U.S. M&A Activity Slows as Global Deals Boom Under Trump

Global mergers and acquisitions (M&As) surged in dollar value, reaching $702 million through April 28, a significant increase compared to the previous year. This trend contrasts sharply with U.S. M&A activity, which saw a substantial drop of 5.7% over the first four months of 2025. According to Dealogic data, this decline reflects an uncertain environment and the impact of President Trump’s economic policies.