Unprecedented Wave of Bankruptcies Hits Major U.S. Firms in 2025
The U.S. is facing a severe bankruptcy crisis amid escalating financial and trade pressures.

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United States
Germany

United States

The U.S. economy is grappling with one of its toughest periods since the global financial crisis,
facing mounting pressures from all directions — including the escalating debt crisis,
the ongoing trade war with China, and rising tensions with allies over President Donald Trump’s aggressive tariff policies.
Now, the country is experiencing an unprecedented wave of corporate bankruptcies, the worst in 15 years.

According to data from S&P Global Market Intelligence, 371 large American companies filed for bankruptcy
in the first half of 2025 — the highest number since 2010.
This figure marks a significant increase from 335 filings during the same period last year,
and more than double the total from the first half of 2022.

In June alone, 63 companies declared bankruptcy, continuing the upward trend that saw 64 bankruptcies in May.
The hardest-hit sectors were industrials and consumer discretionary,
with 58 and 49 cases respectively, followed by healthcare with 27 filings.

This surge in bankruptcies is attributed to a combination of factors,
including sharp interest rate hikes, global supply chain disruptions,
reduced consumer spending by American households, and the fallout from trade policies and imposed tariffs.

Germany

Germany warns of Trump tariff fallout: A threat to both sides of the Atlantic.

German Economy Minister Katharina Reiche issued a warning on Saturday regarding President Trump’s threat to impose a 30% tariff on European Union imports, cautioning that such a move could inflict serious damage on both the U.S. and European economies.
She urged for a practical and swift resolution to avoid escalating the trade war.

Reiche stated that “the proposed tariffs would severely impact European exporting firms,
” while also noting that “the U.S. economy and consumers will not be immune from the consequences.”
She emphasized that the growing transatlantic trade tensions are jeopardizing economic stability
and called for an “immediate and constructive outcome to negotiations” to prevent broader economic harm.

Unprecedented Wave of Bankruptcies Hits Major U.S. Firms in 2025

Unprecedented Wave of Bankruptcies Hits Major U.S. Firms

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