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
AllSides Media Bias Rating: Lean 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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