Member News

Member News
15
Jun
Member States endorse EIB Group strategy to use its full potential and scale up investment and risk-taking, with a special focus on energy autonomy, technological leadership, security and defence, resilient infrastructure and strong global partnerships.
EIB Group on track to meet 2026 target of 5% of total financing in EU for security and defence.
EIB Group is delivering on its strategic roadmap, including record energy investment.
The Board of Governors of the European Investment Bank (EIB), comprised of European Union...
12
Jun
The United States Trade Representative (USTR) has published notice of its intent to impose additional duties on products from 60 countries, stemming from its investigation under Section 301 of the Trade Act of 1974 related to forced labor. (91 FR 34272).
The USTR initiated the investigation under Section 301 on March 12, 2026, regarding the acts, policies, and practices of 60 countries related to the failure to impose and effectively enforce a prohibition on the importation of goods produced with...
11
Jun
On June 2, 2026, the White House issued an Executive Order that aims to strengthen U.S. cybersecurity infrastructure through AI-enabled defenses while maintaining the administration’s permissive regulatory environment for AI development. The Order imposes a series of short-term action items on federal agencies intended to improve the nation’s posture on cybersecurity and creates a voluntary framework for collaboration between the government and private AI developers.
Covered Frontier Model Framework
While the Order prohibits creating a mandatory licensing or preclearance requirement for AI models,...
11
Jun
The EU has set a 2040 EU climate target of a 90% reduction in greenhouse gas emissions compared to 1990 levels. This new target requires the Commission to review other relevant EU legislation to achieve the target. Our Planning & Environment team discuss how, for example, RED II and the Energy Efficiency Directive will need to be amended.
What you need to know
The EU Climate Law sets a binding objective to achieve climate neutrality by 2050.
To achieve this, it set...
10
Jun
Just as some U.S. importers began receiving refunds of duties paid under the International Economic Emergency Powers Act (IEEPA), the tariff refund landscape is shifting again due to a threatened appeal by the U.S. government. At the same time, the administration advanced action under other tariff laws that likely will result in new or expanded tariffs; reduced tariffs on some steel, aluminum and copper derivatives; and directed stricter enforcement of the customs laws.
As Refunds Are Received, Complications Arise for...
09
Jun
On June 8, 2026, a federal court in Massachusetts struck down the $100,000 fee that the Trump administration had imposed on employers filing H‑1B visa petitions. The ruling is a major win for businesses that utilize the H-1B program to hire skilled foreign workers in fields like technology, engineering, healthcare, and finance.
BACKGROUND
Last September, President Trump issued a Presidential Proclamation titled Restriction on Entry of Certain Nonimmigrant Workers. The proclamation required employers to pay a $100,000 fee—on top of existing filing...
08
Jun
In our first article in this series, What AI shopping agents will mean for customers and retailers, we outlined six imperatives retailers must act on to stay competitive in a fast-evolving landscape. As of late 2025, Amazon had launched Buy for Me, Google had rolled out agentic checkout with Gemini, and OpenAI’s Instant Checkout had gone live with partners including Etsy, Shopify, and Walmart. 2026 has seen agentic e-commerce go mainstream, with the market expected to be worth $236 billion by...
08
Jun
On June 3, 2026, the European Commission (EC) released its first draft of a proposed Cloud and AI Development Act (Proposal or CADA), marking a significant step forward in the EU’s efforts to strengthen its digital infrastructure and reduce strategic dependence on non-EU cloud providers.
Through the Proposal, the EC aims to strengthen EU cloud, AI, and computing capabilities, and introduces criteria to help public-sector bodies assess whether third-party cloud services are sufficiently protected from foreign control. The Proposal lays the groundwork for a...