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Trump used Davos to warn Europe, demanding NATO allies raise defence spending to 5% of GDP and threatening tariffs on companies not manufacturing in the US. He linked lower oil prices to ending ...
Nato chief speaking at World Economic Forum in Davos; Europe needs to invest in defence, ramp up arms production, Rutte says; Comments follow criticism from US President Donald Trump ...
DAVOS, Jan 23 (Reuters) - NATO is not involved in decisions taken by member states, such as the United States, over hiring in the armed forces based around diversity, ...
Trump told the World Economic Forum in Davos, Switzerland, on Thursday about the new target of spending 5 percent of economic output on defense. He said 5 percent “is what it should have been ...
He then reiterated his call for moving the military spending benchmark from 2% to 5%. Against this backdrop, Trump also recently made veiled threats toward a NATO ally, which came on the heels of ...
Given the size of the U.S. economy, that accounts for more than 60 percent of NATO's total. Zelenskiy told the Davos gathering that if 5 percent of GDP is the level needed for proper security, ...
TRUMP CALLS FOR NATO DEFENSE SPENDING LEVEL U.S. CAN’T MEET: Trump is back, harping on one of his favorite gripes, how much NATO members spend on defense, and how many are meeting the old 2% of ...
Some of America’s most critical NATO allies have been shirking their financial obligations to the alliance, despite years of bipartisan calls for them to pay up — and top Trump administration ...
"I think NATO should have 5% [of their GDP as a NATO contribution target]," he said in January. "They can all afford it, but they should be at 5%, not 2%", he said at a press conference in which ...
As President Trump looks to fix the issues that irk him the most, the issue of NATO defense spending — one of his perennial bugbears — is returning to the fore.