NATO nations are reportedly in talks to boost defense spending amid Trump's return to power

NATO members could make a short-term pledge to increase defense spending to 2.5% of GDP, moving to 3% by 2030, according to the Financial Times.

By: Business Insider

Dec 22 2024
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NATO nations are reportedly in talks to boost defense spending amid Trump's return to power

NATO Secretary General Mark Rutte holds the closing press conference at the NATO headquarters on the second day of the NATO Foreign Affairs Ministers' meetingOmar Havana/Getty Images

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NATO nations are reportedly in talks to boost defense spending amid Trump's return to power

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