Trump pulls soldiers from Germany as arms exports dip — Panjiva
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Trump pulls soldiers from Germany as arms exports dip

Coronavirus 511 Germany 267 Industrials - Aero/Defense 203 U.S. 5398

President Donald Trump will cut troop numbers in Germany, stationed as part of NATO functions, after criticizing German spending on defense. Increasing arms sales has been a key plank of Trump administration policy. Yet, year-to-date export approvals fell to $18.5 billion as of May 31 compared to $28.3 billion in the same period a year earlier. Over the past 12 months export approvals are 3% below those made in 2016. Export sales approved for Germany have been minimal since a $2.5 billion order for drones from Northrop Grumman in 2018 and a $401 million order for missiles from Lockheed M...

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