Series
Commercial Implications of Tariffs, Trade Policy, and Changes in Law
The Trump Administration has embarked on an ambitious agenda that is reshaping global trade and many domestic policies. Existing contracts may be impacted, particularly where the cost of performance has increased or become more difficult due to tariffs, supply chain disruptions, material or equipment shortages, or changes that impact a project’s funding or financing. Companies are exploring their contractual rights, as many face substantially different circumstances today than when their contracts were signed. Force majeure, change in law, and material adverse change clauses are among the principal clauses that may be applicable to these issues. Each situation presents its own unique set of facts, which must be considered in the context of the contract language and governing law. We are dedicated to keeping our clients informed about commercial issues flowing from executive actions. Visit this page frequently for timely insights and subscribe to our mailing list to receive updates direct to your inbox.
Thought Leadership
The year 2025 saw significant regulatory activity in the realm of digital assets. The US Congress and financial regulators took steps to create and implement a clear legal framework to facilitate financial transactions using digital assets, and they will continue to do so in 2026.
On 20 February 2026, the US Supreme Court issued its decision in Learning Resources, Inc. v. Trump, consolidated with Trump v. V.O.S. Selections, Inc., addressing whether the President has authority under the International Emergency Economic Powers Act to impose tariffs.
As generative AI (GenAI) tools become embedded in legal and business workflows, courts are grappling with questions regarding how attorney-client privilege and the work-product doctrine apply to GenAI data, including prompts, outputs, and activity logs.
In this article, Dr. Jan Boeing and Arnaud Dobelle outline the key milestones of the new regulatory framework, its interplay with financial sector rules such as DORA and PSD2, and what the upcoming Digital Omnibus proposal means for organisations deploying AI in Europe.