US President Trump signed an order to identify and fix potential national security vulnerabilities by requiring defence contractors to screen their supply chains, aims to stop weapons makers from working with certain foreign suppliers including China

US President Trump signed an order to identify and fix potential national security vulnerabilities by requiring defence contractors to screen their supply chains, aims to stop weapons makers from working with certain foreign suppliers including China.

This executive order reflects escalating concerns over national security and supply chain vulnerabilities, particularly targeting Chinese suppliers in the defense sector. The implications could ripple through various asset classes, likely strengthening the USD as investors seek safe havens, while geopolitical tensions may increase volatility in equities and commodities, notably energy and gold.