COTD = Chart of the Day

U.S. arms sales have grown during the Trump administration. The Defense Security Cooperation Agency said foreign military sales in fiscal 2018 were already 33% higher at $55.7 billion, compared with the previous year.

…Most proposed weapons sales were for the Asia-Pacific region with preponderance towards Japan and South Korea–both allies threatened by North Korea’s nuclear ambitions. The Middle East was the second busiest region buying U.S. weapons with sales to Saudi Arabia, Bahrain, United Arab Emirates, and Morocco. Europe came in third with Germany, Lithuania, Bulgaria, Hungary, Denmark, Greece, Spain, and the U.K. all ordering U.S. arms.  – Bloomberg