Member News, Trade & TTIP Related

GDLSK | Administration Issues List of Steel and Aluminum “Derivative” Products Subject to 25% Additional Tariff, Impacting Numerous Downstream Products

By Erik Smithweiss and Sarah Raymond On February 14, 2025, the Trump administration released the list of “derivative” products that will be subject to the 25% steel and aluminum tariffs under Section 232. The notices are scheduled to be published in the Federal Register notice on Tuesday, February 18, 2025. The specific HTS subheadings are available here (steel) and here (aluminum). The steel and aluminum derivative tariffs will impact a broad range of downstream products, including the following: – Nearly all of...

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Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar: The Trouble with Tarriffs

In this week’s Roar: Expediting imports, declining freight rates, the off-again on-again de minimis exemption, Mexico’s tariffs plans, and the costs of changing trade policies. Heightened concerns over increased US-China trade tensions (even compared to just a few weeks ago) are prompting shippers to further frontload their imports. They’re hoping to mitigate some of the impact of anticipated tariffs. This could mean that the usual seasonal lull in container volumes after the Lunar New Year are diminished and that Trans-Pacific...

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Member News

Vulcan Consulting | The First Work Programme of the von der Leyen II Commission: a Rocky Start?

On Wednesday (12 February), the European Commission unveiled its long-awaited 2025 Work Programme, setting its political and legislative priorities for the year ahead. The programme places simplification at its core, aiming to make EU rules more effective, reduce bureaucracy, and boost competitiveness—key in a context of economic, industrial, and geopolitical challenges. The 2025 Work Programme follows an implementation and simplification agenda, which aims to reduce administrative burdens -including the different Omnibus packages. It places a strong focus on industrial decarbonisation and simplifying regulations for...

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Member News

Troutman Pepper Locke | Copyright Office Advises on Copyrightability of Generative AI Works

On January 29, the U.S. Copyright Office published the second part of a planned three-part report on copyright and artificial intelligence (AI), this time focused on the question of copyrightability for AI-generated creative works. The first part, published in July 2024, explored the legality of so-called digital replicas of individuals’ likenesses, or “deepfakes.” The report is the product of a sweeping new initiative on AI launched by the Copyright Office in 2023 in response to the first crop of copyright registrations for...

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Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | The Impact of Trump’s Tariffs: A Comprehensive Analysis

On February 1, President Trump announced new tariffs on imports from Canada, Mexico, and China, which sparked intense negotiations with the affected countries. On February 10, President Trump reportedly announced 25% tariffs on all steel and aluminum imports — and there is the possibility of further tariff announcements on the horizon. As we continue to monitor the situation, this comprehensive analysis delves into the potential far-reaching consequences of the first round of proposed tariffs and what they could mean...

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Member News, Trade & TTIP Related

GDLSK Alert | Major Changes In Steel And Aluminum Tariffs

Authors: Erik Smithweiss and Sarah Raymond The Trump Administration issued Presidential Proclamations on February 10, 2025, under Section 232 of the Trade Expansion Act of 1962, making major changes to U.S. tariff policy on steel and aluminum imports. Effective March 12, 2025, all steel and aluminum imports covered by the prior Section 232 actions — regardless of origin — will be subject to an additional 25% tariff. Countries that once benefitted from alternative tariff agreements — Australia, Canada, Mexico, South Korea,...

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Member News, Trade & TTIP Related

OCO Global | L’Art de la Négociation: Trump, Tariffs & the Transatlantic Tug-of-War

By Ian Hunter “Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.” - Donald Trump, The Art of the Deal President Trump has never seen trade policy as just economics – it’s a high-stakes game, and winning is everything. Throughout his career, he has framed trade deficits as evidence of American weakness, blaming past administrations for allowing U.S. manufacturing to decline while foreign goods flood the market.  With Washington...

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Chapter News

NY Fed | Inflation Expectations Stable; Household Spending Growth Expectations Decline

NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the January 2025 Survey of Consumer Expectations, which shows that inflation expectations were unchanged at the short- and medium-term horizons, and increased at the longer-term horizon. Commodity price expectations rose across the board, with the expected price change for gas, food, medical care, education, and rent all increasing. Labor market expectations were mixed, with job loss and job finding expectations both rising and unemployment expectations falling...

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Chapter News

ECB | Why a more competitive economy matters for monetary policy

By Marinela-Daniela Filip, Daphne Momferatou and Susana Parraga-Rodriguez | At the heart of the euro area’s competitiveness challenges lies weak productivity growth. The ECB Blog looks at how this makes it more difficult to carry out monetary policy. While companies in the euro area are getting more productive, they are doing so at a much slower pace than their competitors. Weak productivity growth is putting monetary policy in a difficult situation. When the economy struggles to grow and loses competitiveness...

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Member News

Cilcare launches a new study to explore hearing in patients with early-stage neurodegenerative diseases and identify new auditory biomarkers

Cilcare takes a major step forward with the launch of SAPHIR, a groundbreaking study on the link between hearing disorders and neurodegenerative diseases. A pioneering observational clinical study conducted in partnership with the University Hospitals of Gui de Chauliac (Montpellier) and Carémeau (Nîmes). Recruitment of 309 participants, divided into three groups: Mild Cognitive Impairment (MCI), Parkinson’s Disease, and an age-matched control group. A cutting-edge approach combining advanced auditory testing and biological biomarkers to uncover specific auditory signatures. Montpellier, February 10, 2025 – Cilcare,...

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