For dealmakers, regulatory chaos would undercut Trump’s pro-business tilt

With any other president, promises of less regulation and lower corporate taxes would have Wall Street’s deal machine salivating at the prospect of a feeding frenzy. Not so with a potential Donald Trump presidency.

That’s because executives expect a Trump administration would also bring with it policy uncertainty, trade wars, protectionism, and inflationary pressures, which will slow down mergers and acquisitions activity, interviews with bankers, lawyers and consultants show.