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EDUCATES

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TRANSATLANTIC NEWS

Chapter News, News, Trade & TTIP Related

European Commission | Ensuring Fairness and Safety: €3 Customs Duty for Low-Value Parcels

From 1 July 2026, the EU will introduce a temporary €3 customs duty on low-value parcels imported from outside the EU, mainly through e-commerce. This includes a wide range of products commonly bought online, such as clothing, toys, electronics, and other consumer goods worth up to €150. Every day, millions of low-value parcels enter the EU. Many contain products that do not meet EU safety standards or are undervalued or falsely declared to avoid customs duties. At the same time, the current customs duty exemption gives non-EU sellers an unfair advantage over businesses that manufacture...
Chapter News, News

IMF | Artificial Intelligence and the Economics of Adjustment

Today’s AI policies will shape tomorrow’s job market. Artificial intelligence has reignited an old fear—that technology will eliminate work faster than economies can adapt. Variations of this concern appear every time powerful new technologies emerge. What feels different today is the speed, scope, and visibility of AI’s advance, particularly in cognitive tasks long assumed to be uniquely human. Yet history shows that whenever new technology emerges, economies ultimately undergo deep structural transformation. This allows labor markets to adapt to the potential...
Chapter News, News, Trade & TTIP Related

European Council | EU-US Trade: Council Gives Final Approval for the Tariff Commitments Under Joint Statement

Today, the Council formally adopted two regulations implementing the tariff-related commitments set out in the EU-US Joint Statement of 21 August 2025. The adoption completes the legislative process and confirms the EU’s commitment to a stable, predictable and mutually beneficial transatlantic trade relationship, while preserving the necessary guardrails to protect European economic interests. "We are committed to a strong and open transatlantic partnership with our historic ally, but openness must go hand in hand with safeguarding our interests. These measures achieve both, supporting...
Chapter News, News

European Commission | Tax Simplification Package to Streamline Compliance and Enhance Competitiveness of the Single Market

Today, the European Commission adopted an ambitious tax simplification package designed to simplify EU tax rules and reduce compliance burdens for businesses. The package comprises of two proposals, the Taxation Omnibus and the Recast of the Directive on Administrative Cooperation (DAC) and will modernise the EU's direct tax framework and strengthen the competitiveness of the Single Market while maintaining the existing strong level of protection against tax fraud, evasion and avoidance. The package is expected to save EU businesses around €8 billion annually,...
Chapter News, News

ECB | What Separates Firms That Use AI Intensively From Firms That Don’t?

Blog | The adoption rate of AI is rising rapidly, but the intensive use that drives transformation and generates macroeconomic gains remains rare. This blog explores what sets intensive AI users apart and what firms need to deeply integrate AI into their production processes. The advent of AI has been widely hailed as a driver of productivity growth. Yet simply adopting AI does not guarantee measurable improvements in firms’ efficiency. What does matter is what they use the new technology...
Chapter News, News

European Parliament | Digital Euro: MEPs Want to Ensure Sovereignty, Privacy and Financial Stability

  Secure, private and free-to-use means of payment, both online and offline Privacy safeguards built in Limits to individual holding, pilot testing and coordinated public awareness campaigns The digital euro would offer citizens and businesses a private, secure and innovative way to pay, while reducing reliance on non-EU providers. On Tuesday, the Economic and Monetary Affairs Committee adopted its position on the single currency package, consisting of three files. The one on the establishment of the digital euro was adopted by 43 votes to...

UPCOMING EACC EVENTS

New Member Welcome Coffee

The European American Chamber of Commerce is a network that brings together Europeans and Americans to engage in an open dialogue. Over the years we have built a community of like-minded European and American business executives who work together to further develop transatlantic trade relations.

Cyber Risk in the Age of AI

 Cyber risk is no longer confined to IT departments—it is now a board-level issue shaped by regulatory pressure, legal exposure, and rapidly evolving attacker capabilities.

