New Delhi, Dec. 28 -- America's Factories Shutter as Trade Wars Trigger 15-Year Bankruptcy Peak

In the shadow of President Donald Trump's triumphant return to the White House, a stark economic reckoning is unfolding across America's industrial heartland and beyond. Corporate bankruptcies have surged to a 15-year high in 2025, with 717 large filings from January through November, rivaling the darkest days following the Great Recession. The culprit, according to S&P Global Market Intelligence and a sweeping Washington Post analysis, is a toxic cocktail of persistent inflation, sky-high interest rates, and the president's aggressive tariff regime, which has hammered import-dependent businesses with costs not seen in decades.

A Tsunami of F...