On Wednesday, April 16th, Michal Katz joined Bloomberg’s The Close with Romaine Bostick and Scarlet Fu to discuss the tariff and regulatory impact on the M&A market and the reshaping of globalization.
While domestic M&A activity has declined, international and cross border deal volume is healthy. As to whether tariffs will significantly alter the mechanics of globalization, Michal said, “it’s going to be incredibly hard to completely unravel 40 years of the post-World War II economic order, but it is getting reshaped.”
The expectation is that once the economy finds its footing amid tariff upheaval, it will set the market up for better dealmaking ability in the second half of 2025 as the regulatory environment is more focused on reasonable outcomes than litigation.