President Donald Trump’s trillion-dollar request for defense in his fiscal 2026 budget request tells investors something: Trump’s peace through strength positioning isn’t bad for the industry. But the proposed spending levels might not lead to a bump for defense stocks just yet.

President DONALD TRUMP and Defense Secretary PETE HEGSETH have promised a $1 trillion defense budget. Their budget doesn’t deliver it — unless you squint. The plan the White House unveiled last week falls short unless Congress passes a one-time funding boost and includes spending from outside the Pentagon’s regular budget.

President Donald Trump released a budget request Friday that would dramatically slash some federal spending, the initial step in a monthslong process that will include heated debate on Capitol Hill as both political parties work toward a final government funding agreement.

"Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the U.S.A., are being devastated. This is a concerted effort by other Nations and,

President Donald Trump proposed on Sunday a 100% tariff on films produced outside the U.S. The move has made investors of major U.S. streamers and studios nervous, and stocks for companies like Netflix and Paramount slid.