Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

Rubio demands NATO pony up, dismisses ‘hysteria’ over US role under Trump

by
April 3, 2025
in Latest News
0
Rubio demands NATO pony up, dismisses ‘hysteria’ over US role under Trump

Secretary of State Marco Rubio on Thursday said NATO nations must provide a ‘realistic pathway’ to ramp up their defense spending to hit a 5% threshold – including the U.S.

‘I understand there’s domestic politics, after decades of building up vast social safety nets that maybe don’t want to take away from that and invest more in national security,’ Rubio said while speaking at a NATO foreign ministers event in Brussels. ‘But the events of the last few years… full-scale ground war in the heart of Europe as a reminder that hard power is still necessary as a deterrent.

‘We do want to leave here with an understanding that we are on a pathway, a realistic pathway to every single one of the members committee, and fulfilling a promise to reach up to 5% of spending,’ Rubio said, adding that ‘the United States will have to increase its percentage.’

While the majority of the 32 NATO members currently spend 2% of their nation’s GDP per previous NATO commitments, eight nations – Croatia, Portugal, Italy, Canada, Belgium, Luxembourg, Slovenia and Spain – have yet to meet their defense spending pledges.

Only Poland spends over 4% of its GDP on defense, while four other nations spend over 3% – Estonia, the U.S., Latvia and Greece. 

Despite the severe spending increases this will demand from all NATO nations, Rubio’s push is unlikely to be met with serious opposition as NATO Secretary-General Mark Rutte, and other NATO allies, have increasingly called for more defense spending. 

Washington in 2024 spent 3.38% of its GDP on defense, which equated to more than $967 billion, according to NATO figures released in July.

The U.S. closed out 2024 with a GDP of over $29.7 billion, which means it is on track to spend $1 trillion on defense in 2025 if it maintains the current expenditure rate of 3.38%. 

Rubio did not detail what timeframe he expected to see nations increase their defense spending to hit the 5% threshold, though if the U.S. did it in 2025, that would mean allocating nearly $1.49 trillion for defense – a figure that is higher than the current total spent by the entire NATO alliance, which collectively spent $1.47 trillion in 2024.

‘As we speak right now, the United States is as active in NATO as it has ever been,’ Rubio said. ‘Some of this hysteria and hyperbole that I see in the global media and some domestic media in the United States about NATO is unwarranted. 

‘The United States president [has] made clear. He supports NATO. We’re going to remain in NATO,’ he reaffirmed. 

Rubio said the only way NATO nations can truly deter aggressor nations like Russia and China is by collectively increasing each NATO nation’s capabilities to contribute to the alliance’s collective defense. 

‘We understand that’s a tradeoff,’ Rubio said. ‘We have to do it every single year in our country – I assure you that we also have domestic needs.

‘But we’ve prioritized defense because of the role we’ve played in the world, and we want our partners to do the same,’ Rubio confirmed.

This post appeared first on FOX NEWS
Previous Post

Trump gets rare Democrat support for new tariffs: ‘This is a good start’

Next Post

FLASHBACK: Unearthed photo shows smiling Obama touring SpaceX alongside ‘Nazi nepo baby’ Elon Musk

Next Post
FLASHBACK: Unearthed photo shows smiling Obama touring SpaceX alongside ‘Nazi nepo baby’ Elon Musk

FLASHBACK: Unearthed photo shows smiling Obama touring SpaceX alongside ‘Nazi nepo baby’ Elon Musk

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

September 4, 2025
Bitcoin Nears $85K Amid Market Optimism

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt

Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt

Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt

February 27, 2026
Kennedy warns ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

Kennedy warns ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

February 27, 2026
Kennedy warns Ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

Kennedy warns Ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

February 27, 2026
Hillary Clinton comes out swinging after GOP grilled her during marathon Epstein deposition

Hillary Clinton comes out swinging after GOP grilled her during marathon Epstein deposition

February 27, 2026
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt

    Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt

    February 27, 2026
    Kennedy warns ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

    Kennedy warns ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

    February 27, 2026
    Kennedy warns Ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

    Kennedy warns Ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

    February 27, 2026
    Hillary Clinton comes out swinging after GOP grilled her during marathon Epstein deposition

    Hillary Clinton comes out swinging after GOP grilled her during marathon Epstein deposition

    February 27, 2026

    Top News

    Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt

    Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt

    February 27, 2026
    Kennedy warns ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

    Kennedy warns ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

    February 27, 2026

    Latest News

    • Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt
    • Kennedy warns ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate
    • Kennedy warns Ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.