Trump is about to cost the US defense industry trillions of dollars .
The EU is proposing a $163 billion annual loan programme to shore up the defense capabilities of member states. There’s a proviso that anyone taking advantage of the loans will have to buy from European contractors.
Currently, 63% of EU defense spending goes to American suppliers. That $100 billion per year will be gone.
Genius.
Boru
The EU is proposing a $163 billion annual loan programme to shore up the defense capabilities of member states. There’s a proviso that anyone taking advantage of the loans will have to buy from European contractors.
Currently, 63% of EU defense spending goes to American suppliers. That $100 billion per year will be gone.
Genius.
Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax
