Trump orders review to strengthen U.S. defense industryWASHINGTON (Reuters) - President Donald Trump signed an executive order on Friday initiating a government-wide review of the U.S. defense industry and suggest changes to strengthen it. The review is intended to identify and address potential weak points in the defense manufacturing base including  companies that could go out of business and leave gaps in the supply chain for U.S. weapons systems, said Peter Navarro, the White House National Trade Council director. The executive order asked for recommendations on possible  legislative, regulatory and policy changes that would improve and support the defense industry, calling it a “significant national priority”. “America’s defense industrial base is now facing increasing gaps in its capabilities,” Navarro said. “There’s just one company in the U.S. that can repair propellers for Navy submarines,” he added in a briefing with reporters. Defense analyst Howard Rubel of the investment bank Jefferies & Co said the free market has so far done a reasonably good job. “We don’t want to invest in buggy whip suppliers just because there is only one (supplier).” He added that it is important to recognize that the United States can sometimes buy more cheaply from its allies. The review mandated by the executive order will be led by the Pentagon and conducted in concert with the Department of Labor and the Department of Homeland Security as well as other government agencies. Skilled labor is also a big part of the huge military buildup Trump has promised to project American power. Industry has already shown initiative in addressing the skilled labor shortage, including in the metals trades, Navarro said in his remarks. politicsNews
trump orders review strengthen defense industrywashington reuters president donald trump signed executive order friday initiating review defense industry suggest changes strengthen the review intended identify address potential weak points defense manufacturing base including companies could go business leave gaps supply chain weapons systems said peter navarro white house national trade council director the executive order asked recommendations possible legislative regulatory policy changes would improve support defense industry calling significant national priority america defense industrial base facing increasing gaps capabilities navarro said there one company repair propellers navy submarines added briefing reporters defense analyst howard rebel investment bank jefferies co said free market far done reasonably good job we want invest buggy whip suppliers one supplier he added important recognize united states sometimes buy cheaply allies the review mandated executive order led pentagon conducted concert department labor department homeland security well government agencies skilled labor also big part huge military buildup trump promised project american power industry already shown initiative addressing skilled labor shortage including metals trades navarro said remarks politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Trump orders review to strengthen U.S. defense industryWASHINGTON (Reuters) - President Donald Trump signed an executive order on Friday initiating a government-wide review of the U.S. defense industry and suggest changes to strengthen it. The review is intended to identify and address potential weak points in the defense manufacturing base including  companies that could go out of business and leave gaps in the supply chain for U.S. weapons systems, said Peter Navarro, the White House National Trade Council director. The executive order asked for recommendations on possible  legislative, regulatory and policy changes that would improve and support the defense industry, calling it a “significant national priority”. “America’s defense industrial base is now facing increasing gaps in its capabilities,” Navarro said. “There’s just one company in the U.S. that can repair propellers for Navy submarines,” he added in a briefing with reporters. Defense analyst Howard Rubel of the investment bank Jefferies & Co said the free market has so far done a reasonably good job. “We don’t want to invest in buggy whip suppliers just because there is only one (supplier).” He added that it is important to recognize that the United States can sometimes buy more cheaply from its allies. The review mandated by the executive order will be led by the Pentagon and conducted in concert with the Department of Labor and the Department of Homeland Security as well as other government agencies. Skilled labor is also a big part of the huge military buildup Trump has promised to project American power. Industry has already shown initiative in addressing the skilled labor shortage, including in the metals trades, Navarro said in his remarks. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: trump orders review strengthen defense industrywashington reuters president donald trump signed executive order friday initiating review defense industry suggest changes strengthen the review intended identify address potential weak points defense manufacturing base including companies could go business leave gaps supply chain weapons systems said peter navarro white house national trade council director the executive order asked recommendations possible legislative regulatory policy changes would improve support defense industry calling significant national priority america defense industrial base facing increasing gaps capabilities navarro said there one company repair propellers navy submarines added briefing reporters defense analyst howard rebel investment bank jefferies co said free market far done reasonably good job we want invest buggy whip suppliers one supplier he added important recognize united states sometimes buy cheaply allies the review mandated executive order led pentagon conducted concert department labor department homeland security well government agencies skilled labor also big part huge military buildup trump promised project american power industry already shown initiative addressing skilled labor shortage including metals trades navarro said remarks politicsnews