On Wednesday, April 2, 2025, President Donald Trump held a press conference to describe and sign an Executive Order (EO) establishing sweeping “reciprocal tariffs” on nearly all imports to the US, as outlined below....more
Welcome to the March 2025 issue of REIT Tax News. Below, we summarize five key developments impacting REITs this past quarter. Carried interest favorable taxation may be in jeopardy - On February 6, 2025, President Donald...more
3/24/2025
/ Artificial Intelligence ,
Carried Interest ,
Income Taxes ,
IRS ,
Real Estate Transactions ,
REIT ,
Steel Industry ,
Tariffs ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Tax Reform ,
U.S. Treasury
This regular publication by DLA Piper lawyers focuses on helping clients navigate the ever-changing business, legal, and regulatory landscape. FDA begins to rehire some employees, including some in the foods program. On...more
3/10/2025
/ Centers for Disease Control and Prevention (CDC) ,
Enforcement Actions ,
Executive Orders ,
Food and Drug Administration (FDA) ,
Food Safety ,
Hiring & Firing ,
Listeria ,
Poultry ,
Product Labels ,
Product Packaging ,
Public Health ,
Regulatory Freeze ,
Trump Administration ,
USDA
Just after midnight on March 4, 2025, President Donald Trump began to implement new tariffs on goods imported from Mexico, Canada, and China – the three largest trading partners of the US, accounting for over 40 percent of US...more
3/7/2025
/ Canada ,
China ,
Duties ,
Executive Orders ,
Imports ,
Mexico ,
Retaliation ,
Supply Chain ,
Tariffs ,
Trade Wars ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
Last week, President Donald Trump issued two Executive Orders (EOs) that address digital services taxes enacted by international trading partners and income taxes paid by US taxpayers to the People’s Republic of China (PRC),...more
2/25/2025
/ China ,
Executive Orders ,
Foreign Direct Investment ,
Foreign Tax Credits ,
Income Taxes ,
International Trade ,
Tariffs ,
Tax Planning ,
Tax Reform ,
Trump Administration ,
US Trade Policies
President Trump signs proclamations removing all exemptions, effective March 12, 2025 - Overview - President Donald Trump signed proclamations on February 10, 2025 to impose 25-percent tariffs on imports of steel and aluminum...more
Last week, the Trump Administration issued several Executive Orders (EOs) that paused enforcement of the Foreign Corrupt Practices Act (FCPA), allowed adjustment of steel and aluminum imports “in such quantities and under...more
On February 13, 2025, President Donald Trump issued a Presidential Memorandum directing a rapid review process to determine country-specific “reciprocal tariffs” for all US trading partners based on each partner’s perceived...more
2/17/2025
/ Foreign Policy ,
Foreign Trade Regulations ,
Infrastructure ,
Retaliatory Tariffs ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trump Administration ,
U.S. Commerce Department ,
U.S. Treasury ,
USTR
Last week, the White House issued two Executive Order (EO) updates delaying the imposition of 25-percent tariffs on both Mexico and Canada until March 4, 2025, stating in both EO updates: “In recognition of the steps taken by...more
2/11/2025
/ Canada ,
Executive Orders ,
Foreign Policy ,
International Trade ,
Mexico ,
OECD ,
Regulatory Reform ,
Retaliatory Tariffs ,
Tariffs ,
Tax Reform ,
Trade Relations ,
Trump Administration ,
US Trade Policies
A range of White House Executive Orders (EOs) are likely to impact tax and trade policy. In this alert, DLA Piper’s Tax and Trade policy team provides updates and insights on relevant policy developments from the week of...more
2/5/2025
/ Congressional Review Act ,
Executive Orders ,
Foreign Policy ,
Foreign Relations ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
OMB ,
Regulatory Agenda ,
Regulatory Reform ,
Tariffs ,
Tax Planning ,
Tax Policy ,
Tax Reform ,
Trade Relations ,
Trump Administration ,
U.S. Treasury ,
US Trade Policies
On February 1, 2025, President Donald Trump signed three Executive Orders (EOs) instituting sweeping new tariffs on all goods imported from Canada, Mexico, and China. President Trump enacted the tariffs pursuant to the...more
2/4/2025
/ Canada ,
China ,
Exports ,
Foreign Policy ,
Foreign Trade Regulations ,
Imports ,
Infrastructure ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
Retaliatory Tariffs ,
Supply Chain ,
Tariffs ,
Trade Retaliation ,
Trump Administration
Just hours after his inauguration on January 20, 2025, President Donald Trump issued a memorandum ordering federal agencies to conduct a comprehensive review of US trade policy, with particular attention devoted to US–China...more
1/28/2025
/ China ,
Executive Orders ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
National Security ,
Section 301 ,
Tariffs ,
Trump Administration ,
U.S. Commerce Department ,
USTR
In the final days of the Biden administration, US Customs and Border Protection (CBP) issued several notices of proposed rulemaking (NPRM) aimed at restricting use of the “de minimis” imports provisions of Section 321(a)(2)...more
1/22/2025
/ Biden Administration ,
Customs and Border Protection ,
De Minimus Quantity Exemption ,
Foreign Policy ,
Imports ,
National Security ,
NPRM ,
Proposed Rules ,
Reporting Requirements ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trump Administration
In the months leading up to his inauguration, President-elect Donald Trump has repeatedly signaled that he may impose various tariffs on US imports. Further, President-elect Trump has nominated several policymakers known for...more
1/16/2025
/ China ,
Foreign Policy ,
Foreign Trade Zones ,
Free Trade Agreements ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
Section 232 ,
Section 301 ,
Tariffs ,
Trade Relations ,
Trump Administration ,
USTR