The M&A market could potentially see a meaningful impact from the recent election victory of President Donald Trump due to his plans to reinstate or escalate several initiatives centered around deregulation, tax cuts, tariffs, and trade policies. While President Trump elected not to increase tariffs on day one of his presidency, he instead called for a study of U.S. trade relations with China, Canada, and Mexico and indicated that tariffs are still on the table for Canadian and Mexican goods starting February 1st. Potential tariff increases will be closely monitored due to their impact on global supply chains, as well as the uncertainty they create for business owners. While tariffs, once enacted, are expected to be negative for the broader economy, their impact on M&A will be more nuanced and targeted.
Middle Market M&A Update: Q4 2024