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Received 5/29/25 at 11 AM from our Friends at Fifth Third Bank:
A recent federal court ruling has major implications for U.S. trade policy and global business strategy.
The court found that the Trump administration exceeded its authority by using emergency powers under the International Emergency Economic Powers Act (IEEPA) to impose broad “Liberation Day” tariffs on imports. These tariffs were intended to counter perceived unfair foreign trade practices but were ruled unconstitutional due to lack of a qualifying national emergency and Congressional approval.
What This Means:
- The tariffs are now blocked.
- Importers may be eligible for refunds.
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The administration is exploring other legal tools (e.g., Section 232 and 301) to pursue trade actions.
Why It Matters:
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This ruling could bring greater stability to trade policy.
- It reduces the risk of sudden cost increases for importers and consumers.
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It reaffirms that Congress—not the executive branch—controls long-term trade policy.
The administration may appeal, and Congress could still act to authorize new tariff powers. In the meantime, businesses should prepare for a more rules-based trade environment.
Click here for full report PDF
NOTES
5/29/25 12:00 PM: please note that this is for information only. Many things will happen, appeals, countersuits, etc. before there is any finality to this issue.
5/29/25 4:30 PM: the stop to Trump tariffs was appealed and Trump tariffs are reinstated - for now.
Please note that we will no longer report on this going forward - even if it does coincide with our newsletter...
| | CINCY Stammtisch On-The-Road: MPH Brewing in Montgomery (6/5) | Members, nonmembers, Europeans, Americans, new to the EACC and veteran... always an interesting, fun and valuable use of time with business leaders from both sides of the river - and the Atlantic! | | DAYTON Stammtisch at The Crooked Handle in Springboro (6/19) | Our Dayton Stammtisch opens us up to new set of business leaders, who are close, but experience a different world from Cincinnati. Broader horizons, perspectives and new relationships await! | | 1st Annual EACC WORKFORCE | |
July 16 at Butler Tech's Public Safety Campus
Learn about veterans as a talent pool, how apprenticeships are evolving based on the German model, how to best connect with coops and graduates and what options exist to hire from abroad.
| | 4th Annual EACC TRANSFORM | |
October 9 at manufacturing location to be confirmed
DUAL HORIZONS - Mastering Today While Architecting Tomorrow
| | ICYMI (In Case You Missed It) | | |
On April 30th, almost 100 people from our region's manufacturing and services companies, assembled to hear the latest updates from local sustainability leaders and drivers, plus a Keynote from a former Bank of America executive.
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On May 6th, the EACC in partnership with the Cincinnati Region Chamber of Commerce hosted a roundtable on Geopolitics: Risks & Opportunities presented by EY.
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Over 400 people registered to attend our 2025 Annual Gala, which took place in a new venue to accommodate the larger number.
Also new, was the presence of not one, but TWO ambassadors... and the Mayor of Cincinnati, who spoke in a fireside chat, moderated by Megan Mitchell of WLWT News 5, about the importance of Transatlantic trade in general for the U.S., but also its importance to our region specifically.
| | Portuguese Ambassador Breakfast | |
On May 21, 2025, EACC member DBL Law hosted a breakfast meeting in their Covington, KY offices, where H.E Francisco Duarte Lopes, Ambassador of Portugal to the United States, and Mario Quina, Director Portuguese Trade & Investment Agency | Chicago, spoke to full boardroom about Portugal's role and position as a gateway to Europe and desirable business partner and location for Americans.
| | Innovation and Resilience: Strategic Pillars for Industrial Success | In the dynamic and ever-evolving arena of industrial operations, companies are navigating a landscape that demands strategic rigor and foresight. At the heart of their strategies lie three transformative themes: attracting and retaining talented employees, integrating automation into operations, and enhancing infrastructure resilience. These elements are not just part of the operational fabric; they are foundational to securing a competitive edge and fostering innovation and sustainability in the manufacturing sector... Read More >> | | Bonus content: Energy Market Outlook: Demand, Cost, and Capacity in PJM | |
Our new utility rates have been published and the % rate increases are in the double digits... and not low double digits either.
