US defence stocks get left behind

The US is suspending military aid to Ukraine, Chevrolet Silverado’s complex supply chain leaves it particularly vulnerable to a looming trade war, and Eurozone inflation has fallen for the first time in four months to 2.4 per cent. Plus, US defence stocks are being left behind.

Mentioned in this podcast:

US suspends military aid to Ukraine

How Donald Trump’s tariffs threaten an iconic US pick-up truck

Eurozone inflation falls to 2.4% as underlying price pressures ease

European defence shares jump as blistering rally gathers pace

US defence groups miss out on global stock rally amid Trump’s Pentagon cuts

Credit: @ChevyPH

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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