Business Mag Search: Brussels
Trump claims a victory on NATO defense spending
7 monthes ago - By Reuters
U.S. President Donald Trump hailed a personal victory at a NATO summit on Thursday, saying allies had sharply increased defense spending commitments after he provoked a crisis session with a tirade at European leaders. Scarlett Cvitanovich reports.
Read more ...Trump claims victory on NATO spending
7 monthes ago - By Reuters
Speaking at a NATO summit in Brussels, Donald Trump says he's won agreement from member states that they will boost defense spending by $33bln. Rough cut .
Read more ...Trump's Complaints About NATO Defense Spending Don't Add Up
7 monthes ago - By Fortune
President Trump is already drawing headlines for his gaffes at this week's NATO conference. But perhaps worse is his bold-but more mainstream- demand that NATO countries meet an arbitrary military spending goal. The president wants NATO countries to spend 4% of their GDP on their militaries.
In fairness, Trump didn't dream up this daffy idea himself: Spending at least 2% of a country's GDP on its military has been an official NATO goal since 2006 , and Trump's not the first to suggest doubling that amount. The U.S. currently funds its military to the tune of about 3.5% of its GDP...
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