The News
Concurrent NATO and European Union meetings today could shape the future of the transatlantic relationship.
NATO defense ministers are meeting in Turkey to discuss boosting military outlays: US President Donald Trump called for the alliance’s members to spend 5% of GDP on defense, a figure none of them, including the US, currently meet, despite increases since Russia’s invasion of Ukraine.
The NATO secretary general wants allies to agree to 3.5%, plus 1.5% on related spending such as cybersecurity: Today’s meeting will discuss what counts towards that 1.5%.
Meanwhile, the EU is stepping up negotiations with the US over tariffs, hoping to find an amicable agreement, but also readying $108 billion in levies if no deal is met, Bloomberg reported.
