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US President Trump says restrictions on defence companies is 'very free market'; Defence companies have not complained about restrictions

Newsquawk Staff ·

US President Trump says restrictions on defence companies is 'very free market'; Defence companies have not complained about restrictions.

What it means

President Trump's remarks suggest a supportive stance towards defense companies amidst existing restrictions, framing them as compatible with free market principles. This could indicate stability in defense spending and may keep equities, particularly in defense sectors, buoyant. Traders should watch for potential impacts on forex, especially if this position influences broader U.S. market sentiment or trade relations.

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