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What We Know About NATO’s 5 Percent Defense Spending Agreement

World,NATO,Donald Trump,Defense Spending,Defense And Security,Ukraine War,Global Economy,Spending,Federal Spending,GDP

From the Right

President Donald Trump on June 25 joined leaders of the 31 other NATO member countries at a summit where they endorsed a new defense spending target.

The alliance agreed to a target of 5 percent of each member country’s gross domestic product (GDP), a significant increase on paper from the 2 percent benchmark set during a summit in Wales in 2014.

Here’s a breakdown of what we know about the agreement, how it came about, and what it means for each member state...

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