India, May 21 -- US President Donald Trump on Tuesday announced a new missile defence initiative, the 'Golden Dome', aimed at shielding the country from foreign threats. He revealed that a bill currently in Congress proposes a $25 billion allocation for the project.

Speaking from the White House, Trump added that "the Golden Dome should be operational by the end of my term." He also mentioned that the overall cost of the defence system would be approximately $175 billion.

He said that "everything" in the Golden Dome missile defence shield he is planning will be made in the United States.

Trump further stated that Canada has shown interest in joining the Golden Dome project, and the US would support its northern neighbour in this effort...