Dealmakers Are Struggling to Make Sense of Trump’s Antitrust Policy
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A huge deal just received the greenlight from bank regulators. In another world, Capital One’s $35 billion acquisition of Discover getting the go-ahead would be a bullish signal for mergers and acquisitions. President Trump’s tariff war and his threats to fire Federal Reserve chief Jerome Powell are the main overhangs on the markets, chilling dealmaking into April.
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