---
title: "Policy Pulse — Trump — 13 Jul 2026"
ticker: "BA:GE:RTX:SPR:HWM:LMT:XOM:CVX:OXY:EOG:HAL:SLB:BP:SHEL:USO:DAL:UAL:AAL:CCL:RCL:SPY:GOOGL:AAPL:NVDA:AVGO:MSFT:AMZN:META:DJT"
date: "2026-07-13"
tags: ["policy-pulse","trump","us-only","leader-trades","section-232","aerospace","iran-war","oil","energy","crypto","strait-of-hormuz"]
summary: "Trump signs aircraft Section 232 EO boosting US aerospace (BA, GE, RTX). Says US will get 'paid to guard' Strait of Hormuz — oil stocks up, airlines down. Crypto disclosure analyzed: .4B income invested in mega-cap tech (GOOGL, AAPL, NVDA, AVGO)."
model: "deepseek-chat"
---

## 🇺🇸 Trump Signs Aircraft Trade Order — Section 232 Tariffs on Imported Commercial Aircraft, Jet Engines, Aviation Parts

President Donald Trump signed a new **executive order** adjusting tariff treatment of imported commercial aircraft, jet engines, and critical aviation components, following a **Section 232 national security review**. The order announced this week aims to rebuild America's aerospace industrial base, reduce dependence on foreign suppliers, and strengthen domestic production.

**Key details:**
- The Section 232 review concluded a strong domestic aerospace industry is essential to economic competitiveness and military readiness
- The order adjusts tariffs on imported commercial aircraft, jet engines, and aviation parts to encourage domestic production
- Builds on Trump's broader manufacturing agenda: steel, aluminum, copper, semiconductors, pharma tariffs
- Manufacturing employment has grown, major companies announced new domestic investments
- Critics warn tariffs could increase costs for manufacturers and airlines

### Stocks to Watch (US Only)

| Stock | Impact | Reason |
|-------|--------|--------|
| BA | 🟢 Positive (Inferred) | Primary beneficiary — reduced foreign aircraft competition supports Boeing's pricing power |
| GE | 🟢 Positive (Inferred) | GE Aerospace — jet engine manufacturing; domestic preference supports production volumes |
| RTX | 🟢 Positive (Inferred) | Pratt & Whitney engines; benefits from domestic aerospace supply chain preference |
| SPR | 🟢 Positive (Inferred) | Spirit AeroSystems — Boeing's largest supplier; Boeing demand lift flows through |
| HWM | 🟢 Positive (Inferred) | Howmet Aerospace — engine components for commercial and defence aircraft |
| LMT | 🟢 Positive (Inferred) | Defence aerospace; strategic overlap with commercial aviation supply chain protections |

**Confidence: 3/5** — Official executive order signed. Impact will depend on tariff magnitude and implementation timeline. Long-term positive for US aerospace manufacturing.

---

## 🇺🇸 Trump Says US Should Be Reimbursed for Guarding Strait of Hormuz

President Trump stated Monday that the US is **"going to get paid for guarding"** the Strait of Hormuz, the major oil-shipping route at the epicenter of the re-escalating US-Iran war.

**Key quotes:**
- "We're going to keep the strait, and we'll probably run it"
- "We'll become the guardian of the strait — maybe we'll call it the guardian angel of the strait"
- "We can't be expected to do that for nothing... we're going to get paid for guarding it. A lot of money."

This announcement comes as **US-Iran hostilities continue** with fresh US airstrikes on Iranian targets and Iran striking commercial tankers. Oil prices remain elevated at ~$76-78/barrel. The US Treasury previously revoked Iranian oil waivers effective July 17.

