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

Trump heads to NATO summit as Europe agrees to heed his defense spending demands

by
June 24, 2025
in Latest News
0
Trump heads to NATO summit as Europe agrees to heed his defense spending demands

President Donald Trump, fresh off announcing a ceasefire between Israel and Iran, is off to The Hague, Netherlands for the yearly summit of the North Atlantic Treaty Organization (NATO), a conference where he’s hoping to drum up another foreign policy win by pushing European leaders to increase defense spending.

The president is expected to land in the Netherlands on Tuesday and return to the White House on Wednesday. 

It’s Trump’s first NATO summit since becoming president for a second term. In the past, he’s railed against NATO members for ‘freeloading’ off U.S. military protection. This time, European allies are eager to prove him wrong. 

NATO reached an agreement for all nations to boost their defense spending to five percent of their gross domestic product, except Spain. 

Trump initially made the demand, which is expected to be finalized at the summit. 

‘This summit is really about NATO’s credibility, and we are urging all of our Allies to step up to the plate and pay their fair share for transatlantic security,’ U.S. NATO Ambassador Matthew Whitaker said.

Spain complicated the consensus when Prime Minister Pedro Sánchez demanded an exemption from the new spending target – which would be a sharp increase from the 2 percent target Spain has had trouble meeting. 

‘We fully respect the legitimate desire of other countries to increase their defence investment, but we are not going to do it,’ Sanchez said. 

Trump is expected to meet with Rutte and other world leaders and hold a press conference. Ukrainian President Volodymyr Zelenskyy is also expected to attend, continuing his push for Ukraine’s admission into the alliance and its collective defense pact.

NATO Secretary General Mark Rutte boasted that allies were ‘stepping up to equal sharing of responsibility for our shared security.’

Trump has said he does not think the U.S. needs to hit the 5% target. ‘I don’t think we should, but I think they should,’ he told reporters last week. 

The President’s time at the summit will be brief, spending approximately 24 hours on the ground. His meetings ‘will focus on issues of shared concern and reaffirm the United States strong ties with our allies and partners,’ according to an administration official.

But they come after Trump can boast of a ceasefire between Israel and Iran. 

‘It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in progress, final missions!), for 12 hours, at which point the War will be considered, ENDED!’ Trump wrote on Truth Social. 

Rutte has suggested NATO would stand behind the U.S. after Iran launched a counterstrike on its air base in Qatar, following American attacks on three Iranian nuclear sites.

‘My biggest fear would be for Iran to own and be able to use a nuclear weapon,’ Rutte told reporters ahead of the summit.

He defended the U.S. strikes on Iran after being asked about parallels between the U.S. and Russia when it invaded Ukraine in 2022. 

‘This is a consistent position of NATO: Iran should not have its hands on a nuclear weapon,’ he said. ‘I would not agree that this is against international law — what the U.S. did.’

Rutte had wanted the summit to be a show of NATO unity to Russian President Vladimir Putin amid the ongoing war in Ukraine. But conflict between the U.S., Israel and Iran makes the conference less predictable. 

The Iraq War in 2003 deeply divided NATO: France and Germany were opposed to the invasion while Britain and Spain joined the coalition forces. 

This post appeared first on FOX NEWS
Previous Post

Republican senator calls caucusing with Democrats an ‘interesting hypothetical’

Next Post

Trump admin ‘obliterated’ Iranian nuclear facilities with slimmed down NSC team, Rubio juggling multiple jobs

Next Post
Trump admin ‘obliterated’ Iranian nuclear facilities with slimmed down NSC team, Rubio juggling multiple jobs

Trump admin ‘obliterated’ Iranian nuclear facilities with slimmed down NSC team, Rubio juggling multiple jobs

  • Trending
  • Comments
  • Latest
Gold and silver: the price of gold has resistance at $2360

Gold and silver: the price of gold has resistance at $2360

May 29, 2024
S&P 500 climbed 0.3%, and Nasdaq-100 futures  jumped 0.7%

S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%

December 4, 2024
Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation

Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation

August 9, 2024
Is XRP a Good Investment? Expert Insights for 2024

Is XRP a Good Investment? Expert Insights for 2024

July 12, 2024
Microsoft says goodbye to the Windows blue screen of death

Microsoft says goodbye to the Windows blue screen of death

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
Microsoft says goodbye to the Windows blue screen of death

Microsoft says goodbye to the Windows blue screen of death

June 30, 2025
Supreme Court to hear Republican challenge that could shake up US elections

Supreme Court to hear Republican challenge that could shake up US elections

June 30, 2025
Exiled Iranian prince tells Trump he can be ‘one of history’s great peacemakers’ amid talk of regime change

Exiled Iranian prince tells Trump he can be ‘one of history’s great peacemakers’ amid talk of regime change

June 30, 2025
Senators enter marathon vote-a-rama as Trump’s ‘big, beautiful bill’ deadline barrels near

Senators enter marathon vote-a-rama as Trump’s ‘big, beautiful bill’ deadline barrels near

June 30, 2025
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

    Microsoft says goodbye to the Windows blue screen of death

    Microsoft says goodbye to the Windows blue screen of death

    June 30, 2025
    Supreme Court to hear Republican challenge that could shake up US elections

    Supreme Court to hear Republican challenge that could shake up US elections

    June 30, 2025
    Exiled Iranian prince tells Trump he can be ‘one of history’s great peacemakers’ amid talk of regime change

    Exiled Iranian prince tells Trump he can be ‘one of history’s great peacemakers’ amid talk of regime change

    June 30, 2025
    Senators enter marathon vote-a-rama as Trump’s ‘big, beautiful bill’ deadline barrels near

    Senators enter marathon vote-a-rama as Trump’s ‘big, beautiful bill’ deadline barrels near

    June 30, 2025

    Top News

    Microsoft says goodbye to the Windows blue screen of death

    Microsoft says goodbye to the Windows blue screen of death

    June 30, 2025
    Supreme Court to hear Republican challenge that could shake up US elections

    Supreme Court to hear Republican challenge that could shake up US elections

    June 30, 2025

    Latest News

    • Microsoft says goodbye to the Windows blue screen of death
    • Supreme Court to hear Republican challenge that could shake up US elections
    • Exiled Iranian prince tells Trump he can be ‘one of history’s great peacemakers’ amid talk of regime change

    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.