If you missed SUSTAIN 2025 on April 30 you'll have missed a highly informative overview and explanation of our energy situation here in the U.S. Presenter Matt Schultz agreed to share his talk with us so that we can share with you. Read More >>
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In response to our members’ stated desire for a forum to raise concerns and bring them to the attention of policy makers, we are launching the EACC Cincy Advocacy Committee.
While the EACC is a non-governmental, non-lobbying organization, as set out in our bylaws, we do have the ability to advocate for our members when important issues arise.
Join our kick-Off Meeting on June 16th
| | Enterprise Europe Network (EEN) | |
EACC Cincy and EACC FL have been approved to join the Enterprise Europe Network as a consortium of two.
The EEN is the world’s largest support network for SMEs with international ambitions.
As part of their international network we will connect with European businesses seeking information and connections that will allow them to expand to the U.S.
Learn more about the EEN
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Let us not assume that people know what is actually happening with us - we need to TELL THEM. This was a message from H.E. Jovita Neliupsiene, Ambassador of the European Union to the United States. Our new Advocacy Committee provides one route to achieve this. GLOBAL CINCY Magazine provides another.
Look for early bird pricing information and TELL YOUR STORY opportunities from Executive Director Nicole Fenyo and/or Cincy Mag representative Brad Hoicowitz - or email either if you want to be included.
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!! REMEMBER to WHITELIST US !!
EACC-CINCY.COM
and update your database with our Mailing Address:
3 East 4th Street
Cincinnati, OH 45202
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Ways to engage, support and maximize your membership:
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Not sure the EACC is for you?
The EACC offers opportunities for AMERICAN and EUROPEAN business leaders, their executives and their young professionals to come together as peers, to learn from one another, and support one another as they tackle life and business as expats, former expats, or potentially future expats in Cincinnati.
Email Nicole Fenyo to learn more
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The EACC exists to connect Europeans & Americans to do business.
In Cincinnati we achieve this through
- information, insights and resources
- increasing awareness of our region with trade missions and marketing
- networking and relationship-building opportunities
- improving our European expatriate community's experience
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EACC Cincy enforces a Safe Haven Policy.
We create events and opportunities for our members and prospects to build relationships and friendships, which may lead to business transactions.
And while we encourage our members to buy from one another, we do not allow selling at EACC events, unless explicitly invited to do so.
Thank you for respecting our policy.
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There are 3 levels of EACC Cincy Membership (Consul, Envoy, Ambassador) AND...
- 50% of our members are MANUFACTURING companies
- 13% of our members are OPERATING SERVICE companies (or specialty services who are integral to or specifically geared towards the manufacturing industry)
- 20% of our members are PROFESSIONAL SERVICE companies
Key Benefits (depending on membership level):
- Your COMPANY is the member, providing access to any employee
- Free access to EACC events (except Gala and Beaujolais & More which require tickets for CONSUL members)
- Opportunities to create visibility for your brand and expertise:
- Operations Showcase events
- Thought Leadership articles
- An elite, diverse and highly-engaged community of professionals engaged in or supporting those engaged in Transatlantic trade
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EACC Cincy thanks our members, without whom we would be deprived of our rich community, fantastic diversity, extraordinary sense of engagement and humor, broad insights and knowledge base, and SO MUCH MORE.
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When you join the EACC Greater Cincinnati you open the door to a Transatlantic network of contacts and partners, all working towards facilitating and improving trade between our continents.
| | Want to learn more? See our flyer and email us. to schedule a chat. | | Our newsletter is sponsored by: | | | European American Chamber of Commerce Greater Cincinnati | 3 E 4th St | Cincinnati, OH 45202 US | | | | |
