KEY POINTS

  • Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.
  • Trump has sent mixed messages on military spending throughout his 2024 campaign and in the early days of his presidency.
  • Queen HawlSera@lemm.ee
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    4 days ago

    If he actually halves Pentagon Spending, that would be… the first good deed he’s ever done.

    • answersplease77@lemmy.world
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      4 days ago

      He never will. He sent a message for weapon manufacturer CEOs to chip in, and off course they will gladlyl buy him just like how silicon techies did

      • tempest@lemmy.ca
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        4 days ago

        Exactly, this is just fishing for a bribe, just like the tariffs. Bribe Trump enough and your program or industry will get a loop hole or passed over for 6 months or whatever.

    • bitchkat@lemmy.world
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      4 days ago

      I can see him doing away with seasonal clock shifts by accident at some point.