11 Sep
Member News, News, Trade & TTIP Related

Troutman Pepper Locke | From Duties to Import Bans: President Trump Escalates Section 338 Actions Against Canadian Goods

Key Points President Trump signed five proclamations on September 8, 2026, under Section 338 of the Tariff Act of 1930, imposing outright import bans on specified Canadian alcoholic beverages, dairy products, and motorcycles effective September 29, 2026. Section 338(b) authorizes the president to exclude articles from importation when a foreign country has “maintained or increased” discrimination against U.S. commerce following an initial Section 338(a) proclamation. The Canadian Tariff Modification Proclamations, effective September 15, 2026, reverse the original non-stacking policy,...

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11 Sep
Member News, News, Trade & TTIP Related

Jaguar Freight | Your Importer of Record Number Could Be Voided Starting September 18

IMPORTANT NOTICE: Beginning September 18, 2026, U.S. Customs and Border Protection will start voiding importer of record numbers when the data on file in CBP Form 5106 is inaccurate or incomplete. You cannot use a voided number on any entry, and CBP can stop merchandise at the port with no advance notice. This follows Executive Order 14411, signed in June 2026 to strengthen customs enforcement. Earlier this year, CBP deactivated roughly 4.8 million inactive importer accounts. The Form 5106 review...

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10 Sep
Member News, News

TecEx | When the Perfect Data Center Site Isn’t the Perfect Site

The race to build the infrastructure required for artificial intelligence is accelerating. Billions are being committed to data centers, power infrastructure and the compute required to train and run increasingly sophisticated AI models. At the same time, communities are questioning, opposing and, in some cases, attempting to stop the data centers being proposed in their towns and cities. That presents an uncomfortable contradiction. We are demanding more AI, more compute and more digital services, while some of the communities being asked...

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10 Sep
Member News, News

Manay CPA | The 2026 Year-End Tax Planning Guide for U.S. Small Businesses

Most year-end tax guides are organized by strategy. You get a list of twenty moves and you work out which ones apply to you, which is backwards, because roughly fifteen of them will not. This one is organized by entity. Find the section that describes how your business is taxed, and everything in it is something you can actually use. The rest you can skip. One thing worth saying before the details: 2026 is not a normal planning year. Several provisions...

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10 Sep
Member News, News

Trepp | August 2026 Rates and Spreads: Tight Spreads Amid Treasure Volatility

With commercial real estate (CRE) loans continuing to reach final maturities and some facing more difficult refinancing conditions, movements in rates and spreads remain important for the near-term financing outlook. In August, Treasury yields ended only modestly higher despite substantial volatility, while Trepp-i balance sheet lending spreads remained tight. Trepp-i is a weekly spread survey that offers insights into capital availability and underwriting trends across the major property types, with data going back to 2010.  Commercial mortgage-backed securities (CMBS) secondary...

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09 Sep
Chapter News, News

European Commission | The EU’s Plan to Grow Innovation in Europe

Europe has plenty of world-class research, talent and creativity. However, too often ideas originating in Europe are turned into economic success by others, elsewhere. This is because European innovators face barriers here and find it difficult to bring their ideas to life. As a result, the Commission proposed a new European innovation act to help Europe's most innovative ideas be developed, financed and scaled up in Europe. To strengthen the EU innovation system, the proposal will address two main challenges....

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09 Sep
Member News, News

TABS | Stricter U.S. Immigration Enforcement: Managing Immigration, Tax and Employment Risks

For international companies expanding to the U.S., real regulatory challenges begin the moment team members step onto U.S. soil to conduct business, or they hire locally. While historically the focus has been on market entry and customer acquisition, a shift in operational priorities may be needed ensure the mitigation of immigration, tax and employment liabilities. Although core U.S. immigration statutes remain unchanged, federal and state enforcement has intensified significantly. In this strict regulatory environment, an employee’s daily activities must align...

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08 Sep
Chapter News, News

IMF | A World Seeking Balance

Surpluses and deficits reflect deeper choices about saving and investment across interconnected economies. More than 80 years ago, John Maynard Keynes centered his work on the persistence of global imbalances. The great economist tried to resolve what he described as the “secular international problem” at the Bretton Woods conference in 1944 through an international clearinghouse. But the conference’s final agreement included only a weaker set of remedies. Concern about imbalances has waxed and waned in the decades since, but has returned to the forefront...

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08 Sep
Member News, News

PwC | Trump Proposes Tariffs on Generic Pharmaceuticals — What Companies Should Know

What happened? President Trump on July 21 announced via social media a proposed tariff framework for imported generic pharmaceuticals to encourage domestic manufacturing. Under the announced framework, imported generic drugs would remain subject to no additional tariffs for a two-year transition period starting August 1, 2026. The tariff rate would then increase to 100% beginning August 1, 2028, and increase again to 200% beginning August 1, 2029. The announcement states that the existing policy applicable to patented, branded, and innovative...

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04 Sep
Financing for Development/UN SDG's, News

World Bank | EUR 3 Billion 10-Year Sustainable Development Bond Attracts Exceptional Global Demand

WASHINGTON, D.C., August 25, 2026 –The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a 10-year euro-denominated benchmark bond maturing in September 2036, raising EUR 3 billion. The transaction attracted over 115 orders totaling over EUR 6 billion, appealing to investors around the globe. The bond priced with an annual yield of 3.477%. This equates to a spread vs. the reference Bund of +25.5 basis points. Credit Agricole, Citi, J.P. Morgan and Goldman Sachs are the lead managers...

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