    PARTNER EVENTS

      MEMBER NEWS

      Member News, News

      Bennett Jones | Impacts of the Federal Defence Industrial Strategy on the Canadian M&A Landscape

      In mid-February, the federal government launched Canada's first Defence Industrial Strategy, aiming to transform the Canadian defence industry by prioritizing Canadian suppliers and materials, investing in Canadian innovation and commercialization, and streamlining procurement. The Strategy represents an investment of over half a trillion dollars during the next 10 years, creating significant capital opportunities for Canadian businesses. With these commitments, the government intends to position the Canadian industry to take advantage of C$180 billion in defence procurement opportunities and C$290 billion...
      Member News, News

      RBC | American Economic Milestones: A Look Back at 250 Years of U.S. Financial History

      From early banking to modern retirement accounts, learn how defining moments in the U.S. economy shaped personal wealth management strategies today. On July 4, 2026, the United States will celebrate its 250th anniversary—a journey that began with a declaration and grew into the world’s most influential economy. America’s financial architecture—its markets, institutions and planning tools—didn’t come together overnight. It was built deliberately, tested repeatedly and made stronger each time. “When you look back over the country’s financial history, you can see a...
      Member News, News, Trade & TTIP Related

      Thompson Hine | CBP Issues Interim Final Rules Indefinitely Suspending the De Minimis Exemption for Imports

      On June 24, 2026, Customs and Border Protection (CBP) issued two Interim Final Rules indefinitely suspending the $800 de minimis duty exemption for all modes of importation of goods into the United States and establish a new informal entry and bonding process for international mail shipments. Public comments on these two interim rules are due to CBP no later than July 24, 2026. This indefinite suspension means that all such entries of low-value merchandise must utilize appropriate CBP entry procedures and are subject...
      Member News, News

      PwC | European Commission Publishes Tax Omnibus Proposal

      In brief What happened? The European Commission has published a Tax Omnibus proposal that would amend six EU direct tax Directives: the Interest and Royalties Directive (2003/49/EC), the Merger Directive (2009/133/EC), the Parent-Subsidiary Directive (2011/96/EU), the Anti-Tax Avoidance Directive (ATAD) (2016/1164), the Dispute Resolution Mechanisms Directive (2017/1852), and the FASTER Directive (2025/50). The package is intended to simplify the EU direct tax framework, reduce compliance burdens, improve legal certainty, and support EU competitiveness. According to the Commission’s impact assessment, it could...
      Member News, News

      NautaDutilh | CADA: A New Proposal for Digital Sovereignty Rules in the EU?

      On 3 June 2026, the EU Commission published a proposal for a regulation establishing a framework of measures for strengthening Europe's cloud and AI ecosystem: the Cloud and AI Development Act, or "CADA". The proposal aims at providing legal instruments for the EU and the Member States to commit to actions to improve the competitiveness of the EU ecosystem in relation to AI, cloud systems, and data centres, whilst also furthering the digital sovereignty of the EU. How does this...
      Member News, News

      Trepp | Ten-Year Conduit Loans Are No Longer the Market’s Default Setting – Spreads Show Why They Still Matter

      In a recent TreppTalk blog, we looked at how five-year conduit loans moved from a niche execution to the dominant format for much of the CMBS conduit market. That shift is easier to see when viewed from the other side of the market: the retreat of the traditional 10-year conduit loan. For much of the last CMBS cycle, 10-year conduit lending was the standard template. It offered borrowers longer-term fixed-rate financing and gave bond investors a familiar structure around which...

      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

       

      Foley Hoag is a full-service law firm with deep roots in delivering sophisticated legal counsel to businesses, institutions, and individuals across the United States and around the world. With four offices in the U.S. and one in Paris, the firm brings a uniquely transatlantic perspective to its practice. Foley Hoag advises clients on complex corporate transactions, capital markets, mergers and acquisitions, private equity, litigation, and regulatory matters, serving a diverse client base that includes multinational corporations, emerging companies, and financial institutions in, among others, the innovation industries of life sciences, health care, technology, energy/renewables and cannabis. The firm’s international disputes practice represents sovereign states and entities as well as global corporations in high-stakes commercial and investment arbitrations governed by all major arbitral bodies and under all major arbitral rules, as well as in domestic litigation with an international law component. Foley Hoag recognized for its collaborative, client-focused approach and its ability to navigate cross-border legal challenges with precision and efficiency.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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