09 Dec
Member News, Trade & TTIP Related

Fox Rothschild | Importers Are Racing to Preserve Tariff Refund Rights

As we await a Supreme Court ruling on the validity of the tariffs, the Court of International Trade is seeing a wave of protective lawsuits. A growing number of companies — following the lead of Costco — are filing protective lawsuits in the U.S. Court of International Trade (CIT) to preserve their right to refunds if the Supreme Court strikes down the Trump administration's emergency-based tariffs. If your company paid tariffs International Emergency Economic Powers Act (IEEPA) in 2025, you should...

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09 Dec
Chapter News, News, Trade & TTIP Related

European Commission | Remarks by Commissioner Várhelyi on the Reinforcement of Controls on Products Imported into the EU

Remarks by  Olivér Várhelyi, Commissioner for Health and Animal Welfare of the European Commission at the conclusion of an Implementation Dialogue on import controls with stakeholders.   Thank you, thank you very much. And thank you very much for showing interest. As you know, food safety is central to my mandate as European Commissioner for Health and Animal Welfare. We have a very extensive and robust body of legislation in this area to safeguard animal health and welfare, but also when it comes to plant...

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09 Dec
Chapter News, News

ECB | A Digital Euro for the Digital Age

by Piero Cipollone and Valdis Dombrovskis. The ECB plans to prepare for the potential issuance of the digital euro by 2029, assuming the European co-legislators adopt the necessary regulation by 2026. Preparatory steps, including pilot exercises and initial transactions, could begin as early as mid-2027. From barter to coins to banknotes to cards, the payment systems Europeans have relied on have never stopped evolving. Throughout history, innovations have made these systems increasingly sophisticated, efficient and convenient. Today, technology is transforming our...

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09 Dec
Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar: Change & Disruption: The New Constants

In this week’s Roar: Asia’s changing manufacturing economy, U.S. production contraction, the effect of unpredictable trade policies, a potential two-tier market for container shipping, and more hackers are targeting global supply chains. Signs of who will be the winners and losers from the trade wars are emerging. Asia’s key manufacturing economies were sluggish in November, with PMIs showing contraction in China, Japan, South Korea, and Taiwan, despite what appears to be meaningful progress in U.S. trade negotiations. But it’s not all bad news,...

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21 Nov
Member News

Barnes and Thornburg | In Search of: IEEPA Tariff Refunds

Highlights • The U.S. Supreme Court is expected to rule on the legality of the International Emergency Economic Powers Act (IEEPA) tariff actions in late 2025 or early 2026. • Importers should begin to prepare for potential tariff refunds by tracking protest filing deadlines and by filing timely protests with U.S. Customs and Border Protection (CBP). • The courts could also establish a special IEEPA refund process that may require certain filings or complaints in court. As the U.S. Supreme Court reviews the...

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21 Nov
Chapter News

IMF | World Economic Outlook: Global Economy in Flux, Prospects Remain Dim

Executive Summary The rules of the global economy are in flux. Details of newly introduced policy measures are slowly coming into focus, and growth prospects are shifting along with them. After the United States introduced higher tariffs starting in February, subsequent deals and resets have tempered some extremes. But uncertainty about the stability and trajectory of the global economy remains acute. Meanwhile, substantial cuts to international development aid and new restrictions on immigration have been rolled out in some advanced...

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21 Nov
Chapter News

ECB | From resilience to strength: unleashing Europe’s domestic market

Speech by Christine Lagarde, President of the ECB, at the 35th Frankfurt European Banking Congress Frankfurt am Main, 21 November 2025 I would like to start with a quote: “The world around us does not stand still. In recent years, the global environment has been transformed in ways that none of us could have imagined. We have seen the post-war global order fracturing, the rise of new – and some old – powers, rapid changes in technology, and an uncertain outlook for...

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21 Nov
Member News

Vulcan View: The latest EU developments 17 November – 21 November

Commission unveils digital package revamping data and AI rules On Wednesday (19 November), the European Commission presented a major digital simplification package designed to foster innovation while maintaining high standards. The proposal intends to cut administrative costs by up to €5 billion by 2029 and introduce new European Business Wallets, which could generate an additional €150 billion in yearly savings. Overall, the package seeks to make it much easier for European companies to scale and remain leaders in technology by streamlining rules...

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20 Nov
Chapter News

European Commission | EU awards over €600 million to alternative fuel projects to boost zero-emission mobility

70 projects are receiving over €600 million in EU grants to electrify and decarbonise road, maritime, inland waterway and air transport along the trans-European transport network (TEN-T). These projects will deploy alternative fuels supply infrastructure such as electric recharging stations, hydrogen refuelling stations, electricity supply and ammonia and methanol bunkering facilities across 24 EU countries. Europe’s transport network will be electrified through the installation of more than 1 000 electric recharging points for light-duty vehicles with a capacity of 150 kW. 2...

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20 Nov
Chapter News

World Bank Group Appoints Paschal Donohoe as Managing Director and Chief Knowledge Officer

WASHINGTON, Nov. 18, 2025 – The World Bank Group today announced the appointment of Paschal Donohoe as Managing Director and Chief Knowledge Officer. Donohoe has served as Ireland's Minister for Finance since January 2025, and as President of the Eurogroup of finance ministers since July 2020. His extensive experience spans both the public and private sectors, including nearly a decade at Procter & Gamble. “Paschal brings more than twenty years of public service, and knows firsthand how good policies can unleash...

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