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EDUCATES

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TRANSATLANTIC NEWS

Chapter News, News

OECD | G20 Trade Accelerated in Q2 2026, Boosted Primarily by Merchandise Imports and Services Trade

G20 merchandise trade accelerated in Q2 2026. Measured in current US dollars, quarter-on-quarter import growth rose markedly to 6.7%, from the 5.2% growth recorded in the previous quarter, reflecting strong increases in a number of G20 economies. G20 merchandise exports growth remained broadly flat at 5.9%. Preliminary estimates also point to an acceleration in services trade, with exports rising by 3.4% and imports by 2.5%, as compared to 2.0% and 1.5% respectively in Q1 2026 (Figures 1 and 3).1 In...
Chapter News, News

IMF | Managing Director Kristalina Georgieva’s Statement at the Conclusion of the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina

 Asheville, N.C., United States: International Monetary Fund Managing Director Kristalina Georgieva delivered the following remarks at the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina: “I would like to thank the Government of the United States for hosting this week’s G20 meeting, and Secretary Bessent and Chairman Warsh for their leadership in delivering a focused discussion on key global economic priorities. During our discussions, there was a strong convergence of views around the importance of lifting potential growth...
Chapter News, News, Uncategorized

European Commission | Commission Designates ChatGPT, Reddit, Roblox Under Digital Services Act

Today, the Commission has designated ChatGPT as a Very Large Online Search Engine (VLOSE), as well as Reddit and Roblox as Very Large Online Platforms (VLOPs), under the Digital Services Act (DSA). These services declared that they reach at least 45 million average monthly users in the EU and thus meet the threshold for designation. Following the notification of the designations, these services have four months, i.e. by January 2027, to comply with the additional DSA obligations for VLOPs and VLOSEs, such...
Chapter News, News

IMF | Rethinking Central Bank Communications in an Uncertain World

Blog | In a world of frequent shocks, central bank communications should anchor expectations by explaining how policy responds to changing conditions, rather than committing to a fixed path. In a world of frequent and faster-moving shocks, where uncertainty is high and markets react instantly, central banks face a fundamental communications challenge: how to help the public understand monetary policy objectives while explaining how policy may evolve as economic conditions change. In this regard, explaining the policy framework, the reaction...
Chapter News, News

European Council | Listening to Europe, Building its Future – Op-Ed Article by President Costa

Once I was elected President of the European Council, I decided to visit each member state every year, to meet bilaterally with each European leader. These exchanges are first and foremost an opportunity to listen: to remain closely attuned to the concerns, priorities and expectations of the members of the European Council, and of the citizens they represent. They also allow me to share my perspective on the challenges and opportunities ahead for our union. These visits take place...
Chapter News, News

OECD | GDP Growth in OECD Area Picks up Slightly in the Second Quarter of 2026

GDP (Gross Domestic Product) growth in the OECD area increased slightly to 0.5% in Q2 2026, up from 0.4% in the previous quarter, according to provisional estimates (Figure 1). This reflected a mixed picture across the 30 OECD countries for which data were available. In Q2 2026, 27 countries recorded growth, but at varying rates, while 3 saw no change in GDP. GDP growth in the G7 slowed to 0.3% in Q2 2026, down from 0.4% in Q1, reflecting slower...

UPCOMING EACC EVENTS

Transatlantic Energy Strategies at a Turning Point: Markets, Geopolitics, and Infrastructure Investment Needs

Global energy markets are undergoing a period of profound change. Geopolitical tensions, shifting supply chains, and the accelerating demands of the AI and digital‑technology revolution are reshaping how nations think about energy security, affordability, and long‑term resilience. As electricity consumption rises and competition for reliable resources intensifies, both Europe and the North America face pressure to diversify their energy mixes and modernize aging infrastructure.

    PARTNER EVENTS

    WEBINAR | The EU Data Act - One Year On

    Hosted by Wilson Sonsini | On September 12, 2025, the EU Data Act introduced new obligations for companies that manufacture connected products, provide related services, offer cloud or SaaS services in the EU, or participate in EU data-sharing arrangements.

