Except it might backfire if Europe understandably decides it must buy European.
- Shares of Starlink’s European rival Eutelsat have tripled. CEO says it can do the job in Ukraine. [1]
- Boost for German economy: Armaments sector picks up former car industry employees [2]
[1] https://www.marketwatch.com/story/shares-of-starlinks-europe... [2] (German only) https://www.n-tv.de/wirtschaft/Ruestungsbranche-sammelt-ehem...
Why do I hear strains of "Spring time for Germany" playing in my head?
"U.S. President Donald Trump complained Thursday that his country's decades-old security treaty with Japan is nonreciprocal, as he steps up pressure on allies to increase defense spending and buy more American products." [2]
It's about buying more American weapons.
[1] https://www.bloomberg.com/news/articles/2025-02-13/trump-tel...
[2] https://english.kyodonews.net/news/2025/03/fd3521d51353-upda...
He's an idiot if he really thinks that his actions will result in this.
European defense stocks are going parabolic right now.