Volume 51 I December 2024

Where Europeans & Americans Connect to do Business

December 2024

HAPPY HOLIDAYS TO EACC FLORIDA MEMBERS & FRIENDS

PICTURE OF THE MONTH

EACC Florida was honored to be on the Guest List for Japanese Consul General Kazuhiro Nakai's Farewell Reception on November 26. After three successful years developing strong business, trade and cultural ties between Florida and Japan, Kazuhiro Nakai departs Miami at the end of November to become Japanese Ambassador to Honduras. Consul General Kazuhiro Nakai is a good Friend of the EACC Florida and will leave his mark in our Sunshine State.

PAST EVENTS

Event hosted by

EACC Florida - Transportation, Logistics & Customs Task Force Meeting


On November 13, 2024, EACC Florida held the second meeting of its Task Force Transportation, Logistics and Customs. The event brought together experts and industry leaders for a fascinating exchange on Customs & Tariffs, What to expect after the US Elections.


The lively discussion was held under the Chatham House Rule and facilitated by Mark LUDWIG, National Trade Services Leader at RSM US and a recognized expert in supply chain and international trade matters.


Attended by EACC Florida Members, a few invited Friends and special guests from Messe Munchen in Germany, this second meeting reached its stated objective: to continue developing a space with a transatlantic focus where companies and professionals from the transportation, logistics and customs industry can exchange about specific issues at expert level and share best practices.


The next Task Force Meeting be held on February 26 2025.

Lovely Celebration for EACC Florida’s First Beaujolais Nouveau Day

Business Mixer!

Members and Friends braved Miami’s legendary evening traffic to join EACC Florida and Cozen O’Connor on Thursday November 21st for EACC Florida’s first Beaujolais Nouveau Day Business Mixer. The event was hosted by President’s Circle Member Cozen O’Connor in the Lobby of the Southeast Financial Center.


Guests met and mingled over tasty bites and were among the first to taste the Beaujolais Nouveau 2024.

As a special educational treat, Karine Malifarge, Owner of Mrs. Wine Agency offered insights into the history of the Beaujolais Nouveau, its cultural and gastronomic significance in France and across Europe, how it has become a “thing” in the US – including in business/monetary terms, and of course discussed the taste notes of the 2024 vintage of the wine.

We were also delighted to welcome two of EACC Florida's Young Voices from the Future to the event - Scylla Blervacq and Bryan Soudrain, Junior Chamber of Commerce Florida and a Member of the EACC Florida.


Event kindly hosted by

MEMBER & PARTNER EVENTS

December 5

10.00AM - 11.00AM

WEBINAR I Greenberg Traurig - Trump Administration Tariffs: Challenges and Opportunities for U.S. and Global Enterprises. Join Greenberg Traurig for a discussion on the roadmap President-elect Donald J. Trump’s administration may use to enact his aggressive tariff plan. Details here.

December 11

1.00PM - 2.00PM

WEBINAR I Cozen O'Connor I Navigating the Future of U.S.Immigration:

Updates and Policy Shifts for 2025. Join Cozen O'Connor for a discussion on potential changes to the U.S. immigration landscape and critical updates for 2025. Details here

Watch on YouTube

WEBINAR | Quarterly EU Economic Update - The New EU Economic Statecraft – Promoting European Growth, Competitiveness, and Security in the 21st Century. Watch here

CALENDAR OF EVENTS

TRANSATLANTIC NEWS

EU I The New von der Leyen Commission is Ready to start Working on 1 December. Speech by President von der Leyen at the European Parliament Plenary on the new College of Commissioners and its programme. Read here.


EU I EU to Launch Macroeconomic Globalisation Indicators. The new data will provide a deeper understanding of EU's global economic interactions and supply chains. They will also help to assess how the need for strategic autonomy aligns with the opportunities in the European single market. Read more.


EU I Foreign enterprises contribute notably to the EU economy. In 2022, 1% of EUmarket producer enterprises were under foreign control. More than half, 63%, were controlled by institutional units from other EU countries, while 37% were resident outside the EU. Read more.


EU-US I EU Commission plans to continue tech standardisation work with US. The European Commission will continue its standardisation work with the United States on a technical level in the framework of the Trade and Technology Council (TTC). Whether there is “political will” to continue the TTC in light of the US election result, “remains to be seen”. Read more.

US I Groundbreaking Framework for the Safe and Secure Deployment of AI in Critical Infrastructure Unveiled by Department of Homeland Security. This first-of-its kind resource was developed by and for entities at each layer of the AI supply chain: cloud and compute providers, AI developers, and critical infrastructure owners and operators – as well as the civil society and public sector entities that protect and advocate for consumers. Read more.


EU-LATAM I EU takes further action in Colombia frozen fries dispute. The EU has taken further steps to challenge Colombia’s tariffs on EU frozen fries by requesting the establishment of a compliance panel at the WTO. The decision comes after consultations between the parties proved unsuccessful. Read more.


EU-LATAM I Costa Rica y la Unión Europea lanzan 5 nuevos proyectos de Cooperación Triangular que contribuirán al desarrollo sostenible. Proyectos tienen un presupuesto de €826.378 en total, de los cuales €338.304 provienen del Fondo y €488.074 de contrapartidas. Read more.

