Donald Trump’s election to the US presidency is supposed to cause a wave of imports to the US Stock Exchange and an explosion of investment and agreements, pushing the financial sector activity. Instead, the Donald Trump trade agreement has overturned Wall Street Dealmakers’ plans.

Five months after returning to the White House, Trump, with the sweeping trade war he launched, has “frozen” the acquisition and mergers agreements, with investment banks pointing out that it is unlikely that the climate will be reversed soon.

The giant of the ticket sale Stubhubthe Financial Technology Company (Fintech) Klarna and the rapidly growing trading platform etoro They recently frozen their plans to introduce the board.

At the same time, many business executives are cautious about making investment decisions, possibly foreseen a prolonged period of poor acquisitions and mergers.

“Everyone has completely paralyzed“, Notes West Riggs, head of shareholders in Truist Securities. “There should be calm and calm for some time. We talk for weeks or months – no days’ to change the climate, he added

The poverty of the acquisition and mergers industry shows that Trump’s dangerous moves on tariffs and the subsequent effort to conclude new trade agreements have put many business plans in the drawer.

After all, businesses are trying to calculate the impact that Trump’s duties could have on their supply chains, investments and their future profitability – as no one knows what will happen after the 90 -day suspension of the “mutual” duties announced by Trump last week.

Leading Wall Street executives even warn that the impact on acquisitions and mergers will not only affect the financial sector.

“This is not a Wall Street counter with Main Street,” BlackRock Managing Director Larry Fink said on Friday. “Market retreat affects the pension savings of millions of ordinary people,” he added.

And JPMorgan Chase CEO James Daimon – who “pulled Trump’s ear” last week warning of a possible US economy recession – told reporters on Friday that reducing acquisitions and mergers “It is not only about big but also medium -sized companies”.

Riggs warned that if gross capital capital investments were frozen, so will the recommendation and development of businesses.

Last week, the Delta Air Lines She took back her forecasts for the course and her sizes because of the duty of duty. For her part, the Walmartthe largest retail company in the world told investors that the range of increasing its operating profitability for the first quarter of use has been expanded.

Dimon even predicted that other businesses would follow that would change the forecasts for their sizes.

The Trump government, however, is not particularly concerned about the impact of duties on Wall Street – except for the purchase of bonds. Trump government officials by Finance Minister Scott Bessed to White House spokesman Caroline Levitt argue that duties are intended to boost business And not Wall Street.

“The president is determined to renegotiate trade relations worldwide on behalf of US workers,” Levit said at a press conference on Friday.

The impact on investment banks have not yet been evident. JPMorgan and Morgan Stanley announced strong profits for the first quarter on Friday, mainly due to the high performance recorded by their trading departments.

And despite the ominous disposition between investment banks, both companies saw the investment banking activities recover.

But markets remain unstable. THE S&P 500 completed last week with a rise of 5.7%but still negotiate nearly 13% lower than the high of February. The sale in US bonds, meanwhile, has continued in recent days. The yield on 10 -year bonds, which is inversely proportional to the price, amounted to almost 4.5% on Friday, while the 30 -year bond yield amounted to 5%.

In the field of acquisitions and mergers, bankers and investors expected that the Trump government – and its plans to deregulate and tax – would help to revitalize activity in 2025.

This is because the aggression of the antitrust authorities under the presidency, Joe Biden, was a constant thorn in companies that wanted to take over and for business capital companies. And the market for the original public bids (iPOS) was reset after the sell-off market in 2022, which sought many companies to enter the Stock Exchange due to concern for their valuations, according to Renaissance Capital’s senior strategy analyst, Matthew Kennedy.

However, the uncertainty of duties and the subsequent chaos that hit shares are forcing companies re -evaluate their plans.

“Nothing decreases the IPO market faster than increasing volatility,” Kennedy added.

The CBOE variability index, known as the Wall Street fear indicator, has recently reached the highest level since the start of the Covid-19 pandemic.

However, there are a large number of companies who want to enter the Stock Exchange and conclude agreements, experts say. During the briefing of investors on Friday, Morgan Stanley’s chief executive, Ted Pick, expressed optimism that the agreements would increase as soon as companies get a better picture of what is to come.

“Is it more difficult for some customers? Of course it is, and we need to see how they respond to it during the coming weeks and months, “Ped. “But we are still, let’s say, ” skeptical optimistic ” that we will not slip into recession, and we will just continue.”

But as to when the Transparency required for companies, a top Wall Street industrial group official will come, he said that this is finally depends on a single person: Trump.

“There is a decision -making manager,” he said. ‘They can’t do much [εκτός] of the Council of Ministers during this process, “he added.