Past Event

US Trade Policy and Other Challenges a Trump Administration 2.0 May Bring to Transatlantic & Global Trade

Thu. February 20, 2025 08:30 am - 10:30 am !Greenberg Traurig Offices New York, NY 10017

Donald Trump’s reelection as president of the United States posts challenges for both U.S. and European companies doing business across the Atlantic. Specifically, given Trump’s plan to impose “universal baseline tariffs on most foreign products” to “reward domestic production” raises questions what tariffs will be imposed, and what businesses can do to protect themselves from the increased financial burden tariffs and possible retaliatory measures create?

As it is well known, Presidents in the United States have broad authority to impose tariffs and there are numerous legal authorities the Trump administration can rely on to impose them. These trade policy changes, esp. if they come in form of tariffs will most likely make supply chains more expensive and lead to new disruptions for global manufacturers.

Beyond tariffs, policy changes with the incoming administrations could include CFIUS, the work of the SEC, FTC, USTR and a variety of technology related regulations. Our panel will explore if we may be looking at a convergence between the world's largest trading partners and how some of these changes may affect the attractiveness of the US for foreign investors.

Our panel of trade experts will explore the following topics:

• What do we know so far about the Trump administration’s plans and how do they compare with already implemented actions esp. with respect to tariffs?

• What is the Trump administration's trade policy likely to look like overall and specifically towards the EU?

• What is the range of plausible outcomes for the administration’s tariff policy? Are large across-the-board tariffs and a 60% tariff on China on the table?

• How should Transatlantic companies prepare for the increased tariff environment?
> How can American companies contain and manage the risks? What duty mitigation strategies can importers use to reduce the increased duty exposure?
> What are the opportunities and challenges of European exporters?
> Can existing trade agreements (Mercosur or CETA) alleviate challenges for EU exporters? Are we likely to see an increase in new trade agreements that do not involve the US?

• What effects will the new administration have on the EU?
> What if any will be the effects of tariffs on the European economy?
> Which sectors will be most affected, is the IRA safe?
> What will the effects of new tariffs be on supply chain for European companies
> Will Europe retaliate if there are new tariffs? If so, how and to what extent?

• Navigating the impacts of Trump’s trade policies on global leadership
> How will supply chain disruptions create ripple effects across global markets? Which nations and industries will capitalize on these policy shifts?
> What impact would have on the competitiveness of nations if the Trump Administration puts lasting tariffs in place and these would mostly be retaliated by the targeted countries? How could that change global trade as we know it today?
> What shifts in regulatory policies, e.g. technology (AI etc) or privacy rules, Anti-trust & competition (incl. CFIUS), digital currencies, could reshape transatlantic business relations? How might strategic sectors, like the defense, tech, life science and food sectors, respond to these changes?

• Is the US more or less attractive as a market and location to do business after the election?

 

SPEAKERS:
• Eckart Gottschalk, Partner - Co-Head US Hub Office, CMS
• Ian Hunter, Director, OCO GLOBAL [Moderator]
• Laura Rabinowitz, Shareholder, GREENBERG TRAURIG
• Robert Sockin, Senior Global Economist, CITI

 

TIME:
8:30 – 9:00 AM Check-in | 9:00 – 10:15 AM Discussion | 10:15 – 10:30 AM Networking

 

REGISTRATION FEE:
EACCNY Members: Free
EACCNY non-Members: Free

 

Registration is closing at 2pm on February 19th, 2025.