Chapter News, Trade & TTIP Related

UNCTAD | Global Trade Continues to Expand Amid Rising Price Pressures

This edition of the Global Trade Update examines the strong but increasingly uneven expansion of international trade in the first half of 2026. Global goods trade is estimated to have reached approximately US$13.7 trillion in the first half of 2026, up 12.5 % from the same period in 2025. Services trade grew by 10.5 %. Together, goods and services added around US$2 trillion to global trade, putting it on course for a record annual value. Higher prices inflate trade growth A significant...

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Member News, Trade & TTIP Related

Jaguar Freight | Trade Update: What You Need to Know About the New Section 301 Tariffs

Jaguar Freight would like to share additional information regarding the new Section 301 tariff announcement by the U.S. As you're likely aware, as of July 24, most imports from 60 countries got more expensive. Here is a breakdown. The impacted HTS numbers are listed in the just-published Federal Register Notice. Check it against your entries now. Duty paid at the wrong rate is recoverable, but only if you catch it, and refund timelines run in months, not days. Compliments of Jaguar Freight -...

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Chapter News, News

European Commission | Speech by Commissioner Kubilius at “EU Defense Night”

Good evening, It's always great to be back in America and to be here among friends: friends of Europe, friends of defence. Friends of football. The World Cup is over. And tonight we have the next big event in America: EU Defence Night! It's humbling to speak to you from the same stage as many world leaders: Konrad Adenauer, Henry Kissinger and George H. W. Bush. And Margaret Thatcher, Vaclav Havel. When Bill Clinton spoke here, he spoke here for more than an...

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Member News, News

PKF O’Connor Davies | The 2026 FIFA World Cup: Final Whistle. Lingering U.S. Tax Issues

Key Takeaways U.S. tax exemptions for FIFA prize money apply to national associations, but players, coaches, agents and foreign businesses remain subject to U.S. tax and withholding rules. Compensation allocation for matches, training, media and promotional activities affects U.S.-source income, state tax obligations and treaty benefits, making accurate service-day tracking essential. Post-tournament tax compliance includes reviewing withholding, claiming foreign tax credits, filing Form 1040-NR and state tax returns and addressing cross-border tax obligations and refund opportunities. After weeks of competition...

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Financing for Development/UN SDG's, News

OECD | The Latest 2026 ODA Projections Reveal Aid for Health is Further at Risk

Net official development assistance (ODA) by member countries of the Development Assistance Committee (DAC) is projected to fall again by 6.9% in 2026, driven by cuts by major donors. The health sector is seeing the deepest cuts, falling to its lowest levels in almost two decades. As the world grapples with more frequent and widespread health crises, this decrease in aid for health threatens to have broad implications for the world at large. Bilateral ODA for health is projected to decline again,...

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Chapter News, News

European Commission | Google Fined €890 Million for Breaches of the Digital Markets Act

The European Commission took two decisions finding non-compliance by Google with the Digital Markets Act (DMA) for self-preferencing its own services on Google Search, and for putting in place restrictions on businesses to direct consumers to alternative, often cheaper, purchase channels on Google Play (steering). In this regard, the Commission issued Google a fine of €460 million and a fine of €430 million respectively.   Self-preferencing on Google Search Under the DMA, gatekeepers must not treat their own services more favourably in...

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New York Related News, News

Ashurst Perkins Coie | New York’s Financial Regulator Turns its Attention to Agentic Commerce

As AI agents move from answering questions to executing purchases and arranging financing on their own—sometimes with limited real-time human oversight—the question of who is responsible when something goes wrong has started to draw regulatory attention. Speaking at the New York Federal Reserve's Innovation Conference on June 26, New York Department of Financial Services (the Department) acting Superintendent Kaitlin Asrow signaled that her agency is watching the rise of agentic commerce closely and is working through how its long-standing...

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Member News, News, Trade & TTIP Related

Gunnercooke | 60 economies, 1 night’s notice

How USTR’s forced labor Section 301 tariffs impact entry filers If you went home Thursday evening with a clean entry-summary queue, you came back Friday to a different tariff schedule. Overview On Friday, July 24, 2026, the U.S. Trade Representative’s final action took effect for 60 parallel investigations under Section 301 of the Trade Act of 1974. The theory of the case was unusual, as USTR targeted the failure of each trading partner to impose and effectively enforce its own ban...

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Member News, New York Related News, News

Cresa | Manhattan Office Market Report: Leasing Activity and Rent Trends for Q2 2026

HIGHLIGHTS » Availability continued to tighten, falling 50 basis points (bps) quarterover-quarter to a six-year low of 15.0%. » Leasing activity totaled 10.8 million square feet (msf) in Q2 2026, down 6.8% from the prior quarter. Despite the quarterly decline, first-half transaction volume reached its highest level since 2014. » Legal services led Q2 leasing activity, accounting for 29.8% of total volume. » Simpson Thacher’s commitment to the full office component at 570 Fifth Avenue, following American Express’s 2.0-million-square-foot commitment at 2 World...

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Member News, News, Trade & TTIP Related

Jaguar Freight | Just When You Thought Things Might Get Better

In this week’s Roar: Many new tariffs, a glimmer of stability for global ocean routes, a drop in air cargo volumes, oil prices on the rise again, and how industry leaders can avoid common AI pitfalls. U.S. tariff actions are spiking again. Friday, as Section 122 tariffs expired, new duties of up to 12.5% were slapped on 60 trading partners that account for 99% of U.S. imports. The new Section 301 tariffs are justified as part of policy related to a U.S. forced...

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