Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Brendan Rascius

Bankruptcies soared to a 15-year high in 2025 as companies struggled to cope with Trump’s trade wars

Corporate bankruptcies soared to a 15-year high in 2025 as companies struggled to cope with President Donald Trump’s trade wars, among other factors, according to a new report.

No fewer than 717 companies filed for Chapter 7 or Chapter 11 bankruptcy between January and November, according to S&P data reviewed by The Washington Post. This marks a 14 percent increase from the same period in 2024 and the highest rate since 2010, when the country was recovering from the Great Recession.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.