Chapter News, News, Trade & TTIP Related

IMF | Global Imbalance: Old Questions, New Answers?

Blog | Widening global current account imbalances are best addressed by simultaneous domestic policy adjustments. Industrial policy and tariffs offer a costly fix with unreliable effects on imbalances. Global current account imbalances are widening again, reversing a decade of steady decline following the global financial crisis. History suggests a clear risk: widening imbalances have often been accompanied by concentrated and lower-quality growth, triggered sectoral dislocations across trading partners, and preceded financial crises or abrupt reversals of capital flows. With the...

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02 Apr
Chapter News, News

ECB | How Banks Are Adjusting to Declining Reserves

As the Eurosystem normalises its balance sheet, central bank reserves – banks’ most liquid asset – keep declining. This post examines how banks adapt to lower levels of reserves and explains why take-up in the Eurosystem’s standard refinancing operations (SROs) is expected to increase.   Central bank reserves have almost halved from a peak of €4.9 trillion in 2022 to €2.6 trillion in early 2026 (Chart 1a). While still abundant, they are unevenly spread across banks. This implies that, as the Eurosystem...

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02 Apr
Member News, News

Ogletree Deakins | DOL Proposed Rule Would Increase Wage Levels for H-1B Visas, PERM Labor Certifications

On March 26, 2026, the U.S. Department of Labor (DOL) issued a notice of proposed rulemaking (NPRM) that proposes significant changes related to how prevailing wages are calculated for employers seeking to hire foreign workers under H-1B, H-1B1, and E-3 visa statuses, as well as permanent labor certification under PERM for EB-2 and EB-3 employment-based immigrant visa programs. Quick Hits The DOL issued an NPRM that would require significantly higher wages for foreign workers using H-1B, H-1B, and E-3 visas,...

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02 Apr
Member News, News, Trade & TTIP Related

PwC | WTO’s 14th Ministerial Conference: Longstanding Moratorium on Customs Duty on Electronic Transmissions Expires

In brief What happened? Despite extensive negotiations at the World Trade Organization’s (WTO) 14th Ministerial Conference (MC14) held in Cameroon between 26-30 March 2026, Members failed to reach agreement on extending the moratorium on customs duties on electronic transmissions. The moratorium has now expired, as of 30 March 2026. The moratorium had been in place since 1998, preventing WTO Members from imposing customs duties on digitally delivered products such as software, audiovisual content, and other electronic transmissions. In parallel, 66 WTO...

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02 Apr
Member News, News

A&L Goodbody | Scaling Up for Net Zero: What the EU’s Net Zero Industry Act Means for Business

This article outlines the Net Zero Industry Act’s scope, key regulatory and procurement measures, and what businesses should keep in mind as they prepare. In this article, we outline the scope of the Net Zero Industry Act, highlight its key regulatory and procurement measures, and explain what businesses should consider as they plan for its impact. The European Union (EU) continues to accelerate its transition to a climate neutral economy, with the Net Zero Industry Act (NZIA) considered a central legislative component of this initiative. Emerging...

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01 Apr
Chapter News, News

European Commission | Questions and Answers on the EU ETS Market Stability Reserve

What is the Commission proposing to change in the EU ETS Market Stability Reserve? The Commission is proposing to stop the automatic invalidation of ETS allowances held in the Market Stability Reserve (MSR) above 400 million. Instead of being cancelled, these allowances will be retained in the reserve. This strengthens the MSR's role as a buffer, improving its ability to respond to future market developments, including situations of supply tightness or excessive price volatility, while preserving the system's rules-based design. Why is the Commission...

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01 Apr
Member News, News, Trade & TTIP Related

CLA | IEEPA Tariff Refunds: FAQs for Importers

Key insights IEEPA tariffs have been ruled unlawful and collections have stopped, but the broader tariff environment remains fluid as replacement tariffs and new trade actions emerge. Refunds are expected, but they won’t be automatic — importers must take affirmative steps in CBP’s ACE system (including electronic refund setup) to receive payment. Companies should plan for related interest, accounting/tax impacts, and potential downstream or transfer‑pricing analysis. Tariffs have been a major cost — and headache — for importers since they were...

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01 Apr
Member News, News

Stephenson Harwood | Data and Cyber Update – March 2026

Welcome to the latest edition of the Stephenson Harwood Data and Cyber Update, covering the key developments in data protection and cyber security law in March 2026. In data regulation news, the UK government publishes its long-awaited Copyright and Artificial Intelligence report and impact assessment, and the European Data Protection Board and European Data Protection Supervisor issue a joint Opinion on the European Biotech Act proposal. In cybersecurity news, the European Commission publishes draft guidance on the Cyber Resilience Act, Companies...

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01 Apr
Member News, News, Trade & TTIP Related

Jaguar Freight | The Outlook: Headlines for Q2 2026

The Iran Conflict, Tariff Uncertainty, and Geopolitics Continue to Impact Supply Chains All Over – When Will It End? Global Ports The Headlines: The ongoing conflict with Iran and its impact on shipping through the Strait of Hormuz and the Red Sea are an obvious challenge for the region. And the disruptions have quickly spread globally, up and down supply chains, creating immediate delays at Asian ports (particularly China and India). Getting less attention is the tension over control of ports outside...

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