Trump threatened a tough trade deal for Spain after the country didn't meet NATO's defense spending target. Economic implications are significant.
Reports indicate that former U.S. President Donald Trump has suggested implementing a tough trade deal against Spain, following its failure to meet the agreed-upon NATO defense spending target.
Trump has been a vocal critic of NATO members who do not meet the 2% of GDP spending commitment, arguing that the U.S. disproportionately shoulders the burden of collective defense.
Such threats could significantly impact the economic relationship between the two countries, potentially affecting various sectors including trade and investment.
The implications of these actions could reverberate through the EU and influence future transatlantic relations. The situation remains tense as both parties navigate their respective priorities and commitments.