### Stocks to Watch (US Only)

| Stock | Impact | Reason |
|-------|--------|--------|
| XOM | 🟢 Positive (Inferred) | Integrated oil major; sustained Hormuz disruption supports elevated crude prices |
| CVX | 🟢 Positive (Inferred) | Chevron — US-focused production; benefits from $75+ crude environment |
| OXY | 🟢 Positive (Inferred) | Pure-play US producer; highest beta to crude price movements |
| EOG | 🟢 Positive (Inferred) | US shale producer; direct crude price exposure |
| HAL | 🟢 Positive (Inferred) | Oilfield services; drilling demand increases with sustained high crude |
| SLB | 🟢 Positive (Inferred) | Global oil services leader; Middle East exposure |
| BP | 🟢 Positive (Inferred) | Integrated oil; elevated crude supports earnings |
| SHEL | 🟢 Positive (Inferred) | Shell — integrated model benefits from oil price support |
| USO | 🟢 Positive (Inferred) | US Oil Fund — direct crude oil futures exposure |
| DAL | 🔴 Negative (Inferred) | Delta — jet fuel costs spike on sustained high crude |
| UAL | 🔴 Negative (Inferred) | United Airlines — fuel cost headwind |
| AAL | 🔴 Negative (Inferred) | American Airlines — most levered to fuel costs |
| CCL | 🔴 Negative (Inferred) | Carnival — fuel cost pressure; cruise demand sensitivity |
| RCL | 🔴 Negative (Inferred) | Royal Caribbean — same fuel + sentiment headwinds |
| SPY | 🔴 Negative (Inferred) | S&P 500 — broad market geopolitical uncertainty weighs |

**Confidence: 4/5** — Direct Trump statement on Fox News. Hormuz disruption confirmed by multiple sources. Oil at elevated levels sustained.

---

## 🇺🇸 Trump Crypto Disclosure Analysis: $1.4B Crypto Income Invested in Stocks and Bonds

Analysis continues to develop around Trump's **2025 financial disclosure** (filed June 30, 927 pages). Key findings amplified today by Reuters and other outlets:

**Income breakdown:**
- **$1.4 billion** from crypto ventures (World Liberty Financial ~$791M, TRUMP meme coin ~$635M)
- **$400M+** from non-stock sources (real estate, legal settlements, licensing, merchandise)
- **$160M+** in bitcoin and ether held by Trump companies managing World Liberty and meme coin projects
- **$194M** in trading activity in March 2026 alone — then shifted to net selling in May

**Portfolio trend:** Despite his sons promoting crypto to retail investors ("bitcoin is the greatest asset of modern times"), Trump's money managers invested **crypto proceeds into traditional stocks and bonds** — suggesting they view crypto gains as something to lock in, not hold.

**Regulatory angle:** Senate Democrats (Warren, Blumenthal, Peters, Durbin, Wyden) are renewing pressure for hearings into Trump's crypto holdings, citing national security and conflict-of-interest concerns. Nearly 1M retail investors have collectively lost $3.81B on the TRUMP meme coin.

**Copy-trade effect:** Trump's mega-cap tech holdings (GOOGL $40.1M, AAPL $36M, NVDA $35.3M, AVGO $24M) continue to be closely watched by retail investors.

### Stocks to Watch (US Only)

| Stock | Impact | Reason |
|-------|--------|--------|
| GOOGL | 🟢 Positive (Named) | Trump's largest non-DJT equity holding; AI exposure via Gemini |
| AAPL | 🟢 Positive (Named) | $36M holding; copy-trade effect among retail |
| NVDA | 🟢 Positive (Named) | $35.3M holding; AI tailwind confirmed by portfolio allocation |
| AVGO | 🟢 Positive (Named) | Top 5 holding; custom AI chip play |
| MSFT | 🟢 Positive (Inferred) | Held in diversified discretionary book; Copilot/Azure AI monetization |
| AMZN | 🟢 Positive (Inferred) | Held in diversified book; AWS AI + retail resilience |
| META | 🟢 Positive (Inferred) | Held in diversified book; open-source AI + ad recovery |
| DJT | ⚠️ Neutral-but-watch | 60% of portfolio by value but stock down 75% from inauguration; dilution risk |

**Confidence: 4/5** — Official OGE disclosure analyzed by Reuters, Unusual Whales, and multiple news outlets.

---

## 📌 Summary

| Signal | Sector | Key Stocks | Direction |
|--------|--------|------------|-----------|
| Aircraft Section 232 EO | US Aerospace | BA, GE, RTX, SPR, HWM | 🟢 Positive |
| Hormuz "Paid Guardian" | US Oil & Gas | XOM, CVX, OXY, EOG, HAL, SLB | 🟢 Positive |
| Hormuz disruption | US Airlines | DAL, UAL, AAL | 🔴 Negative |
| Hormuz disruption | US Cruises | CCL, RCL | 🔴 Negative |
| Crypto disclosure copy-trade | US Mega-cap Tech | GOOGL, AAPL, NVDA, AVGO, AMZN | 🟢 Positive |