Managed Diplomatic Resolution

Beijing allows the components to be returned or inspected under a face-saving customs explanation, limiting the dispute to a logistics and export-control incident. Washington, Canberra, and Lockheed Martin tighten shipment procedures, but the episode does not materially alter the F-35 program or broader defense trade.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.