Tariffs, Budgets and Geopolitical Risk All at Once

févr. 28, 2025

In this episode, Roman Schweizer, geopolitics and defense analyst for TD Cowen Washington Research Group, discusses the unrelenting torrent of security and defense issues from Trump Administration and GOP Congress with a special extended version of our reporter roundtable. We cover the latest of the potential impact of Liberation Day tariffs on defense to the congressional budget process and outlook to events around the world and DoD's awards of its next-gen fighter programs.

Chapters:
1:15 "Liberation Day" April 2 tariffs & impact on defense program – aerospace products, steel & aluminum
8:10 Where are we at on the budget – FY25 CR details, GOP reconciliation & FY26 8% relook
9:15 Downsizing DoD – March 28 "Initiating the Workforce Acceleration and Recapitalization Initiative"
25:20 Signal Gate and Gmail Gate
32:30 CJCS confirmation hearing Tuesday for retired USAF Lt Gen Dan "Razin" Caine
38:38 Attacks in Yemen and potential Iran strikes with B-2s & 2 carriers in the region
42:40 F-47 award & potential F/A-XX award

This podcast was recorded on April 3, 2025.


Portrait of Roman Schweizer

Directeur général, Groupe de recherche de Washington – Analyste des politiques de défense et de l’aérospatiale, TD Cowen

Portrait of Roman Schweizer


Directeur général, Groupe de recherche de Washington – Analyste des politiques de défense et de l’aérospatiale, TD Cowen

Portrait of Roman Schweizer


Directeur général, Groupe de recherche de Washington – Analyste des politiques de défense et de l’aérospatiale, TD Cowen

back to top