Tag Archives: EU

The EU’s Proposed Artificial Intelligence Act (AIA): What You Need To Know

In April 2021, the EU Commission (EC) proposed a suite of new legislative and non-legislative proposals related to artificial intelligence (AI): in a proposed Regulation laying down rules on Artificial Intelligence (“Artificial Intelligence Act – AIA”), the EC attempts the first-ever comprehensive legal framework for this highly debated and fast-developing family of technologies.… Continue Reading

Transatlantic Trade | US and Europe – Week of September 6, 2021

This week, the United Kingdom (UK) provided an extension related to the customs requirements for its goods transiting to Northern Ireland, thereby providing additional time for negotiations with the European Union (EU) to find a path forward to resolve the trade concerns tied to the Northern Ireland Protocol.  The European Commission published its 2021 Strategic … Continue Reading

Transatlantic Trade | US and Europe – Week of August 9, 2021

United States (US) employers, including the US Government, are increasingly mandating COVID-19 vaccinations for American employees, amid the past few weeks of increased Delta variant cases. The US Government also moved forward with approving the Pfizer/BioNTech and Moderna vaccines for a booster dose for immunocompromised Americans only this week. Meanwhile, the US, in coordination with … Continue Reading

Transatlantic Trade | US and Europe – Week of July 12, 2021

The United States (US) and European Union (EU) focused this week on forced labor and concerns with their respective supply chains, with the US releasing updated guidance on some related concerns coming from one region within the People’s Republic of China (China).  Russia was also in the spotlight, with the US focused on cyber-attacks originating … Continue Reading

Italy’s Antitrust Authority Proposes Simplification of Public Procurement Rules

The international press saluted Mario Draghi’s appointment as the new Italian prime minister with optimism. Italy is given “another chance” (The Economist). Italy is turning in a “power player in Europe” (The New York Times). Mr. Draghi wasted no time and asked his aides for radical reforms proposals. Against this backdrop, on 23 March, the Italian Competition Authority … Continue Reading

Transatlantic Trade | US and Europe – Week of March 22, 2021

Officials from the United States (US) reached out to European officials this week, discussing mutual concerns and priorities.  The European Union (EU) continues struggle with resolving its vaccine distribution challenges, extending its vaccine export restrictions until June.  This week, the US and European partners jointly imposed sanctions against officials from the People’s Republic of China … Continue Reading

Transatlantic Trade | US and Europe – Week of February 15, 2021

United States (US) engagement with transatlantic partners came across multiple fronts this week, via the White House, State Department outreach, the NATO Defense Ministerial and Treasury Department outreach.  The European Commission released its trade strategy, with the “Open Strategic Autonomy” principle at the center, but also prioritizing strengthening the European Union (EU)-US relationship.  Effective this … Continue Reading

Looking Ahead at the US Economy and Transatlantic Relations Under Biden-Harris Administration – Conversation with EU AmChams

In early December 2020, former US Speaker of the House John Boehner (Republican-Ohio) and former Chairman of the US House Democratic Caucus Joe Crowley (Democrat-New York) spoke to a group of EU AmChams, representing Belgium, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Romania, Slovakia, Slovenia and Spain, on their views of the Biden-Harris economic agenda, how … Continue Reading

Transatlantic Trade | US and Europe – Week of January 18, 2021

A peaceful transition of presidential power occurred in the United States (US) on Wednesday, 20 January, in Washington, D.C., with President Joe Biden now leading the country and calling for unity.  Over his first few days, President Biden immediately signed a number of orders, ranging from addressing COVID-19 to climate change and other topics.  Prior … Continue Reading

Transatlantic Trade | US and Europe – Week of January 11, 2021

The United States (US) continues to focus on the aftermath of the US Capitol Building attack on 6 January, as it looks to move forward with a peaceful transition of power this coming week.  Meanwhile, the European Union (EU) process for approving the EU-United Kingdom (UK) trade deal took another step forward this week, as … Continue Reading

Transatlantic Trade: US and Europe – Welcome to the Inaugural Report of 2021

All eyes were on Washington, D.C. last week, as news emerged Wednesday that the United States (US) Capitol was breached.  Order was restored quickly and Congress moved ahead with certifying the 3 November election results.  In the wake of the incident, US President Donald Trump is under pressure to resign, with just over a week … Continue Reading

