A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Since the reimposition of 25% tariffs on imported steel and aluminum by President Donald Trump in early 2025, the U.S. shipbuilding industry has found itself at a critical juncture. Originally …
Ripple Effects: Steel Tariffs and U.S. Naval Shipbuilding Read More
President Donald Trump imposed retaliatory tariffs on imports from U.S. trading partners, arguing that existing foreign tariffs negatively impact U.S. manufacturers and employment. The intricate nature of global trade, characterized …
Trump, Tariffs and Defense Read More
A snapshot of recent news from sources around the world on the ongoing Russia-Ukraine war. Political Developments Ukrainian President Volodymyr Zelensky has claimed that at least 155 Chinese nationals are …
This Week in the Russia-Ukraine War (April 11) Read More
At a press event on Monday with Israeli Prime Minister Benjamin Netanyahu, President Donald Trump hinted at a defense budget request “in the vicinity” of $1 trillion for Fiscal Year …
Trump Teases $1 Trillion Defense Budget—But What Does That Actually Mean? Read More
After the start of the Russo-Ukrainian War, national governments suddenly realized that their weapons inventories were insufficient to meet the demands of a modern war. Of course, this situation has …
The Unspoken Cost of Rebuilding Western Arsenals Read More
A snapshot of recent news from sources around the world on the ongoing Russia-Ukraine war. Political Developments The Trump administration rolled out wide-spread tariffs on Wednesday, hitting nearly every country …
This Week in the Russia-Ukraine War (April 4) Read More
Denmark made waves on March 30, when the Defense Ministry announced an ambitious plan for the significant modernization of the country’s naval forces. As part of this new plan, the …
Denmark Unveils Major Naval Modernization Plan Read More
The global defense landscape is evolving, and NATO is at a pivotal moment. With discussions intensifying around raising the defense spending benchmark from 2% to 5% of GDP, this potential …
Beyond 2%: NATO’s Defense Budget Shift – Webcast Read More
Hanwha plans to establish an arms factory in Romania’s Dambovita county within two years, aiming to create a regional hub for the production, maintenance, and repair of its K9 and …
Hanwha to Build Arms Factory in Romania, Targeting European Hub Read More
A snapshot of recent news from sources around the world on the ongoing Russia-Ukraine war. Political Developments The Trump administration is still pushing for Kyiv to agree to a minerals …
This Week in the Russia-Ukraine War (March 28) Read More