As Trump administration directives emerge, it’s crucial for businesses and other stakeholders to stay informed and adapt their strategies accordingly. We will provide ongoing coverage of these developments and their potential implications.
Read on for our latest analysis.
Overview and Legal Implications | AI | DEI | Energy and the Environment | Intellectual Property | Life Sciences and Health Care | National Security | Tax | Trade Policy
Overview and Legal Implications
- The Trump administration’s executive actions present unique business and legal questions for the private sector. With the administration showing no signs of slowing down, the number and size of potential legal challenges are likely to grow.
Artificial Intelligence
DEI
- Two executive orders require federal agencies to terminate DEI programs and mandates, and rescind long-standing affirmative action requirements for federal contractors. Increased scrutiny of DEI efforts is expected even in the private sector.
Energy and the Environment
- The new administration is undertaking a significant shift in energy and environmental policy, and has put a hold on loans and grants disbursed under Biden-era clean energy investment and infrastructure laws.
Intellectual Property
- Few specifics have emerged so far, but appointments as well as proposed patent legislation could alter the shape of IP law. New AI policies, when they are revealed, will also likely affect IP.
Life Sciences and Health Care
National Security
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The new administration’s trade policy could impact national security, especially as it relates to investments in and imports from China, and technology export controls more generally. Foreign subsidies will also come under scrutiny.
Tax
- President Trump has withdrawn the U.S. from the OECD’s global tax agreement, halted funding for green energy initiatives and implemented a federal hiring freeze across executive departments and agencies.
Trade Policy
- President Trump has imposed tariffs on Canada, Mexico and China, though subsequent deals put the Canada and Mexico tariffs on hold. More detailed trade policy proposals are expected following agency reports that are due April 1.
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