President Trump's protectionist policies do no longer represent an obstacle for Mexican companies to decide upon mergers and acquisitions. According to Ernst & Young (EY), Mexican entrepreneurs have recovered their trust to invest in Mexico and complete acquisitions. There have been transactions valued at US$4.8 billion between January and May 2017, in contrast with the US$2.6 billion from last year, prior to the U.S. elections. According to EY, 56% of Mexican companies expect to complete acquisitions over the next 12 months. Moreover, 95% of companies have one to three transactions in their project pipeline.