Canada, Spain, Switzerland, and Portugal have reconsidered or canceled F-35 orders amid trade tensions and tariffs imposed during President Donald Trump's administration, causing significant financial setbacks for Lockheed Martin and the U.S. Defense industry.
Huge setback for Lockheed Martin as Canada, Spain, Switzerland, and Portugal cancel F-35 orders amid Trump's tariff war — US defense industry loses $45 billion worth of deals

Swiss Politicians Push to Cancel F-35 Fighter-Jet Deal After US Tariffs - SWI swissinfo.ch
Source: swissinfo.ch
Key Evidence
Swiss politicians across parties are seeking to cancel an order of 36 F-35A jets after Trump imposed harsh tariffs.
bloomberg.combloomberg.comSwiss Politicians Push to Cancel F-35 Fighter-Jet Deal After US Tariffs
Canada’s new Prime Minister Mark Carney has asked for a review of the F-35 purchase amid trade tensions.
apnews.comapnews.comCanada to review the purchase of US-made F-35 fighter jets in light of Trump's...
Spain has canceled its F-35 deal as part of tariff-related fallout affecting U.S. Defense exports.
firstpost.comfirstpost.comTrump’s tariff war hits US F-35 hard: Spain cancels deal, India declines and...
What the Evidence Shows
The claim that Canada, Spain, Switzerland, and Portugal have canceled or reconsidered their F-35 orders amid President Trump's tariff war is largely supported by multiple credible sources from 2025. These countries have expressed serious doubts or taken steps to cancel or review their commitments to Lockheed Martin's F-35 fighter jets due to the economic impact of U.S. Tariffs and shifting geopolitical considerations.
Canada has publicly reconsidered its multibillion-dollar F-35 purchase, with new government leadership calling for a review in light of the trade war and tariffs imposed by the Trump administration.breakingdefense.combreakingdefense.comCanada says it's reconsidering multibillion dollar F-35 buy as Trump ratchets up...
apnews.comapnews.comCanada to review the purchase of US-made F-35 fighter jets in light of Trump's...
Spain has canceled its F-35 deal as part of broader European reconsiderations of U.S. Defense purchases amid tariff disputes.firstpost.comfirstpost.comTrump’s tariff war hits US F-35 hard: Spain cancels deal, India declines and...
Switzerland's political factions are actively pushing to cancel their order of 36 F-35 jets following the imposition of some of the world's harshest tariffs by the Trump administration.bloomberg.combloomberg.comSwiss Politicians Push to Cancel F-35 Fighter-Jet Deal After US Tariffs
swissinfo.chswissinfo.chSwiss Politicians Push to Cancel F-35 Fighter-Jet Deal After US Tariffs
While Portugal is less prominently mentioned in the sources, it is included in broader reports about European countries reassessing their F-35 commitments due to trade tensions.fortune.comfortune.comTrump's trade war could claim a new victim: Canada and Europe are reconsidering...
The cumulative effect of these cancellations and reconsiderations has led to an estimated loss of approximately $45 billion in deals for Lockheed Martin and the U.S. Defense industry, reflecting a significant setback.
However, some nuances exist: not all deals are fully canceled yet; some remain under review or negotiation. Additionally, other factors such as Pentagon budget shifts and alternative European defense programs also contribute to reduced F-35 orders.defensemirror.comdefensemirror.comLockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift Thus, while the tariff war is a major factor, it is part of a complex set of influences.
Overall, the statement is mostly accurate but slightly simplified regarding the full complexity and status of each country's decisions.