EU Defense Spending Threatened by Trump’s Trade War
Increased military spending among NATO members is unlikely due to several factors. A proposed increase to a 3% GDP defense spending target, potentially rising further, faces challenges from a looming trade war initiated by protectionist measures from the U.S. This trade war, coupled with existing budgetary constraints, makes a significant increase in defense spending improbable for many nations. While some nations support a proposed 5% target, others deem it unrealistic given current economic conditions and the threat of escalating trade conflicts.
John Q. Hosedrinker