🚨 Breaking News | Market Update 🚨
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Former U.S. President Donald Trump proposed a defense budget of $1.5 trillion for 2027, aiming to nearly double current spending. He emphasized that this increase could be funded through customs tariff revenues without raising taxes. 🇺🇸
He also delivered sharp criticism toward major defense industry companies such as Raytheon Technologies, highlighting slow production rates and high executive salaries. He suggested ideas like restricting profit distributions and imposing salary caps on executives if performance does not improve.
📉 Market Reaction:
Defense company stocks experienced significant volatility — Lockheed Martin shares initially declined before rebounding.
🗣️ Divided Opinions:
Supporters describe the plan as "peace through strength," while critics warn of rising debt and increased risks of war.
⚖️ The final decision remains undecided, as Congress holds the final say.