The Pentagon has launched a review of the Biden-era Aukus pact to develop nuclear-powered submarines with Australia and the UK, as the Trump administration looks to shift the burden for collective defense to allies and make sure the US has enough warships of its own.

Investors should not read too much into the AUKUS review. New US administrations routinely revisit major policies and deals as a regular exercise in due diligence.

The Pentagon is reviewing the AUKUS security pact between the U.S., the United Kingdom and Australia, USNI News has learned. The Office of the Secretary of Defense is conducting a review of the agreement,