Transatlantic Trade: US and Europe – Week of December 14, 2020

The United States (US) approved its second COVID-19 vaccine by Moderna this week, ramping up its initial vaccine distribution and inoculations in America.  Meanwhile, the European Union (EU) decided to expedite its vaccine approval process and is now on track to authorize the Pfizer/BioNTech and Moderna vaccines before the end of the month.… Continue Reading

Transatlantic Trade: US and Europe – Week of December 7, 2020

Last week, the United Kingdom (UK) moved forward with its first inoculations of the approved Pfizer/BioNTech COVID-19 vaccine.  The United States (US) approved the Pfizer/BioNTech vaccine on Friday, 11 December, and will begin inoculations this coming week.  The European Union (EU) continues to stress safety over speed in its vaccine approval process and has yet … Continue Reading

Transatlantic Trade: US and Europe – November 23 through December 6, 2020

The United Kingdom (UK) approved its first COVID-19 vaccine this past week, moving forward with its first inoculations this month.  Regulators in the United States (US) and European Union (EU) are still examining the Phase 3 clinical data but are not far behind in their respective approval processes for some vaccine candidates. Talks between the … Continue Reading

EU’s New Pharmaceutical Strategy

The European Commission President Ursula von der Leyen has put an emphasis on health policy since the beginning of her term, by promoting the development of a number of initiatives that will be published in the months and years to come. Inevitably, the COVID-19 pandemic has generated a growing demand for better coordination across EU … Continue Reading

Transition 2020 | Biden and Trade: Renewed Transatlantic Relationships

President-Elect Joe Biden is expected to prioritize rebuilding transatlantic relations, after several years of elevated tensions on a number of trade priorities. US and European officials have traded barbs on a number of fronts – from World Trade Organization (WTO) reform to the long-standing large civil aircraft dispute, and from Section 232 national security tariffs … Continue Reading

Transatlantic Trade: US and Europe – Week of October 26, 2020

There are a number of factors complicating transatlantic efforts to stem the novel coronavirus, such as lockdown fatigue and related impacts to economies.  Nonetheless, European governments continue to respond to the latest COVID-19 wave engulfing the region; the European Union (EU) is pushing Member States to remain coordinated.  While infections are similarly increasing in the … Continue Reading

“A Union of Vitality in a World of Fragility” – EU Commission’s 2021 Work Program – What You Should Know

The European Commission published its 2021 work program for the coming 12 to 14 months on October 19, 2020. The 44 new policy initiatives complements EU’s medium-term policy objectives, including the green and the digital transformation, dealing with the economic and social consequences of COVID-19, and strengthening Europe’s role at the international level. In light … Continue Reading

US Executive Branch Update – October 31, 2020 (Happy Halloween!)

This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* *The US President (POTUS) and Vice President’s (VPOTUS) daily schedules are subject to change. 10:35 a.m. EDT – THE PRESIDENT departs Washington, D.C., en route to Ewing Township, NJ 11:25 a.m. EDT – … Continue Reading

Transatlantic Trade: US and Europe – Week of October 19, 2020

While COVID-19 infections continue to rise globally and transatlantic governments are responding accordingly, the European Union (EU) and United Kingdom (UK) resumed negotiations over terms for its relationship, post Brexit.  Late last week, the EU’s investment screening regulation entered into force; the bloc continues to move forward in its process to approve an EU Global … Continue Reading

Multinational Companies: Are You Engaged in the Global Tax Policymaking Process? Now is the Time

On October 12, 2020, the OECD’s (Organisation for Economic Co-operation and Development) Inclusive Framework on BEPS (base erosion and profit shifting) announced its plans for tackling digitalization related tax challenges going into middle of 2021 and likely beyond. The analysis below summarizes the work plan’s “two pillars”, next steps in the process and potential risk … Continue Reading

Transatlantic Trade: US and Europe – Week of October 12, 2020

A second wave of COVID-19 cases is being seen around the world and governments on both sides of the Atlantic are re-examining restrictions to curb the spread of the virus again.  Two of four COVID vaccine candidates in late stage trials in the United States (US) have paused after individuals had complications that are being … Continue Reading
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