03 Jun
Chapter News, News, Trade & TTIP Related

European Parliament | Trade Committee Approves Deal on EU-US Trade Agreement

On Tuesday, the International Trade Committee gave its green light to two pieces of legislation implementing EU tariff commitments under the August 2025 EU-US Joint Statement. MEPs on the International Trade Committee (INTA) approved the provisional agreement, reached on 2 May 2026 with the EU Council, implementing EU tariff commitments under the August 2025 EU-US Joint Statement. The two legislative acts were adopted by 31 votes in favour, 6 against, and with 3 abstentions (adjustment of customs duties and opening of tariff...

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03 Jun
Member News, News, Trade & TTIP Related

Troutman Pepper Locke | Government Plans to Appeal Universal IEEPA Tariff Refund Order

Key Points The DOJ has appealed Judge Richard K. Eaton’s universal refund order requiring CBP to return about $166 billion in IEEPA duties. The government’s three-category framework for IEEPA refunds distinguishes unliquidated entries, finally liquidated entries with CIT suits, and finally liquidated entries without suits, with the last category driving the appeal. Judge Eaton denied the government’s attempt to substitute lower-ranking officials for CBP Commissioner Rodney S. Scott, ordering Scott to testify despite the government’s “apex doctrine” arguments. The...

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03 Jun
Member News, News

Ogletree Deakins | New Executive Order Calls for Stricter Vetting by Financial Institutions

On May 19, 2026, President Donald Trump issued Executive Order No. 14406 (“Restoring Integrity to America’s Financial System”), which is likely to impact access to financial services for employees who are not U.S. citizens. Quick Hits On May 19, 2026, President Trump issued an executive order calling for stricter due diligence requirements when financial institutions vet customer applications. The executive order requires banks and financial services companies to treat customers’ immigration status as a factor in evaluating potential financial risk. ...

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03 Jun
Chapter News, News

OECD | Global Economic Outlook Weakens Amid Energy Shock and Rising Inflationary Pressures

Watch the live webcast of the press conference. The evolving conflict in the Middle East has become the dominant force shaping global economic prospects, prompting an energy shock that is driving inflationary pressures and is projected to have adverse impacts on growth, according to the OECD’s latest Economic Outlook. Due to the uncertainty around the evolution of the conflict, the Outlook sets out two scenarios: a time-limited disruption scenario, in which energy production and trade in the Gulf economies progressively return to pre-conflict...

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03 Jun
Member News, News, Trade & TTIP Related

CLA | The Business Impact of Trump’s Tariffs: What to Know Now

Key insights President Donald Trump's tariffs have reshaped U.S. trade policy and international trade dynamics, with significant impact on global supply chains. The Supreme Court now ruled that tariffs imposed under emergency powers are unconstitutional without congressional authorization – and a subsequent court order has set a process in motion for importers to pursue refunds on qualifying entities. Learn about the potential wide-ranging economic impact on key industries and how it could affect your business and operations. This is...

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02 Jun
Chapter News, News

ECB | Europe Needs to Act to Strengthen the Role of its Currency

Blog | The euro’s international use has grown in recent years, but largely by circumstance rather than by design. In a more contested global monetary system, Europe needs to act deliberately to strengthen the role of its currency – building on solid foundations, keeping pace with global shifts and matching policy ambition with concrete steps. The international monetary system is becoming more contested. Major economies that once trusted the system to work on its own are now actively shaping the...

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02 Jun
Chapter News, News, Trade & TTIP Related

IMF | Rethinking Free Trade

US policymakers are rebalancing economic efficiency with national security amid rising geopolitical risk.  When it comes to international trade, countries have always weighed economic efficiency against national security. After World War II, they pursued free international trade through low tariffs in the belief that it was both economically efficient and politically stabilizing. World trade tripled as a share of GDP between 1950 and its peak in 2008, with about half of this trade in intermediate goods, reflecting the importance of cross-border production relationships. Although...

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02 Jun
Member News, News

McHattie Law | Who Owns It? – AI Part I

Ownership, Authorship, Inventorship and Piano Rolls - The Intersection of Artificial Intelligence and Innovation So, lines and lines and lines of code are being created by AI, solving problem after problem, but who owns it? In fact, does anyone own what artificial intelligence is generating, creating, or inventing? The AI explosion has raised the rather urgent question of who (if anyone, or anything), legally, owns AI generated output. From recent statements of policy and case law emerging from the Courts, the USPTO...

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02 Jun
Member News, News

KeyBank | Business Email Compromise (BEC): A Highly Deceptive and Destructive Scam

The widespread reliance on email has made it a prime target for cybercriminals. Over the past few years, a form of cyberattack known as business email compromise (BEC) has escalated in frequency and impact, causing significant financial and reputational damage to victim companies.  What is business email compromise? BEC is an email-based fraud scheme that often unfolds over several weeks or months. Cybercriminals target businesses by infiltrating or mimicking employee email accounts to pose as a known contact or existing...

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01 Jun
Member News, News, Trade & TTIP Related

Noerr | New Trade Agreements with Mercosur and Mexico – Strategic Considerations for European Investors

The EU’s new agreements with Mercosur and Mexico open major opportunities for European investors. For foreign investment protection, investors, however, still have to rely on older international investment agreements and contract-based protection. Investors should be aware of investment risks and proactively protect their investments - through treaty planning, careful structuring and robust contracts. Mercosur and Mexico: Two Key Markets for European Investors Mercosur and Mexico are major markets for European investors that appear to be particularly interesting in times of global...

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