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Defence Stocks Soar After Donald Trump Signals 50pc US Spending Hike

US president Donald Trump's suggestion that he will request a roughly 50pc increase in the US military budget has fuelled a global rally in weaponry makers, the latest leg of a strong start to a year that looks set to be dominated by geopolitical conflict.

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Frankfurter Allgemeine broke the news in Frankfurt, Germany on Thursday, January 8, 2026.
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