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Europe defence sector could get jolt from Trump election, Thyssenkrupp says
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Europe defence sector could get jolt from Trump election, Thyssenkrupp says
Nov 19, 2024 8:35 PM

ESSEN, Germany, Nov 19 (Reuters) - The election of

Donald Trump as U.S. president is likely to drive Europe's

defence sector, the CEO of Thyssenkrupp's warship division said

on Tuesday, pointing to the risk that outside support to the

continent's safety could be scaled back.

"You could assume that the pressure on the European Union is

going to increase," Oliver Burkhard told journalists at

Thyssenkrupp's annual press conference, adding he expected

Europe to "grow up" with regard to its own defences.

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