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President Trump announced plans to stage what he billed as the world’s largest air show in the United States within two years, a headline event with no venue, dates or budget yet attached. The announcement, relayed via First Squawk, signals a push to draw global aerospace manufacturers, airlines and defense contractors to a U.S.-hosted showcase. It matters for the sector because major air shows are where commercial and military aircraft orders are signed, and a new U.S. mega-event could shift attention and deal flow from established venues such as Paris and Farnborough. Watch for confirmed dates, a host city and whether major planemakers and the Pentagon commit exhibitors and flying displays.

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Donald Trump, United States