x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Amit Shah sets one-year deadline for 100% implementation of new criminal Laws | Reasi police seize 4,080 pregabalin capsules; one person apprehended | Samba police cracks murderous attack case at Supwal, arrests accused within hours | BIS raids Jalandhar unit, seizes 80 non-certified hand dryers | FSSAI Notice To Delhi's 5-Star Hotels JW Marriott, Andaz For Hygiene Issues, Cockroaches On Premises | 'Politically Motivated, Highly Malicious': India Denounces UN Racial Discrimination Committee Remarks | NCB busts cross-border Heroin Cartel in Jammu; mastermind among 3 arrested with 5.16 Kg Heroin | Delhi Police arrests Lawrence Bishnoi aide Deepak Khatri at IGI Airport | Samba police cracks down on drug supply chain, arrests two backward-linkage drug smugglers | JMC to transform historic Diwan Mandir Auditorium into Modern Community Facility | Syed Altaf Bukhari urges youth to pursue entrepreneurship, calls for stronger government support | Doda police solve theft case; accused arrested and stolen property recovered | L-G VK Saxena inaugurates 2nd Suru Summer Festival virtually | Samples Fail Food Safety Tests; 1,545 Quintals Ordered for Replacement in Kishtwar | India's Rising Exports Reflect PM Modi's Vision of a Strong, Self-Reliant and Globally Competitive India: Gulam Ali Khatana | University of Jammu hosts workshop on entrepreneurship and commercialization via RAHI | Amar Kshatriya Rajput Sabha Samba raises strong voice against UGC equity regulations 2026 | Exposure visit of Udhampur farmers organised at KVK Reasi | NHAI conducts detailed technical examination of incident during Expressway Corridor Construction in Samba | Chari Mubarak marks culmination of Shri Budha Amarnath Ji Yatra 2026 in Poonch; Deputy CM, Legislators participate | Over 76 lakh women registered under Mawan Dheeyan Satkar Yojna: Punjab CM Mann | Six killed, 17 injured as private EV bus hits truck in Telangana; PM Modi condoles | DDC Reasi reviews vulnerable road stretches, calls for timely restoration | Free Breast & Cervical Cancer Screening Camp Organized | MY Bharat Kishtwar hosts Khelo India dialogue on August 27 | Political drama by those responsible for ruining J&K will serve no purpose: Sagar | ACB seeks sanction to prosecute suspended sessions judge in bribery case | Truck drags 2 on-duty traffic cops for over 50 metres after hitting bike | Drugs valued at Rs 3.4 crore seized at Pune railway station | Achievable Goal | Cong leaders urge high command to reconsider stand on joining ministry | Srinagar jailbreak case: 2 POCSO accused traced, arrested in Rajasthan | 6 dead, several injured in Poonch accident | Job offer or trap? Police sound cyber fraud alert | Nepal Floods: 105 Indians, 37 NRIs among 400 missing | SC seeks Centre’s response on plea by OCI card holder to visit J&K | DRDO successfully tests high-altitude combat parachute system in Ladakh | Khelo India Dialogue: PM Modi to motivate youth to take up sports | UGC-NET results this week: NTA | Nitishwar Kumar gets extension till Aug 2027 | Gold price rises to Rs 1.62 lakh/10 Gm | J&K Police attach house under NDPS Act | Rakhi Becomes a Pledge for Women’s Dignity, Freedom and Empowerment | Can Mindfulness Ease Stress and Pain? | Back Issues  
 
news details
Tariff blowback: After India, Switzerland, Spain also scrap US defence deals
8/11/2025 12:02:24 AM
Sandeep Bhat
Early Times Report

Jammu, Aug 10: U.S. President Donald Trump’s hardline tariff policies and controversial NATO funding demands appear to be backfiring, with growing evidence that they are hurting both American consumers and U.S. defense firms. A series of recent developments suggests that key foreign buyers are pulling out of multi-billion-dollar arms deals amid increasing unease over Washington’s trade posture and geopolitical pressure tactics. While U.S. citizens continue to feel the pinch of rising prices due to tariff hikes, American defense giants are now facing setbacks in lucrative overseas contracts — particularly involving the F-35 fighter jet, one of the cornerstones of the U.S. military-industrial complex.
According to multiple reports, both Spain and Switzerland have reportedly withdrawn or reconsidered their plans to purchase U.S.-made F-35 jets, citing concerns over tariffs, national sovereignty, and Trump’s assertive approach to NATO.
In a significant blow to U.S. defense exports, Spain has confirmed it will not proceed with purchasing F-35s, opting instead to strengthen its fleet of Eurofighter Typhoons and invest in the Future Combat Air System (FCAS) — a joint European initiative with France and Germany.
Madrid's decision comes amid a broader push to channel its €10.5 billion increase in defense spending toward European manufacturers, with plans to expand the Typhoon fleet to 115 aircraft. The Spanish government expects to receive 25 new jets between 2026 and 2030.
Spanish Prime Minister Pedro Sánchez also dismissed Trump’s proposal for NATO allies to raise defense spending to 5% of GDP by 2035, calling it “unreasonable” and affirming the need for European strategic autonomy.
“Only Europe will know how to protect Europe,” Sánchez stated, in a direct rebuke of Washington’s dominant role in NATO.
Trump, in turn, labeled Spain’s position as “very unfair”, and hinted at possible trade retaliation, further straining transatlantic ties.
Switzerland’s $9.1 billion deal to purchase 36 F-35 jets, initially signed in 2021, is also under threat due to escalating trade tensions. Reports indicate growing opposition within the Swiss Parliament, fueled by Washington’s imposition of steep tariffs on Swiss exports — including a 39% duty on high-value items such as watches and coffee capsules.
The duties, introduced after the collapse of U.S.–Swiss trade talks, represent some of the highest tariffs levied on any developed nation and have provoked political backlash in Bern. The souring trade climate has now cast doubt over the finalization of the F-35 order, with some lawmakers calling for the contract to be scrapped altogether.
Trump’s aggressive trade policies and demands for NATO allies to increase defense spending have not only triggered economic consequences at home but are also seen as eroding trust among key U.S. partners. By linking trade negotiations with defense cooperation and imposing tariffs on allies, Washington risks pushing countries away from American defense platforms and accelerating the shift toward European defense self-reliance.
Analysts warn that these setbacks could have log-term implications for the U.S. defense industry, particularly for the F-35 program, which relies heavily on international sales to sustain its vast production and maintenance ecosystem.
As Trump eyes another presidential run in 2024, critics argue that the fallout from his first-term trade and defense policies is still unfolding — and may prove costlier than expected for America’s global standing and economic interests.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU