A Trump Win Could Be Costly For Boeing And Aerospace & Defense

Contributing sentiments towards policy:

47% : Trump and his supporters claim doing so would bring manufacturing back to the United States.
45% : "At the very least, there's going to be a profound period of uncertainty between what Trump says he wants to do and what Congress may allow him to do," said Byron Callan, an aerospace and defense analyst with Capital Alpha Partners.
40% : 'There's going to be a profound period of uncertainty between what Trump says he wants to do and what Congress may allow him to do.'The U.S. got a taste of the damage that tariffs wreak after the Trump administration imposed a 25% tariff in 2018 on most steel imports and a 10% levy on aluminum.
40% : Congress has delegated authority to the executive branch to impose tariffs and could potentially reign Trump in.
38% : On the campaign trail, Trump has promised to enact sweeping tariffs on imports that would ignite trade wars that could make those waged in his first administration look like a water gun fight.
31% : If Trump were to halt U.S. support for Ukraine if he regains the White House, leaving Europe threatened by a mobilized Russian military, it would further supercharge European military spending, said Callan, but it would likely increase urgency to do so with its own defense contractors.
19% : Trump's last acting defense secretary, Christopher Miller, has claimed the defense budget could be cut by half, while Trump has promised to bring billionaire Elon Musk into his Cabinet to slash federal spending.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.