US defence groups miss out on global stock rally amid Trump's Pentagon
cuts

Fears over spending come as European groups' shares soar on White
House's threat to cut support for region's security

Paywall
https://www.ft.com/content/1ea4a5d6-c8a9-4a87-8e3a-9a7c084d1a77

I believe Trump's rhetoric failed...Europeans will not buy US arms
unless they have to.

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