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NATO leaders meet in Ankara after Trump rekindles disputes over Iran, Greenland - Finance news and analysis from Global Banking & Finance Review
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NATO leaders meet in Ankara after Trump rekindles disputes over Iran, Greenland

Published by Global Banking & Finance Review

Posted on July 8, 2026

6 min read

· Last updated: July 8, 2026

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Trump says 'a lot of unity' at NATO summit after lashing out at allies

NATO Summit Disarray and Aftermath

By Sabine Siebold, Gram Slattery and Tuvan Gumrukcu

Trump's Criticism of Allies and Trade Demands

ANKARA, July 8 (Reuters) - President Donald Trump threw a summit of NATO leaders into disarray on Wednesday as he demanded the United States cut trade ties with Spain and made renewed claims on Greenland, but later changed tack and said there had been love and "a lot of unity".

Speaking in the Turkish capital Ankara, Trump called Madrid a "terrible partner" in NATO as he railed against allies for not supporting the war on Iran and ordered Treasury Secretary Scott Bessent to halt all trade with Spain.

His remarks — also declaring the fragile ceasefire with Iran to be over — overshadowed a summit that European leaders had hoped would look past a series of rows that have threatened to tear the military alliance apart.

"Spain is a wasted cause. We don't want to do any trade business with Spain anymore," Trump said. "By the way, I'd like to cut it off. Spain is a terrible partner in NATO. They don't participate, they don't pay. I don't want anything to do with Spain. Cut off all trade with Spain, including visits."

Response from NATO Leadership

Trump spoke alongside NATO Secretary General Mark Rutte, who has assiduously tried to assuage his concerns over defence spending, Iran and Greenland, while lavishing praise on the president for bringing such issues to the fore.

Shift in Tone After Closed-Door Meeting

But emerging from a closed-door meeting of NATO leaders, Trump later said: "There was a lot of love in that room, a lot of unity." He also spoke more warmly of Volodymyr Zelenskiy when he met the Ukrainian president, in stark contrast to the tongue-lashing he gave him at a White House meeting last year.

In a potential boost to Ukraine, Trump said he would give Kyiv a licence to make Patriot missiles at a time when Russia has stepped up its air war on cities with deadly strikes, exploiting Ukraine's shortage of air defences.

A source familiar with the NATO talks said Trump had not repeated his criticisms behind closed doors and instead wanted to keep the U.S. in NATO, saying "we want to remain with you". 

French President Emmanuel Macron also said he did not hear any gripes from Trump, while Rutte said the alliance was "more together than ever".

Summit Outcomes and Reactions

Solidarity and Commitments

QUARRELS MAKE YOU STRONGER, RUTTE SAYS

On paper at least, the summit ended with a message of solidarity, with NATO allies including Trump affirming their "ironclad commitment" to collective defence under the alliance's Article 5 pact in a summit declaration. 

NATO members also pledged €70 billion ($80 billion) in military assistance to Ukraine for 2026. 

"I would say to (Russian President Vladimir) Putin, you should have some more discussions yourself out in the open. That makes you stronger," Rutte told Reuters in an interview.

"What he has seen now is sometimes allies disagreeing a bit, having a bit of a quarrel, and then coming together and reuniting."

Turkish President Recep Tayyip Erdogan, who won plaudits from Trump throughout the two-day summit, said Ankara was ready to assume greater responsibility for burden-sharing within NATO. He said the summit had laid the foundations for a stronger alliance.

Trump's earlier public remarks had undercut the carefully crafted pre-summit messaging that European NATO countries had increased military spending, which saw at least $50 billion in defence initiatives unveiled on Tuesday.

Spain's Response to Trump's Accusations

Diplomatic Tensions

SPAIN SAYS IT WON'T BE BULLIED 

Washington and Madrid have been at odds, with Spain explicitly rejecting Trump's demands for European countries to sharply boost military spending and pay for their own defence. Spain's Socialist leadership has also refused to let the U.S. use its airspace or bases on its territory for the Iran war.

Spanish Prime Minister Pedro Sanchez later said he had a "very cordial" conversation with Trump in which the pair discussed the soccer World Cup, which the U.S. is hosting, and golf, but not military spending.

Sanchez's health minister, Monica Garcia, was more blunt.

"We are a sovereign, democratic country that defends multilateralism and peace," she said on X. "What's terrible is confusing diplomacy with bullying."

Trump's Stance on Iran and Greenland

Escalation with Iran

TRUMP CALLS IRAN 'SICK PEOPLE'  

The U.S. has unleashed new military strikes on Iran and revoked a licence allowing Iran to sell oil in response to attacks on three tankers. It was the latest blow to a fragile ceasefire agreement in a war that is deeply unpopular in Europe.

"To me, I think it's over. I don't want to deal with them," Trump said when asked whether the interim accord with Iran was over. "They're scum. They're sick people. They're led by sick people."

Renewed Claims on Greenland

Trump also demanded that his country control Greenland, a semi-autonomous territory of Denmark, reviving an issue that has put severe strain on the alliance that has underpinned Western security since the start of the Cold War.

"Greenland is very important for the United States, but it's not important for Denmark," he said. "In fact, when Denmark was overrun by the Nazis in less than one day - Hitler beat them out in one day, took over - they asked us to take care of Greenland. In fact, we took Greenland, and then stupidly we gave it back."

Danish Prime Minister Mette Frederiksen reiterated that Greenland was not up for grabs.

France's Macron said he did not believe the U.S. would try to seize Greenland.

"In our alliance, there are not only rules of solidarity should one of us be attacked, but there are, of course, rules of solidarity to ensure that we do not attack one another," he said. 

(Reporting by Lili Bayer, Andrew Gray, John Irish, Humeyra Pamuk, David Latona, Gram Slattery, Tuvan Gumrukcu, Jonathan Spicer, Huseyin Hayatsever, ; Writing by Lili Bayer, Andrew Gray and Matthias Williams; Editing by Alistair Bell, Andrew Heavens, Andrei Khalip, Gareth Jones, Hugh Lawson and Deepa Babington)

Key Takeaways

  • NATO disclosed over $50 billion in defence contracts—including $5 billion for airborne radar systems—to show increased European defence spending in line with Trump’s demands (apnews.com)
  • Trump, citing support only from Erdoğan, threatened further troop withdrawals, complained NATO wasn’t "treated well" during the Iran war, and revived claims the U.S. should control Greenland (axios.com)
  • Trump’s relations with Italian PM Giorgia Meloni have deteriorated—he called her a “nice person” but criticised her for not helping with the Iran conflict—reflecting growing strain with a former close ally (thedailybeast.com)

References

Frequently Asked Questions

Why did NATO leaders meet in Ankara?
NATO leaders met in Ankara to address revived disputes with the US over Iran, Greenland, and European defence spending.
What are Trump’s main criticisms of European NATO members?
Trump criticized European NATO members for not spending enough on their defence and not supporting the US during the Iran conflict.
How did NATO respond to Trump’s calls for increased defence spending?
NATO showcased arms deals worth at least $50 billion to demonstrate efforts by European members to meet defence spending targets.
What was the significance of Greenland in the summit discussions?
Trump suggested Greenland should be controlled by the US, but Denmark reaffirmed its sovereignty, stating Greenland is not for sale.
What declaration are NATO leaders expected to endorse at the summit?
NATO leaders are expected to endorse a declaration affirming an ironclad commitment to collective defence among member states.

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