Trump’s trade war may have a new casualty: Canada and Europe are reassessing their plans to purchase $150 million fighter jets from Lockheed Martin.
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Trump’s trade war may have a new casualty: Canada and Europe are reassessing their plans to purchase $150 million fighter jets from Lockheed Martin.
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It’s interesting to see how Trump’s trade policies have had ripple effects beyond the U.S. The reconsideration of the $150 million Lockheed Martin fighter jets by Canada and Europe highlights the interconnected nature of global trade and defense procurement. If countries perceive that tariffs or trade wars could lead to increased costs or instability in their supply chains, they’re naturally going to rethink their decisions. It might also prompt them to explore partnerships with other manufacturers or invest in domestic defense industries. This situation underscores the importance of stable trade relations for military procurement, as defense spending is often tied closely to geopolitical considerations. What do you think the long-term implications might be for U.S. defense contractors if this trend continues?