Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Trump says Spain will pay more in trade deal after refusal to meet NATO defense spending targets
    Headlines

    Trump says Spain will pay more in trade deal after refusal to meet NATO defense spending targets

    Published by Global Banking & Finance Review®

    Posted on June 25, 2025

    2 min read

    Last updated: January 23, 2026

    Trump says Spain will pay more in trade deal after refusal to meet NATO defense spending targets - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:PresidentGDPInternational tradeEuropean Commission

    Quick Summary

    Trump demands Spain pay more in a trade deal due to its refusal to meet NATO defense spending targets, complicating US-EU negotiations.

    Trump Demands Spain Pay More for Trade Deal Amid NATO Spending Dispute

    By Jeff Mason

    THE HAGUE (Reuters) -President Donald Trump said on Wednesday that the United States will make Spain pay twice as much for a trade deal after the country's refusal to meet a NATO defense spending target of 5% of gross domestic product.

    NATO leaders backed a big increase in defense spending on Wednesday that Trump had demanded, but Spain declared that it does not need to meet the goal and can meet its commitments by spending much less.

    Trump called Spain's decision "very terrible" and vowed to force the country to make up the difference.

    "We're negotiating with Spain on a trade deal. We're going to make them pay twice as much," Trump said.

    As a member of the European Union, Spain does not negotiate directly with the United States on trade - the European Commission handles those talks for the entire 27-nation bloc.

    Trump may have a hard time following through on his threat to punish Spain through a trade pact unless he gets language on the issue into a broader EU agreement.

    The Spanish Ministry of Economy declined to comment.

    (Reporting By Jeff Mason and Jarrett Renshaw; Additional reporting by Andrey Khalip; Editing by Mark Porter)

    Key Takeaways

    • •Trump demands Spain pay more for a trade deal.
    • •Spain refuses to meet NATO's 5% GDP defense spending target.
    • •Spain's trade negotiations handled by the European Commission.
    • •Trump's threat may require broader EU agreement.
    • •Spanish Ministry of Economy declined to comment.

    Frequently Asked Questions about Trump says Spain will pay more in trade deal after refusal to meet NATO defense spending targets

    1What did Trump say about Spain's NATO spending?

    Trump called Spain's decision to refuse meeting NATO defense spending targets 'very terrible' and vowed to make the country pay more in trade negotiations.

    2How much more does Trump want Spain to pay for the trade deal?

    Trump stated that the United States will make Spain pay twice as much for the trade deal due to its refusal to meet NATO defense spending commitments.

    3Who handles trade negotiations between the US and Spain?

    As a member of the European Union, Spain does not negotiate directly with the United States on trade; the European Commission manages those discussions for the entire EU.

    4What challenges does Trump face in punishing Spain through trade?

    Trump may struggle to enforce his threat to punish Spain unless he incorporates specific language regarding this issue into a broader agreement with the EU.

    5Did the Spanish Ministry of Economy comment on Trump's statements?

    The Spanish Ministry of Economy declined to comment on Trump's remarks regarding the trade deal and NATO spending.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Image for Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Image for UK police search properties in probe into Mandelson over Epstein ties
    UK police search properties in probe into Mandelson over Epstein ties
    View All Headlines Posts
    Previous Headlines PostRepublicans dangle reprieve from tax retaliation as Trump bill heads toward votes
    Next Headlines PostDefiant UK PM Starmer defends leadership as welfare rebellion grows