Trump threatens US defence firms over executive pay, slow production

The US president demanded that defence contractors cap their executives’ pay until new production plants are built.

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United States President Donald Trump has issued a stern warning to defence contractors that supply the US military, accusing them of profiteering.

In a Truth Social post on Wednesday, he threatened to take action if the companies failed to take specific actions, including capping executive pay, investing in the construction of factories and producing more military equipment at a faster clip.

Trump threatens US defence firms over executive pay, slow production

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