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Transatlantic News
Transatlantic News
23
Feb
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...
23
Feb
The European Commission requests full clarity on the steps the United States intends to take following the recent Supreme Court ruling on the International Emergency Economic Powers Act (IEEPA).
The current situation is not conducive to delivering “fair, balanced, and mutually beneficial” transatlantic trade and investment, as agreed to by both sides and spelled out in the EU-U.S. Joint Statement of August 2025.
The Commission will always ensure that the interests of the European Union are fully protected. EU companies and exporters must...
19
Feb
FEBRUARY 19, 2026
CB 26-31, BEA 26-09
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $70.3 billion in December, up $17.3 billion from $53.0 billion in November, revised.
December exports were $287.3 billion, $5.0 billion less than November exports. December imports were $357.6 billion, $12.3 billion more than November imports.
The December increase in the goods and services deficit reflected an increase in the goods deficit of $15.7 billion to $99.3...
19
Feb
Blog
Diversification has become harder since 2020 as stocks and bonds tend to move in tandem during sharp selloffs, adding to financial stability concerns
Spreading investments across asset classes can reduce risk and smooth returns. The classic diversification between stocks and bonds worked historically because they moved in opposite directions. When stocks fell, investors sought safety in bonds. Bonds rallied, cushioning losses and stabilizing portfolios.
Since the start of the pandemic period—with supply shocks that fueled inflation—bonds have become less effective in...
17
Feb
Stefano Scarpetta has been appointed as the next Chief Economist of the OECD. He will take up his duties on 1 April 2026.
Mr Scarpetta brings an outstanding international reputation as a leading economist, built over more than three decades of distinguished service. Since 2013, he has led the OECD Directorate for Employment, Labour and Social Affairs, where he oversaw landmark initiatives including the OECD Jobs Strategy and strengthened the Organisation’s capacity to assess the impact of major structural transformations...
17
Feb
Munich, 14 February 2026
It is a mark of how much our world has changed that a central banker speaks at the Munich Security Conference on supply chains.
A decade ago, this would have seemed like a category error. Today, everyone in this room recognises that trade is as much a security issue as an economic one.
Economic interdependence has deepened substantially in recent decades, creating intricate webs of cross-border trade flows. Where this was once seen as a source of stability,...
11
Feb
Thank you, Madam President, dear Roberta,
Deputy-Minister Raouna, dear Marilena,
Honourable Members,
In the last plenary, we focused on the geopolitical shockwaves that Europe is facing and on our united response. But our power on the global stage depends greatly on our strength on the economic front. Competitiveness is not just the foundation of our prosperity but of our security, and ultimately of our democracies too. This is why competitiveness has been at the top of our agenda from day one. At...
11
Feb
The Council today formally approved new customs duty rules for items contained in small parcels entering the EU, largely via e-commerce. The new rules respond to the fact that such parcels currently enter the EU duty free, leading to unfair competition for EU sellers.
"As global e-commerce booms, EU customs rules must keep pace. Abolishing the out-of-date exemption for small parcels will help support EU business and shut down avenues for unscrupulous sellers. Now, we need to move forward decisively on the...
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