x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Sports shape individuals, play vital role in nation-building: LG Sinha | Differences emerge in Cong over party's role in budget session | Digital arrest horror drains elderly couple of Rs 48 lakh | Infiltration biggest challenge for Bengal: PM Modi | PM flags off India’s first Vande Bharat sleeper train | Use technology for welfare of society: Bhagwat | Al-Falah University hired doctors without police verification: ED | Ex-Police employee booked for duping aspirants of Rs 23 lakh | Tourist arrivals picking up in J&K: Chief Secy Atal Dulloo | Republic Day Parade: 30 Tableaux to roll down Kartavya Path | ‘Air pollution increases risk of eye infection’ | 4 Kg Charas recovered, 3 arrested | Rashtrapati Bhavan to remain closed for public visits | IMD forecasts spells of wet weather | Rs 1,975.16 lakh approved for ‘Tawi Bridge’ | Basant Panchami celebrations commence at Mathwar Dev Sthan | Pradeep Sharma called Rohingya, Bangladeshi illegal immigrants a threat to the country | UCO Bank reports strong financial performance for December 2025 Quarter | Valour, sacrifice of Namdhari sect to be remembered: Hardeep Singh Mundian | Silence as Inner Discipline, Scientific and Spiritual Energy | Organic fruit farming: A pathway to safe food, healthy soil, farmer prosperity | Stadium to Classrooms | Surinder Choudhary, Satish Sharma inaugurate border sports festival 2026 at Nowshera | DFCCIL: Review meeting on the Vaitarna-JNPT section concludes | Four years after sewerage works, Ekta Vihar -Rehmati Road in Udhampur remains in shambles | Sakeena Itoo addresses National Technical Conclave on ISM | Amit mentions Census 2027 a founding pillar of Viksit Bharat | Reasi police arrests drug peddler | Information Veterans moun demise of their colleague, Thakur Singh | Gupta assures women's delegation of continued development push and tourism boost for Border Belt of Jammu District | Samba police recovered stolen ‘Khair’ wooden logs | DIG Udhampur-Reasi range and SSP Udhampur decorate newly promoted selection grade constables | S. Manjit Singh urges Industries Dept to allot plots to Jatts | CJ praised UP, said - Whichever state I go to, I will give UP government's example | Haryana and British Columbia Explore Strategic Cooperation in Clean Energy, Trade and Technology | Strict action against land lease irregularities: Chief Minister | Digital policing strengthens citizen safety and transparency - ACS Home, Dr. Sumita Misra | Street Play - Raises Awareness on Global Interventional Radiology Day- 16th January | Udhampur Police books violator for using VPN on mobile phone | War memorial set up in JK's Rajouri to honour fallen heroes of Operation Sindoor | NIA court refuses to discharge accused linked to gangster Dawood Ibrahim's aide in FICN case | Delhi Traffic Police issues over 2,100 challans during Jan 16 enforcement drive | 'Ram Katha' living medium for disseminating timeless values: Vice President | JK BJP holds meeting in Jammu ahead of national president election | Director Information, DIPR Employees condole tragic demise of former officer Thakur Singh | 1 missing girl traced and reunited with family by Jammu (Rural) police in Pargwal area | CM digitally releases over Rs. 858 crore under key welfare schemes; Major Push to Women Empowerment, Farmers' Prosperity and Household Welfare | Educational institutions must actively nurture sporting talent: CM Yogi | Samrat Singh wins historic gold medal at 39th Sub-Junior National Taekwondo Championship | ICCR Zonal Director visits National Institute of Ayurveda, Panchkula | 3rd Chancellor's Trophy (Men & Women) Championship 2025-26 tnters third day at University of Jammu | GDC Thannamandi concludes two-week capacity building training course under Mission YUVA | 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