13 Jan
Member News, News

Loyens & Loeff | EU Tax Alert Highlights 2025

In the course of 2025, there have been several important developments in the field of EU tax law. This annual edition of the EU Tax Alert provides an overview of those developments in the areas of Direct Taxation, State Aid, VAT, Customs Duties, Excises and other Indirect Taxes. Highlights of this annual edition include the following developments: France’s Constitutional Court upholds French Digital Service Tax (DST) Belgian Constitutional Court refers case to the CJ on the compatibility of the UTPR...

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12 Jan
Member News, News, Trade & TTIP Related

Troutman Pepper Locke | White House Delays Planned Tariff Increases on Wood Products

On December 31, 2025, President Donald Trump issued a proclamation (the amendment), delaying the increase in tariffs for certain finished wood products until January 1, 2027. The amendment modifies Proclamation 10976, which imposed tariffs under Section 232 of the Trade Expansion Act on certain imports of timber, lumber, and derivative wood products (Section 232 wood tariffs). The original action established additional duties on softwood timber and lumber, upholstered wooden furniture, and kitchen cabinets and vanities, and it scheduled significant rate increases for...

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12 Jan
Member News, News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar: Risky Business in 2026

In this week’s Roar: Trans-Pacific Ocean rates are up, the challenges of moving inventory closer to customers, low U.S. manufacturing activity, the new EU Emissions Trading System rules, and building a data-driven supply chain. Trans-Pacific Ocean rates are trending up ahead of the Lunar New Year. The causes included shippers speeding up shipments ahead of the holiday and geopolitics still weighing on the global supply chain. For now, despite some improvements, Red Sea diversions remain an issue, forcing longer and costlier routes. Lingering...

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09 Jan
Chapter News, News, Trade & TTIP Related

European Council | EU-Mercosur: Council Greenlights Signature of the Comprehensive Partnership and Trade Agreement

The Council today adopted two decisions authorising the signature of the EU-Mercosur Partnership Agreement (EMPA) and of the Interim Trade Agreement (iTA) between the EU and Mercosur. Together, these agreements mark an important milestone in the EU’s long-standing relationship with Mercosur partners – Argentina, Brazil, Paraguay and Uruguay. Once in force, they will establish a framework for political dialogue, cooperation and trade relations within a modernised and comprehensive partnership. The agreements will require the consent of the European Parliament before they can be formally concluded by...

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09 Jan
Member News, News, Trade & TTIP Related

Wilson Sonsini | 2026 Year in Preview: Regulatory Consumer Protection Trends for Companies to Watch Out For

January 9, 2026 As we ring in the new year, we want to make you aware of key issues affecting consumers that we expect lawmakers and regulators to focus on over the next 12 months. Below are the top transatlantic consumer protection issues to watch out for in 2026: Regulators will actively enforce laws that apply to subscription services. The Federal Trade Commission (FTC) may propose a new Negative Option Rule, and detailed rules governing subscription services will come into...

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09 Jan
Member News, News, Trade & TTIP Related

Thompson Hine | Importers of Record Flood CIT with IEEPA Tariff Refund Complaints

Key Takeaways: Hundreds of new cases have been filed at the U.S. Court of International Trade (“CIT”) since the November 5, 2025 oral arguments at the U.S. Supreme Court (“SCOTUS”) in the appeal challenging the legality of the International Emergency Economic Powers Act (“IEEPA”) as the statutory authority to impose tariffs and seeking to preserve potential refund rights for IEEPA-based tariffs paid by the plaintiffs. On December 15, 2025, the CIT denied a motion for a preliminary injunction seeking...

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09 Jan
Chapter News, News

ECB | The Euro in a Changing World

Keynote Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the Danish Economic Society Conference Kolding, 9 January 2026 I am grateful to the Danish Economic Society for the invitation to participate in this conference. In line with the overall theme of the event, I will speak today about the implications of a changing world for the euro-denominated monetary system. In our 2025 assessment exercise that reviewed the monetary policy strategy of the ECB, the Governing Council...

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08 Jan
Chapter News, News

ECB | Bulgaria Introduces the Euro

1 January 2026 Euro banknotes and coins start circulating in Bulgaria Bulgarian National Bank joins Eurosystem Bulgaria becomes 21st euro area member Bulgarian National Bank now also full member of Single Supervisory Mechanism following period of close cooperation The euro officially entered into circulation in Bulgaria today, bringing the number of European Union (EU) Member States using the single European currency to 21. This follows on from the formal decision made in July, which also announced the official conversion rate of 1.95583...

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08 Jan
Chapter News

OECD | International Community Agrees Way Forward on Global Minimum Tax Package

The 147 countries and jurisdictions working together within the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have agreed on key elements of a package that charts a course forward for the co-ordinated operation of global minimum tax arrangements in the context of a digitalised and globalised economy. Following months of intense negotiations, the comprehensive package for a “side by side” arrangement announced today represents a significant political and technical agreement which will set the foundation for stability and certainty...

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08 Jan
Member News, Trade & TTIP Related

Barnes & Thornburg | New Year, Renewed Enforcement: Tariffs, Trade Compliance, and DOJ Actions to Watch in 2026

Highlights Department of Justice (DOJ) enforcement of tariff and customs compliance is accelerating. Recent criminal charges, corporate resolutions, and False Claims Act (FCA) settlements show coordinated civil and criminal scrutiny of tariff evasion, false country of origin claims, and transshipment practices. Financial and personal exposure is significant. Companies face large civil penalties and settlements, while executives and employees may be subject to individual criminal liability. Whistleblower driven cases continue to play a major role in enforcement. Strong compliance and...

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