Summary
NATO leaders agreed to increase their defense spending after being urged by U.S. President Donald Trump. They committed to spending 5% of their GDP on defense by 2035. However, some countries, like Spain, have said they cannot meet this target.
Key Facts
- NATO leaders agreed to boost defense spending, committing to 5% of GDP by 2035.
- The U.S. President encouraged this decision, emphasizing mutual defense commitments.
- Spain announced it cannot achieve the spending target, calling it "unreasonable."
- A review of the spending progress will happen in 2029.
- The defense spending goal is to respond to security threats, notably from Russia.
- Some countries like Poland and the Baltic states support the spending increases.
- NATO aims to support Ukraine's path to NATO membership but faces challenges.
- Economic challenges and tariff policies may impact countries' ability to increase defense budgets.