Trump’s message is having an impact on NATO, secretary general says

100
0
Share:

NATO Secretary General Jens Stoltenberg told CNBC that President Donald Trump‘s rhetoric on defense spending is having an “important” impact on the military alliance.

gross domestic product) on defense which is the NATO guideline and we see that all nations have stopped the cuts we saw for many years to their defense budgets. And all nations have started to increase,” he added.

Contributions to NATO are a highly sensitive topic. Trump has often criticized other NATO members for not respecting the spending rule. Speaking at a NATO summit in 2017, Trump said: “Over the last eight years, the United States spent more on defense than all NATO countries combined. If all NATO members had spent just 2 percent of GDP on defense last year, we would have had another $119 billion for our collective defense.”

Source: CNBC

Subscribe to Equity Extra

Recieve the Latest Updates on Breakout Stocks

Subscribe to Equity News Report’s ‘Equity Extra’ Alerts list to be the first to learn about Premium Nasdaq Stocks before they Breakout

Share:

Leave a reply