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EDUCATES

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EDUCATES
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TRANSATLANTIC NEWS

Chapter News, News

ECB | Cash Remains Most Widely Accepted Payment Method in Euro Area

Overall, 92% of companies with physical points of sale accept cash Cash acceptance rebounds after decline observed during and after pandemic Cash widely valued for privacy and reliability, while acceptance of mobile payments rises sharply According to the latest survey on the use of cash by companies in the euro area published today by the European Central Bank, cash acceptance has rebounded slightly. In 2026, 92% of companies selling goods and services in physical locations in the retail trade, restaurants and cafés,...
Chapter News, News

European Commission | New Packaging Rules for Less Waste and Easier Recycling

From 12 August 2026, new rules on packaging and packaging waste apply in the EU. This will change the way products are packaged to protect the environment and people’s health. It will also create opportunities for businesses. Packaging uses large quantities of raw materials and generates waste that ends up in landfills or the sea. Some chemicals used in packaging can also be harmful. The new rules address these issues by setting requirements for the manufacturing and composition of all packaging placed on the EU market. They also require...
Chapter News, News

ECB | From Well to Pump: How Fuel Prices are Formed

Blog | Retail fuel prices have surged in 2026 following the outbreak of the conflict in the Middle East, driving up euro area energy inflation. In this blog, we examine the factors that drive fuel price dynamics at the pump. Rising oil prices amid the conflict in the Middle East have put the public spotlight back on fuel costs and their potential impact on inflation. This blog post explains how changes in crude oil prices feed through to what consumers...
Chapter News, News

OECD | Headline Inflation Eased to 4.2% in June 2026, Reflecting a Temporary Decline in Energy Inflation

Year-on-year inflation in the OECD as measured by the Consumer Price Index declined to 4.2% in June 2026, down from 4.6% in May. Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) declined to 4.2% in June 2026, down from 4.6% in May (Table 1, Figures 1 and 2), following three consecutive monthly increases. Headline inflation declined in 20 OECD countries, rose in 6, and was stable or broadly stable in 12. In June, headline inflation...
Chapter News, News

European Commission | Safer and More Transparent AI

On 2 August 2026, new rules on the transparency of AI systems take effect. AI is advancing quickly, making it increasingly difficult to distinguish AI-generated and manipulated content from human-created and authentic content. This creates new risks of misinformation and manipulation at scale, fraud, impersonation, and consumer deception. The new transparency obligations will help people recognise when they are interacting with AI or are exposed to AI-generated content, so they can make informed decisions and better protect themselves from misinformation or deception. Click here to access explanatory video. Transparency...
Chapter News, News, Trade & TTIP Related

ITA | Commerce Department Secures Win Following First-Time Duty Evasion Filling with CBP Under Enforcement Law

WASHINGTON, D.C. — The U.S. Department of Commerce today highlighted an inaugural successful collaboration with U.S. Customs and Border Protection to combat duty evasion under the Enforce and Protect Act (EAPA). For the first time, in August 2025, the Department of Commerce submitted a duty evasion allegation to U.S. Customs and Border Protection under EAPA. On July 30, 2026, U.S. Customs and Border Protection (CBP) determined that antidumping duties are being evaded on imports of carbon and alloy steel threaded...

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.

      MEMBER NEWS

      Member News, News, Trade & TTIP Related

      Troutman Pepper Locke | Cleared for Tariffs: What the New Section 232 Drone Tariffs Mean for the UAS Industry

      Key Points A presidential proclamation issued August 13, 2026, imposes Section 232 tariffs of 100% on high-risk UAS and docking stations, and 25% on consumer and commercial drones under 25 kg, effective September 3, 2026.  Reduced tariff caps of 15% (EU, Japan, South Korea, Taiwan, Switzerland, Liechtenstein) and 10% (UK) apply only where importers certify that “substantially all” critical components originate from qualifying countries — a standard Commerce has not yet defined.  The Proclamation’s onshoring program allows companies that...
      Member News, News

      IPTI | Property Tax in the News – August 2026

      IPTI’s usual monthly newsletter – the “President’s Message” – contains, inter alia, some summarised news articles from around the world. This IPTI publication – “Property Tax in the News” – contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles – from North America, Europe and around the globe – can be found in...
      Member News, News, Trade & TTIP Related

      Jaguar Freight | The Cost of Transit

      In this week’s Roar: Asia–U.S. East Coast box rates, jumping the queue at the Panama Canal, port congestion across Asia, falling air cargo demand in Europe, and AI’s role in overcoming supply chain hurdles. A geopolitical perfect storm of sorts has led Asia–U.S. East Coast box rates to a new high for the year, while pushing West Coast rates up 11% since the start of the month. Despite the perceived state of the economy, not to mention geopolitical volatility and the ongoing instability...
      Member News, News

      Greenberg Traurig | USCIS Raises the Stakes: Incomplete Immigration Filings May Face Immediate Denial

      The Trump administration has prioritized immigration policy, with new developments emerging on an almost weekly basis. From changes affecting visa processing and adjustment of status to increased vetting, enforcement initiatives, employment authorization, humanitarian programs, and agency adjudication standards, employers and foreign nationals are navigating a rapidly shifting immigration landscape. This represents a departure from the approach adopted in 2021, under which USCIS officers were generally instructed to issue an RFE or NOID when additional evidence could potentially establish eligibility. Under...
      Member News, News

      Thompson Hine | New BIS Rule Restricts Export of Certain Critical Minerals

      The Bureau of Industry and Security (“BIS”) has published a temporary final rule to restrict the export of black mass and tungsten waste and scrap without a license. The agency defines black mass as shredded lithium-ion battery scrap that contains cathode material, anode material or other “residual battery cell materials.” The BIS will restrict export of these critical minerals to address an “inadequate supply” of those items, which threatens national defense and security. Beginning on August 27, 2026, U.S. persons engaged in...
      Member News, News

      Grassi | Grassi Strengthens NYC Presence & Tax Practice with Integration of Hoffman Mulligan

      New York, NY — August 13, 2026 — Grassi, a leading employee-owned advisory, tax and accounting firm, announced today that Hoffman Mulligan has joined the firm, strengthening its high-net-worth and tax practice capabilities and expanding its presence in New York City. Effective August 1, the Hoffman Mulligan team, including partners Don Hoffman and Janet Mulligan, along with 20 professionals, has relocated to Grassi’s New York City headquarters at 360 Madison Avenue, 7th Floor, New York, NY. This integration enhances Grassi’s ability to serve high-net-worth individuals...

      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

      Grassi is a leading independent, employee-owned advisory, tax, and accounting firm serving middle-market businesses, public companies, high-net-worth individuals, and nonprofits. Ranked the 52nd-largest firm in the United States, Grassi delivers a relationship-driven approach to help clients manage complexity, drive growth, and achieve long-term success.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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