Member News, News, Trade & Tariffs

CLA | IC‑DISCs: Explore the Benefits for Privately Held Manufacturers Who Export

For privately held manufacturers who export, IC‑DISCs are one of the rare tax strategies that are long‑standing and stable. Privately held manufacturers often compete globally while managing a far different set of pressures than large public or private‑equity–backed companies. One way to create a business advantage is tax strategies increasing cash flow and reducing owner-level taxes. One such tax strategy relevant to export‑oriented manufacturers is the Interest Charge - Domestic International Sales Corporation (IC‑DISC), which can generate current-year, permanent tax savings...

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Member News, News

Trepp | Data Center Sector’s Growth Comes with Challenges

The data-center sector's rapid growth is colliding with mounting challenges around power, community opposition, concentration, and underwriting risk. Those were among the key takeaways at last week's Trepp Connect conference hosted by Trepp Inc. in Midtown Manhattan's Rockefeller Center. It's hard to believe that a sector with a 1% vacancy rate and a global inventory that is expected to nearly double in the next five years could be facing so many uncertainties, but they seem to continue to mount. Those uncertainties...

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Chapter News, News

European Council | AI: Council and Parliament Agree to Simplify and Streamline Rules

The Council presidency and European Parliament negotiators reached a provisional agreement on a proposal to streamline certain rules regarding artificial intelligence (AI). The proposal forms part of the so-called 'Omnibus VII' legislative package in the EU’s simplification agenda. The package includes proposals for two regulations aiming to simplify the EU’s digital legislative framework and the implementation of harmonised rules on AI. "Today’s agreement on the AI act significantly supports our companies by reducing recurring administrative costs. It ensures legal certainty and a smoother and more...

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Member News, News, Trade & TTIP Related

Jaguar Freight | Capacity Crunch

In this week’s Roar: Tariffs back in the news, the April Logistics Manager’s Index, China’s declining air export volumes, tariff refunds on the way, and the cost of AI. A federal trade court (CIT) has ruled that President Trump’s 10% global tariffs were unlawful because they exceeded the authority granted under Section 122 of the Trade Act of 1974. This follows the earlier decision against Trump’s tariffs imposed under emergency powers laws. While the administration is expected to appeal, the ruling currently blocks...

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Member News, News, Trade & TTIP Related

FBT Gibbons | U.S. Court of International Trade Rules Section 122 Tariffs Unlawful: What Importers Need to Know

On May 7, 2026, a divided three-judge panel of the U.S. Court of International Trade (CIT) held that the Trump administration’s temporary 10% global tariffs imposed under Section 122 of the Trade Act of 1974 are “invalid” and “unauthorized by law,” as applied to the plaintiffs before the court (the State of Washington and two private companies). The panel enjoined collection of the Section 122 duties from the plaintiffs but did not extend relief nationwide, meaning other importers may...

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Chapter News, News

OECD | Biotech Start-Ups in Europe: Why Does the EU Lag Behind Competitors and What Can Policymakers do About it?

With the EU Biotech Act marking a major push to strengthen Europe’s biotechnology sector, new OECD research offers a timely check on where the bloc stands. The evidence shows that Europe still lags competitors in biotech start-up creation, patenting and venture capital funding. This blog unpacks the gap and explores how agile regulation and smarter financing tools can help EU policymakers build a more competitive biotechnology start-up ecosystem. Biotechnology has the potential to drive economic growth and high-value job creation,...

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Member News, News, Trade & TTIP Related

Thompson Hine | CIT Panel Strikes Down Trump Administration’s Section 122 Tariffs

In a 2-1 decision, a three-judge U.S. Court of International Trade (CIT) panel struck down May 7, 2025, the Trump administration’s implementation of Section 122 tariffs (see Thompson Hine Update of February 23, 2026). The 10% tariff on a wide range of imported goods, the panel reasoned, extended beyond President Trump’s power to address any “balance-of-payments” deficit, as provided under the statute. The judges, however, declined to block the Section 122 tariff nationwide, limiting their decision to imported goods of certain plaintiffs appearing...

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Member News, News

Bannockburn Capital Markets | US Jobs on Tap after Court Ruled Against Section 122 Tariffs and Conflict in the Middle East

After recovering in the North American afternoon for the second consecutive session yesterday, the dollar has been sold again in Asia and Europe today. The market has mostly shrugged off news of new hostilities in the Middle East. As is often the case, the ceasefire has been frayed but appears to remain intact. Ostensibly, it runs until May 17. Late yesterday, a federal trade court issued a narrow ruling on 2-1 vote to grant a request by a group of...

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News, TRIA News

EIB | EU and Partners Sign the Global Green Bond Initiative Fund to Mobilise up to €20 Billion in Investments for Sustainable Infrastructure

The European Union, including the European Investment Bank (EIB), and partner development finance institutions have signed the Global Green Bond Initiative (GGBI) Fund, a new public-private investment tool to mobilise up to €20 billion of private capital for sustainable infrastructure projects in low- and middle-income countries. The GGBI Fund is one of the three pillars of the Global Green Bond Initiative, a flagship of the EU's Global Gateway strategy. It aims to unlock up to €3 billion in green bonds in partner countries...

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Member News, News

Wilson Sonsini | North Korea-Linked Schemes to Obtain Employment in U.S. Tech Companies: What You Need to Know and How to Respond

During the past few years, operatives associated with the Democratic People’s Republic of Korea (North Korea or the DPRK) have reportedly infiltrated hundreds of U.S. companies by fraudulently posing as legitimate remote IT workers. The perpetrators, together with accomplices across multiple jurisdictions (including inside the U.S.), funnel wages back to North Korea in violation of economic sanctions, and in many cases steal company data, source code, and trade secrets. In a smaller subset of cases, after being discovered and...

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