This image posted on US President Donald Trump's Truth Social account on January 3, 2026, shows, L/R, CIA Director John Ratcliffe, President Donald Trump and US Secretary of State Marco Rubio at Mar-a-Lago in Palm Beach, Florida, watching a remote feed of the US military's mission to capture Venezuela's President Nicolas Maduro on January 3, 2026.- AFP
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Firstpost08-01-2026, 11:43

Trump Demands $1.5 Trillion Defense Budget, Eyes "Dream Military" Amid Global Pressure

  • Donald Trump proposes a 50% hike in the US defense budget to $1.5 trillion, aiming for a "dream military."
  • The massive spending increase, up from the current $901 billion, would be funded by tariffs, according to Trump.
  • The Trump administration has used the military for foreign policy, including seizing a Russian oil tanker in the Atlantic Ocean and an operation in Venezuela's capital.
  • Trump is pressuring defense contractors like Raytheon to increase investment and production, threatening to cut ties.
  • An executive order prevents military suppliers from linking executive pay to short-term metrics or issuing buybacks/dividends during underperformance.

Why It Matters: Trump seeks a massive defense budget increase, funded by tariffs, while asserting military power globally and demanding more from contractors.

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