Tariffs & Trump: Europe Rethinking F-35 Buys
Swiss lawmakers urge their government to reconsider a $6 billion purchase of F-35s after the US slapped punitive 39% trade tariffs on the country. A growing number of European countries are questioning the reliance of the US as a defense and trade partner. Last week, the Spanish government confirmed it was no longer looking at the F-35 for its air force modernization but would spend that money in Europe instead.
Budget Adds $150B for Defense
A GOP-led budget resolution adds up to $150 billion for defense without resolving where that money goes, how to cut up to $1.5 trillion elsewhere while extending previous Trump-era tax cuts, or raising the debt ceiling.
