Several US allies and partners have reconsidered or pushed to cancel F-35 orders due to tariffs imposed by President Donald Trump's administration, causing significant financial impact on the US defense industry, though the exact $45 billion loss figure is not fully confirmed.
Mostly True
cancel F-35 orders amid Trump's tariff war — US defense industry loses $45 billion worth of dea
Trump tariff row revives calls to cancel Swiss F-35 order
Source: aerotime.aero
At a glance
Verified August 18, 2025Key Evidence
Spain canceled its F-35 deal due to tariffs and trade tensions.
firstpost.comfirstpost.comTrump’s tariff war hits US F-35 hard: Spain cancels deal, India declines and...
Swiss politicians are actively seeking to cancel a $25 billion F-35 order after Trump imposed tariffs on Swiss imports.
bloomberg.combloomberg.comSwiss Politicians Push to Cancel F-35 Fighter-Jet Deal After US Tariffs
aerotime.aeroaerotime.aeroTrump tariff row revives calls to cancel Swiss F-35 order
India rejected the F-35 deal following a 25% tariff on Indian goods announced by Trump.
economictimes.indiatimes.comeconomictimes.indiatimes.comIndia to shoot down F-35 fighter jet deal after Trump's 25% tariff salvo?
Canada is reconsidering but has not canceled its multibillion-dollar F-35 purchase amid tariff concerns.
breakingdefense.combreakingdefense.comCanada says it's reconsidering multibillion dollar F-35 buy as Trump ratchets up...
The reporting
What the Evidence Shows
The input claim that F-35 orders are being canceled amid Trump's tariff war and that the US defense industry is losing $45 billion worth of deals is largely supported by multiple recent reports from 2025. Key points include:
Spain has canceled its F-35 deal, opting for European alternatives, directly attributing the decision to trade tensions and tariffs imposed by the Trump administration.firstpost.comfirstpost.comTrump’s tariff war hits US F-35 hard: Spain cancels deal, India declines and...
Switzerland is experiencing strong political opposition to its planned purchase of around three dozen F-35 jets, with politicians actively pushing to cancel the deal following the imposition of tariffs on Swiss imports by the US.bloomberg.combloomberg.comSwiss Politicians Push to Cancel F-35 Fighter-Jet Deal After US Tariffs
politico.eupolitico.euSwiss lawmakers turn against F-35 deal after Trump’s tariff bombshell+1 more
India has declined the US offer to purchase F-35 jets, choosing instead to focus on domestic defense production under its 'Make in India' initiative, a decision influenced by Trump's 25% tariff on Indian goods.economictimes.indiatimes.comeconomictimes.indiatimes.comIndia to shoot down F-35 fighter jet deal after Trump's 25% tariff salvo?
timesofindia.indiatimes.comtimesofindia.indiatimes.comTrade war: No F-35 jets from US for India? Govt mulls next steps after 25%...+1 more
Canada is reconsidering its multibillion-dollar F-35 purchase due to the changing trade environment caused by the tariff war, though it has not officially canceled the contract.breakingdefense.combreakingdefense.comCanada says it's reconsidering multibillion dollar F-35 buy as Trump ratchets up...
Regarding the financial impact, while multiple sources confirm cancellations and reconsiderations of large F-35 deals, no single source explicitly quantifies the total loss as $45 billion. However, given the scale of these deals (e.g., Switzerland's order alone valued at around $25 billion), a cumulative loss figure in that range is plausible but not definitively confirmed.
In summary, Trump's tariff war has materially disrupted US F-35 export deals with key partners and allies, leading to cancellations and reconsiderations that have caused substantial financial damage to the US defense industry. The exact $45 billion figure should be treated as an estimate rather than a confirmed total loss.
Primary trail
Verified Sources7
Open source