    WEBINAR | Infrastructure Evergreen Fund Structures: Practical Considerations

    Hosted by Arendt | Evergreen fund structures are attracting increasing interest in the context of long-term investments. For infrastructure assets in particular, they offer compelling opportunities and raise important questions around structuring, investor onboarding, liquidity and remuneration.

      MEMBER NEWS

      Member News, News, Trade & TTIP Related

      GDLSK | CBP Announces Enhanced Enforcement of IOR Requirements and Voiding of Importer Numbers for Inaccurate Form 5106 Information

      U.S. Customs and Border Protection has issued a General Notice announcing enhanced enforcement procedures to verify the accuracy of information submitted on CBP Form 5106.  Significantly, the initiative applies not only to new importer applications, but also to the Form 5106 information already on file for existing importers.  The notice was published on August 19, 2026, and states that enforcement will begin 30 days after publication (September 18, 2026). Beginning on that date, CBP states that it will immediately void an...
      Member News, News, Trade & TTIP Related

      Ogletree Deakins | Canada Announces $7.5 Billion Support Package for Tariff-Affected Employers

      On August 25, 2026, the Canadian federal government announced a $7.5 billion package of new and enhanced measures to support workers and businesses impacted by the latest round of U.S. tariffs. This builds on nearly $25 billion in supports rolled out over the past eighteen months. For employers with Canadian operations, several of these measures have immediate workforce planning implications. Quick Hits On August 25, 2026, Canada announced new support programs to help employers impacted by the latest round of...
      Member News, News

      Baker Tilly x Anchin | U.S. Expansion Playbook – Building a U.S. Presence: Key Accounting and Compliance Issues for Foreign Entities

      There are several operational issues foreign businesses should be aware of when they are considering expanding into the U.S., including: Assessing whether the business will have a physical presence in the U.S., Day-to-day business management, such as inventory, online sales, and hiring U.S. employees, Determining whether the foreign parent or U.S. subsidiary will handle certain business expenses, and Managing any intercompany payments between the two entities. Another significant aspect to consider is how a foreign business will handle accounting for...
      Member News, News, Trade & TTIP Related

      Jaguar Freight | Routes and Rates

      In this week’s Roar: Record high port congestion, optimism in the Red Sea, rising air rates from Asia to the EU, contrasting East Coast to West Coast rates, and unpredictable lead times for South American importers. In conditions reminiscent of the pandemic, port congestion has hit a record high, with 4.31 million TEU of container capacity stranded around the globe. The situation has worsened due to delays in Asia and Europe and longer routes around Africa, which have also helped...
      Member News, News

      Barnes & Thornburg | U.S. Considers New Six-Figure Fees Following Appellate Court Decision

      Highlights U.S. Citizenship and Immigration Services (USCIS) proposed a $103,265 fee for all cap-subject H-1B petitions, which is a broader scope than the prior $100,000 fee. The newly proposed H-1B fee would not apply to extension, change of employer, or cap-exempt petitions. The proposed rule will undergo a 30-day public notice and comment period, after which USCIS will announce its implementation, if applicable. The executive branch is also considering a $100,000 fee for Optional Practical Training (OPT), which would...
      Member News, News, Trade & TTIP Related

      Thompson Hine | United States Implements 50% Tariffs on Canada; Canada Responds with Matching Retaliatory Tariffs

      On August 21, 2026, trade negotiations between the United States and Canada faltered and the parties, for now, have ceased further negotiations. As a result, the United States has implemented 50% tariffs on a broad range of Canadian products under Section 338 of the Tariff Act of 1930. First announced on July 20, 2026 (see SmarTrade update of July 21, 2026), when President Donald Trump signed three Presidential Proclamations imposing these additional, implementation of these tariffs was delayed until August 22,...

      Latest & Leading

      New Micropodcast Series: What’s Happening Across the Atlantic

      The EACCNY is happy to announce the launch of its “What’s Happening Across the Atlantic” series, an initiative that aims to offer our members and wider audience hands-on updates on current affairs and policy developments on both sides of the pond. In these 3-5 minute segments, EU and US policy makers and experts along with a select group of EACCNY members will answer a single timely question: What’s Happening Across the Atlantic” focusing on a specific topic that is relevant to our audience.

      Member Spotlight

      Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East and recently celebrated its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and among the Top 20 on the 2016 Am Law Global 100.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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