Published: Fri, July 13, 2018
Markets | By Otis Pena

'NATO Is Much Stronger Now': Trump Claims Victory After Contentious Summit


Not only did Trump demand on Twitter on Thursday that countries meet the 2% level by this year, not 2024, but he also said all countries should eventually hit 4%, which is more than even the USA now spends. "Indeed, we're increasing it by 70 per cent over the next decade", Trudeau said.

(From L to R, first row) German Chancellor Angela Merkel, Belgian Prime Minister Charles Michel, NATO Secretary General Jens Stoltenberg, U.S. President Donald Trump and British Prime Minister Theresa May attend the opening ceremony at the 2018 NATO Summit at NATO headquarters on July 11, 2018 in Brussels, Belgium.

Trump's belligerence toward allies prompted an emergency session of North Atlantic Treaty Organisation leaders on Thursday, as they conferred on ways to handle Trump's complaints that their nations take advantage of American good will and largesse, and his not-so-veiled threats to pull out of the mutual defense pact.

US President Donald Trump claimed a personal victory at the summit after telling European allies to increase spending or lose Washington's support.

"There is a communiqué that was published yesterday". Macron said France, which previous year spent 1.8 percent on defence, would meet the target by the 2024 deadline.

He says Canada - where current defence spending plans are only expected to reach 1.4 per cent of GDP - has promised to reverse a decline in military resources with an eye towards the two per cent target.

He added that Trump makes a fair point in warning that Germany relies too heavily on Russian Federation for energy, recalling that Putin has used his control of gas supplies as a weapon against Ukraine. Trump has repeatedly denounced low levels of defense spending among remaining members, particularly Germany.

And while all member nations have agreed, in principle, to work toward the 2 percent spending goal, each country is ultimately beholden to unique political processes and must consult with their respective parliaments to secure increased military spending.

The U.S. leader gave no specifics on which countries had agreed to increase defense spending, but said several countries had cumulatively boosted defense spending by $33 billion in the previous year.

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"Germany has agreed to do a lot better than they were doing, and we're very happy with that", Trump said, without going into specifics.

According to CNN, he said: "I told people that I would be very unhappy if they didn't up their commitments very substantially". "Because most of the time you're not sitting next to the president of the United States".

It was only last month that after a disastrous G-7 summit, Trump signed a joint communiqué with other allies and then changed his mind while flying home.

"So we have a commitment to spend two percent".

"I just don't know him very well".

"The clear message from President Trump is having an impact", he said.

Only four countries are now designated by the U.S. State Department as state sponsors of terrorism: North Korea, Iran, Sudan and Syria.

Conway said Trump is looking for a "commonality" with Russian Federation in order to work for "peace and prosperity", and contrary to Barack Obama, has been "transparent" about his Russian Federation policy.

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