Trump Threatens to Double Spanish Tariffs Over NATO Spending
Takeaways by Bloomberg AI
President Donald Trump assailed Spain for refusing to agree to new defense spending targets adopted by NATO and suggested the country could be penalized by facing tariffs twice as high from the US.
“You’re the only country that is not paying. I don’t know what the problem is,” Trump said Wednesday at the NATO summit at The Hague when asked about Spain balking at paying 5% of their GDP on defense.