MORE TRANSATLANTIC NEWS
Thought Leadership
MEMBER and PARTNER INSIGHTS

New Developments in Data Protection Law – New Guidelines and Opinions from the EDPB. The European Data Protection Board (EDPB) has recently (re)positioned itself on a number of controversial topics and published three new guidelines and opinions. Although these are not legally binding, they do have a significant influence on proceedings before the supervisory authorities and courts. Read more.


Navigating EU Foreign Subsidy Investigations. The EU has intensified its focus on foreign subsidies through the Basic Anti-Subsidy Regulation and Foreign Subsidies Regulation (FSR). The article focuses on the investigative processes and general strategies businesses can consider to prepare for potential EU investigations. Whether operating in the EU or entering the market, businesses should understand the differences and common themes in these cases should an investigation occur. Read more.


EU Court Ruling Expands Copyright Protection for International Works of Applied Art. This ruling reflects a significant shift regarding EU protection of the works of applied art originating outside of the EU. Read more.


Compliments Greenberg Traurig


Hurricane Coverage Ruling Clarifies Appraisal Scope In Florida. The article discusses a recent decision by the U.S. District Court for the Middle District of Florida, Wood v. GeoVera Specialty Insurance Co. The court affirmed that unambiguous policy limits remain enforceable even when an appraisal award exceeds those limits.[1] The decision clarifies the scope of appraisals and reinforces the boundaries between valuation and coverage — a distinction that provides valuable guidance for insurers handling post-catastrophe claims. Read more.


Compliments Cozen O'Connor


Uncovering the complexities and opportunities of qualified small business stock. Qualified Small Business Stock (QSBS) is a powerful but complex tax incentive that can offer significant benefits to small business investors. While it presents attractive tax-saving opportunities, QSBS also comes with stringent requirements and potential risks. This overview explores the advantages and challenges, emphasizing the importance of professional guidance in navigating this area of tax law. Read more.


Compliments Kaufman Rossin


Where Are My Chips? Avoiding and Resolving Disputes in the Chip Industry. If you subscribe to the view that Artificial Intelligence (AI) is going to change life as we know it, then you will have a vested interest in the semiconductor industry. Semiconductors, or chips, are the workhorses behind AI and nearly every modern digital technology. Chips are so vital that they have been described as the “oil of the 21st century”. Read more.


Compliments Squire Patton Boggs


Effective tariff planning for a second Trump administration. President-elect Donald Trump has expressed intent to increase tariffs during his second term, which could significantly impact most importers, particularly those dealing with goods from China. Although it is difficult to anticipate the specific tariff increases Trump plans to pursue—partly because he mentioned a wide variety of trade targets and tariff ranges during his campaign—importers may contend with increased costs that could disrupt supply chains. Fortunately, companies may benefit from several tariff reduction strategies to mitigate the impact by reducing or eliminating costs and improving cash flow. Read more.


Compliments RSMUS

NEW MEMBER SPOTLIGHT

Welcome to New Member ADVNTBLANKET!

EACC Florida is delighted to welcome AdvntBlanket as a new Corporate Member!


In their own words:


We are a pioneering technology solutions provider dedicated to helping businesses across sectors — legal, healthcare, insurance, automotive, and more thrive in the digital era. Our mission is to deliver secure, innovative, and integrated solutions that streamline operations, enhance security, and drive intelligent growth.


Our unique “Technology in a Box” approach combines an ecosystem of offerings designed to address the diverse needs of modern businesses, making advanced technology accessible and affordable. Each core solution supports a critical aspect of digital operations, empowering organizations to operate more efficiently, connect with customers, and protect their digital assets.

Our vision is to empower businesses with seamless, secure, and intelligent technologies, enabling them to thrive in an interconnected digital world. With a focus on innovation and security, we leverage strong partnerships to deliver ‘technology in a box’ solutions across diverse industries, redefining how companies connect, operate, and grow.


Our mission is to deliver comprehensive, secure, and innovative technology solutions that empower businesses to connect, operate, and grow seamlessly. Through our ‘technology in a box’ approach and strategic partnerships, we provide tailored solutions that streamline operations, enhance security, and drive intelligent growth across diverse industries



Information: https://www.advntblanket.com/

Welcome to New Corporate Member FRAGOMEN!


EACC Florida is delighted to welcome FRAGOMEN as a new Corporate Member


In their own words:


Established in 1951, Fragomen has grown from a respected domestic U.S. immigration law practice to a truly global organization. Our people are as intelligent and driven as they are passionate and caring. We work in a fast-paced, dynamic and forward-thinking environment with talented professionals who share pride and enthusiasm for what they do.


Website: https://www.fragomen.com/offices/miami.html

NOW is the Perfect Time to Join!

Recommend EACC Florida to a Client or Business Partner

EACC is a Connector
We open doors for our members across our chapter network on both sides of the Atlantic and we keep you informed on the relevant issues affecting your business.
 
Members of the EACC network enjoy:
  Access to our network of high-level business executives & our unique referral service
  Invitations to exclusive seminars & a direct exchange with transatlantic experts
  Visibility for your organization & opportunities to showcase your thought-leadership
  The ability to make a difference & actively engage in the Trans-Atlantic business dialogue


Meet the EACC Network

Our Members are Part of Something Bigger


Together with its sister chapters, EACC Florida is part of a growing and highly dynamic transatlantic network reaching over 10,000 executives in the US and across Europe. With over 750 members, the EACC is a valuable resource for any size business. If you would like to get involved, let us know. 
Founding Members / President's Circle
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