• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Trump praised for getting NATO allies to bolster defense spending: ‘really staggering’

by March 14, 2025
by March 14, 2025

NATO Secretary General Mark Rutte lauded President Donald Trump’s efforts to push NATO allies to increase defense spending, amid efforts to end the war in Ukraine. 

Trump has long advocated for NATO allies to ramp up defense spending to between 2% and 5% gross domestic product — and has made it clear that European nations need to shoulder greater responsibility for the security of their continent. 

‘You’re starting to hear the British prime minister and others all committing to much higher defense spending,’ Rutte told reporters Thursday at the White House. ‘We’re not there. We need to do more, but I really want to work together with you . . . to make sure that we will have a NATO which is really reinvigorated, under your leadership. And we are getting there.’ 

‘When you look at Trump 47, what happened the last couple of weeks is really staggering,’ Rutte said. 

Rutte’s comments come as European Commission President Ursula von der Leyen put forth an $841 billion proposal on March 4 for European Union nations to bolster defense spending. 

Likewise, British Prime Minister Keir Starmer pledged in February to boost his country’s defense spending to 2.5% of its gross domestic value. That is an increase from the 2.3% the U.K. currently spends, and amounts to a nearly $17 billion increase. 

Still, Rutte emphasized the need to strengthen the defense industrial base in both the U.S. and Europe, and cautioned they were falling behind Russia and China in defense production. 

As of 2023, the U.S. spent 3.3% of its GDP on defense spending — totaling $880 billion, according to the nonpartisan Washington, D.C.-based Peterson Institute for International Economics. More than 50% of NATO funding comes from the U.S., while other allies — like the United Kingdom, France and Germany — have contributed between 4% and 8% to NATO funding in recent years.

NATO comprises more than 30 countries and originally was formed in 1949 to halt the spread of the Soviet Union.

Secretary of Defense Pete Hegseth also encouraged NATO allies to beef up defense spending during a trip to Brussels in February. 

‘NATO should pursue these goals as well,’ Hegseth said. ‘NATO is a great alliance, the most successful defense alliance in history, but to endure for the future, our partners must do far more for Europe’s defense.’ 

Pledges from European and allied nations to increase defense spending coincide with negotiations to end the war in Ukraine. 

Nations including the U.K. and France have proposed deploying troops to ensure that Ukraine is protected from future Russian aggression under a peace negotiation. 

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Direct aid to Israel should be phased out to ‘reduce US leverage,’ influential conservative groups argue
next post
Trump downplays China-Russia-Iran nuclear talks, says they may discuss ‘de-escalation’

Related Posts

Bigger Government Means Bigger Fraud: Minnesota’s Billion-Dollar Lesson...

December 5, 2025

Walter E. Williams Remembered: An Exemplar of Excellence 

December 5, 2025

Former world leader thanks Trump for pardon: ‘You...

December 5, 2025

Who is Brian Cole Jr, the DC pipe...

December 5, 2025

Bipartisan House group pushes new ‘CommonGround 2025′ healthcare...

December 5, 2025

Dem attempt to thwart Trump noms backfires, Republicans...

December 5, 2025

More than 160 House Dems vote against crackdown...

December 5, 2025

IG: Hegseth broke Pentagon rules using Signal to...

December 5, 2025

Hegseth did not issue ‘kill them all’ order...

December 5, 2025

House GOP splits over Obamacare fix as costs...

December 5, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Bigger Government Means Bigger Fraud: Minnesota’s Billion-Dollar Lesson in Incentives

    December 5, 2025
  • Walter E. Williams Remembered: An Exemplar of Excellence 

    December 5, 2025
  • Smart Agriculture in 2026: Soil Sensors, Robotics and the Economics of Connectivity

    December 5, 2025
  • BBAI stock gains 12% on Thursday: is the Ask Sage acquisition finally paying off?

    December 5, 2025
  • Netflix’s bid for WBD assets dubbed ‘hardest from regulatory perspective’

    December 5, 2025
  • Tesla stock trades in the green: is this the start of a December bounce?

    December 5, 2025

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (3,419)
  • Editor's Pick (349)
  • Investing (205)
  • Stock (2,321)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

New Hur interview tapes detailing Mongolia trip...

May 17, 2025

SCOOP: House to hold hearings next week...

March 25, 2025

US judge dismisses DNC election commission lawsuit,...

June 5, 2025