Trump Administration and What it Means for Businesses Outside the US

President-elect Trump will be inaugurated as the 47th President of the United States on 20 January 2025 at noon.

The second Trump administration is expected to bring dramatic change in 2025 and beyond to U.S. economic, political, and foreign policy. This will significantly impact global companies. European companies will face particular challenges and complexities. New U.S. policies will be created in areas, including AI, crypto, defense, energy, environment, financial services, health care, national security, sanctions, tariffs, and tax policy. Final policy decisions have not been made and there is great uncertainty. Crowell & Moring is uniquely situated to read the tea leaves, to provide insights on the new Administration appointees and priorities, understand the legal, regulatory and policy landscape, and help companies plan for the year ahead. Several Crowell partners have had distinguished careers in different branches of the US government before joining Crowell. This includes Aaron Cummings who served as Chief of Staff to Republican Party U.S. Senator Chuck Grassley (R-IA) and Jim Flood who served as Counsel to Democratic Party incoming U.S. Senate Minority Leader Chuck Schumer (D-NY).   

On 23 January 2025 at 16:00 CET, Crowell will host a webinar on the new Trump Administration and what it means for businesses outside the US. It will focus, in particular, on the Trump Administration’s policy objectives, how they will be implemented, and the legal and real-world impacts. By the date of the webinar, the new Trump Administration is expected to have issued its first Executive Orders, and there will be more clarity on their scope and content.  

The potential impact on Belgian and European business cannot be overstated. To help us appreciate this properly from a Belgian point of view, we are honoured to have the Prime Minister of Belgium, Alexander De Croo, introduce the topic to our webinar attendees, before handing the program over to partners in Crowell’s Washington, DC office. 

16:00–16:10 
Introduction
Prime Minister Alexander De Croo

16:10–16:40 
Trump II 2025 – Summary of the Year Ahead
Aaron Cummings, Partner, Government Affairs
Jim Flood, Partner, Government Affairs

16:40–17:00
Trump Tariffs 2.0 – but what does it mean for Europe?  - A look back and a discussion of managing supply chain costs in 2025 and beyond 
Daniel Cannistra, Partner, International Trade

17:00–17:20
Energy Policies and Environmental Regulations: Reviewing the Trump 2.0 agenda on energy production, and environmental deregulations, and the potential benefits and challenges for international businesses operating in or with the U.S. 
Paul Freeman, Partner, Environment and Natural Resources
Tyler O'Connor, Partner, Energy

17:20–17:35
It’s not just about us - Chinese Retaliatory Action Impacting the EU: PRC Export Controls, Antiforeign Sanctions Law, Unreliable Entity List, Data Security/State Secrets Controls
Evan Chuck, Partner, International Trade

17:35–17:50
How will the Empire strike back: Potential EU retaliation to new U.S. new actions in particular in terms of tariffs, international agreements, regulations and sanctions
Vassilis Akritidis, Partner, International Trade

17:50–18:10
Pharma Industry: Medical product supply chain issues and medical product regulation (i.e. FDA/EMA)
Stephen Holland, Senior Counsel, Government Affairs

18:10–18:20
CFIUS and Outbound Investment – will it become harder to access the US market?  
Adelicia Cliffe, Partner, Government Contracts

18:20–18:30
Judicial Independence and International Arbitration: Has the reliability of the U.S. courts changed? - Evaluating the U.S. as a Seat Amidst Political Influences
Michael Guiffre, Partner, International Dispute Resolution

18:30
Q&A if Required