Defence refers to the military activities undertaken by the US for the security and unity and against the invasion. The Defence concept includes major US-listed companies in the US defence national strategic high-tech industry chain.
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Is DOGE swinging a big knife toward the Pentagon? Trump threatens to cut military spending in half, causing U.S. defense stocks to be "greatly alarmed."
① Trump stated on Thursday that the USA may cut defense spending in half at some point in the future; ② His remarks caused a significant drop in US defense stocks; ③ It is noteworthy that Trump has sent conflicting messages about military spending during the 2024 campaign and the early period of his presidency.