24 Feb
Member News, News

Troutman Pepper Locke | CFIUS 2.0? Request for Information Provides Unique Opportunity to Comment on the Foreign Investor Review Process

On February 6, the U.S. Department of the Treasury (Treasury) issued a request for information (RFI) seeking public comment on a proposed Known Investor Program and how it could streamline the Committee on Foreign Investment in the United States (CFIUS) review process. The RFI does not itself change the current legal, regulatory, or policy landscape. Instead, Treasury is soliciting input from investors, U.S. businesses, and other stakeholders to inform potential reforms, while preserving CFIUS’s rigorous national security review. This RFI creates a...

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24 Feb
Chapter News, News

European Council | Council Signs off Simplification of Sustainability Reporting and Due Diligence Requirements to Boost EU Competitiveness

With a view to boosting EU competitiveness, the Council gave today its final green light to a simplification of the sustainability reporting and due diligence requirements for companies. This legislation simplifies the directives on corporate sustainability reporting (CSRD) and corporate sustainability due diligence (CS3D) by reducing the reporting burden and limiting the trickle-down effect of obligations on smaller companies. The Omnibus I simplification package reduces complexity and unnecessary barriers, cuts red tape, enhances efficiency and introduces more flexibility for companies that remain subject to its...

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24 Feb
News, TRIA News

World Bank | Updated Ukraine Recovery and Reconstruction Needs Assessment Released

Findings highlight the expanding footprint of destruction and the increasing complexity in restoring systems essential for economic recovery and social well‑being KYIV, Ukraine, February 23, 2026—Four years into Russia’s invasion of Ukraine, an updated joint Rapid Damage and Needs Assessment (RDNA5) released today by the Government of Ukraine, the World Bank Group, the European Commission, and the United Nations currently estimates that as of 31 December 2025, the total cost of reconstruction and recovery in Ukraine is almost $588 billion (over €500 billion) over the next...

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24 Feb
Member News, News, Trade & TTIP Related

Jaguar Freight | Switchover from IEEPA to Section 122 Tariffs

Notice: Switchover from IEEPA to Section 122 Tariffs in Effect As of 12:01 AM EST February 24, U.S. IEEPA Tariffs have been replaced with a new 10% Section 122 Tariff. This is the result of the U.S. Supreme Court striking down the long-debated IEEPA Tariffs last week, deeming them unlawful, and President Trump using his authority to replace them with the temporary (150-day) Section 122 tariff announced this past weekend. Be aware, an “on the water” exception may exist for goods...

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24 Feb
News, TRIA News

EIB | EIB Global Invests More than €3 Billion in Africa in 2025

  EIB Global invested €3.1 billion in Africa for 2025, backing impactful projects aligned with national priorities and the EU Global Gateway initiative. These new investments aim to boost sustainable development, foster stability and create jobs through win-win partnerships. 46% of activity dedicated to climate action and environmental sustainability. The European Investment Bank (EIB) Group deployed more than €9 billion through EIB Global, its arm for international partnerships and development finance, in 2025. Of this figure, Africa received €3.1 billion – a third...

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24 Feb
Member News, News

KeyBank | FX Daily Report – February 24, 2026

The U.S. dollar strengthened against a basket of its peers by about 0.2% Tuesday morning as traders seek clarity on new tariff measures. A slew of Federal Reserve officials are slated to speak today, followed by February’s consumer confidence survey due at 10am. The dollar has lost about 0.5% year-to-date.   The British pound weakened slightly against the dollar on Tuesday following modest gains in the prior two trading sessions, as traders awaited comments from Bank of England Governor...

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23 Feb
Member News, News, Trade & TTIP Related

Fox Rothschild | With the Tariffs Struck Down, Now the Refund Fight Begins

Key Points Importers who paid IEEPA duties in 2025–2026 have legal a basis for refunds but must take affirmative steps to recover. Only the IEEPA additional ad valorem duty component is refundable — not MFN, Section 232, or Section 301 duties. Refund rights belong to the importer of record; downstream buyers must recover through contract or assignment. Importers can join existing protective refund litigation in the U.S. Court of International Trade. The Merits Are Decided — Refunds Are Not The U.S....

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23 Feb
Member News, News, Trade & TTIP Related

Thompson Hine | President Trump Implements Temporary Import Duties under Section 122 of the Trade Act of 1974 and Continues the Suspension of Duty-Free De Minimis Exception for International Shipments

On February 20, 2026, President Donald Trump issued a proclamation announcing that he was imposing a temporary import surcharge (i.e., tariff) pursuant to section 122 of the Trade Act of 1974 (19 U.S.C. Section 2132) to address “fundamental international payments problems” that “could impair United States national interests, including economic and national security interests.” Stating that an import surcharge in the form of ad valorem duties is required to deal with large and serious U.S. balance-of-payments deficits, President Trump announced that a temporary surcharge of...

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23 Feb
Chapter News, News, Trade & TTIP Related

The White House | Fact Sheet: President Donald J. Trump Imposes a Temporary Import Duty to Address Fundamental International Payment Problems

  PROTECTING THE U.S. ECONOMY AND NATIONAL INTERESTS: Today, President Donald J. Trump signed a Proclamation imposing a temporary import duty to address fundamental international payments problems and continue the Administration’s work to rebalance our trade relationships to benefit American workers, farmers, and manufacturers. President Trump is invoking his authority under section 122 of the Trade Act of 1974, which empowers the President to address certain fundamental international payment problems through surcharges and other special import restrictions. By taking this action,...

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23 Feb
Chapter News, News, Trade & TTIP Related

European Parliament | EU–US Trade Legislation: Legislative Work on Hold Following US Supreme Court Ruling

Bernd Lange, chair of Parliament’s International Trade Committee and standing rapporteur for the US, issued the following statement. Following a meeting of the committee’s shadow rapporteurs (i.e. political group representatives), Bernd Lange (S&D, DE) said: “The ruling by the Supreme Court of the United States of 20 February 2026 on the use of the International Emergency Economic Powers Act (IEEPA) is clear and unequivocal. Its implications cannot be ignored, and business as usual is not an option. A key instrument used on the US...

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