Dealmakers Eye $4 Trillion M&A Surge in 2025
Global M&A volumes in 2025 are expected to top $4 trillion, driven by pro-business policies under President-elect Donald Trump, though caution prevails amid tariff-induced market volatility and rate uncertainties.
Published on April 4, 2025
Dealmakers are projecting a record global M&A volume north of $4 trillion in 2025, buoyed by President-elect Donald Trump’s pro-business policies, which include promises of less regulation and lower corporate taxes. Investment bankers and M&A lawyers are optimistic as anticipated easing in antitrust enforcement and reduced regulatory burdens set the stage for increased corporate activity.
However, new developments hint at short-term market jitters. Reports from early April 2025 indicate that Trump's recent implementation of increased tariffs has led to some volatility in the financial sector, with U.S. banks and private firms experiencing declines. In response, Trump’s administration has taken steps—such as the establishment of the United States Investment Accelerator as noted on March 31, 2025—to streamline investments and further bolster dealmaking prospects, even as uncertainty around interest rates and global trade tensions tempers expectations.