Trump reportedly told NATO leaders to boost defense spending to 4% of GDP

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President Donald Trump told NATO leaders that they should double their defense spending from the current target by 2024 of 2% of GDP to 4%, according to a Bloomberg News story quoting Bulgaria’s president. “President Trump, who spoke, raised the question not just to reach 2%, today, but set a new target – 4%. He just left after he announced that,” Bulgarian president Rumen Radev told reporters, according to BNR public radio, as quoted by Bloomberg. Many countries, notably Germany, are struggling to reach 2%.


http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~3/roFqjlJ80xw/story.aspx

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