Trump call to up defense spending to 5% rattles NATO allies
European NATO members would struggle to increase defense spending to 5% considering the high social welfare bill in the continent. But analysts say Trump's demand could be a negotiating tactic to reach a compromise.
European Defense Stocks Climb After Trump's NATO Remarks
Shares of European defense companies were on the rise Wednesday after Donald Trump renewed his calls for higher spending from members of NATO. Trump said in a wide-ranging press conference Tuesday that North Atlantic Treaty Organization members should spend 5% of gross domestic product on defense.
German politicians rebuke Trump over NATO defence spending demand
US President-elect Donald Trump said NATO member states should increase their defence spending to 5% of GDP and criticised Europe's contributions. #EuropeNews
US Would Need Extra $500B to Comply With Donald Trump's 5% NATO Demand
Trump's call for NATO states to increase defense spending would also call for a substantial increase in America's military budget.
Trump Says NATO Nations Should Spend 5% of GDP on Defense
President-elect Donald Trump said NATO nations should spend the equivalent of 5% of their economic output on defense, ramping up his demands on European allies to more than double the current target.
Europe Doubts Trump Could Make NATO Spend 5% Of GDP On Defence
Incoming US president Donald Trump has demanded NATO countries massively ramp up defence spending to five percent of GDP -- more than double the current target -- but few in Europe see the figure as feasible.
Trump calls on NATO to raise defense spending benchmark to 5% of GDP
U.S. President-elect Donald Trump said on Jan. 7 that NATO should raise its defense spending benchmark from 2% of GDP to 5%, echoing his earlier calls for Europe to spend more on its security.
Trump demands that NATO members spend 5% of GDP on defence
US President-elect Donald Trump said that NATO countries should be spending 5% of gross domestic product (GDP) on defence, up from the current 2% target. "They can all afford it, but they should be at 5% not 2%,
Trump demands NATO countries spend five per cent of GDP on defense amid invasion threat
Donald Trump astonishingly claimed Denmark might not have 'a legal right' to Greenland and urged NATO members to spend 5% of GDP on defense.
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