![European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources](https://eaccny.com/wp-content/uploads/2020/06/eaccny-logo.png){kind=logo}
Member News
Member News
10
Nov
By Aaron C. Mandelbaum, David M. Schwartz, Samir D. Varma, Francesca M.S. Guerrero & Scott E. Diamond
On November 5, 2025, the U.S. Supreme Court heard oral arguments in a high-profile consolidated appeal challenging whether President Donald Trump lawfully invoked the International Emergency Economic Powers Act (“IEEPA”) to impose tariffs. The cases challenge two sets of tariffs Trump implemented earlier this year: (1) tariffs against Canada, China, and Mexico in response to alleged inaction on illegal fentanyl trafficking (see Update of February 3, 2025); and (2) sweeping “reciprocal” tariffs...
10
Nov
The federal government has been shut down for over a month. We previously reported on implications for the Federal Trade Commission’s (FTC) antitrust work here. What does the shutdown mean for the FTC’s consumer protection, privacy, safety, and AI work?
For one thing, the FTC may be getting a new commissioner. On October 29, 2025, Bloomberg reported that President Trump plans to nominate Ryan Baasch to serve as a commissioner on the FTC. Baasch is a Republican who has recently...
10
Nov
• EIB Group to activate series of projects to step up fight against climate change and nature degradation.
• Initiatives to increase clean energy, forests and biodiversity worldwide to be announced at UN climate conference in Brazil.
• Support for women entrepreneurs in Amazon region also planned.
The European Investment Bank (EIB) Group will unveil a series of initiatives to accelerate the fight against global warming at the 30th United Nations climate conference (COP30) in Belém, Brazil running from today until 21 November....
10
Nov
Overview: The prospect that the longest US government shutdown in history may end in the next few days has bolstered risk appetites, driven equities broadly higher and left the dollar non-plussed. The greenback is mixed against the G10 currencies. The Japanese yen, which appears have been dragged lower by the jump in US rates. The dollar-bloc currencies and Scandis are leading the move against the dollar. Among emerging market currencies, the Indian rupee, Turkish lira, Thai baht, and a few...
10
Nov
In this week’s Roar: More on the U.S.-China trade deal, the latest Logistics Manager Index, the October PMI, shifting air freight markets, and thoughts on supply chain disruption.
We noted last week that President Trump and President Xi reached a trade deal addressing several issues, and more details have been published. These include China lifting its export controls on rare earths and critical minerals, suspending tariffs on U.S. agricultural products, resuming soybean purchases, and stopping semiconductor investigations. Both sides agreed to delay the...
07
Nov
On November 5, 2025, the U.S. Supreme Court heard oral argument in Learning Resources, Inc. v. Trump (24-1287), and Trump, President of U.S. v. V.O.S. Selections, Inc. (25-250), cases brought by five importers and by several states challenging the Administration’s reliance on the International Emergency Economic Powers Act (IEEPA) to impose broad tariff measures. The oral argument lasted nearly three hours with the justices posing pointed questions to both sides. Three justices were clearly skeptical that IEEPA confers upon the President the power...
07
Nov
AI policies are meaningful when they lead to specific obligations and control activities. Consider mapping policies and controls to your standards and regulations.
Assessments surface gaps. Action closes them.
After an AI governance assessment, many financial institutions see similar findings. Ownership is unclear. No single inventory exists. Validation practices vary by team. Third-party oversight is uneven.
The path forward is to translate these findings into a simple operating model supported by the right technology.
Start with the source of truth: The AI inventory
Every...
07
Nov
European Parliament prepares to push back on EU-U.S. tariff deal
The European Parliament’s trade committee plans to toughen its stance on the EU-U.S. Trade and Tariffs Deal, setting the stage for a potential political fight over how far Brussels should go in accommodating Washington.
Meeting on 4 November, the International Trade (INTA) Committee debated its draft report on the July 2025 deal struck between European Commission President Ursula von der Leyen and Donald Trump in Turnberry, Scotland. The agreement caps most U.S. tariffs...
Other Chapter News
