Published by Global Banking & Finance Review®
Posted on March 4, 2026
4 min readLast updated: April 2, 2026
Add as preferred source on GoogleSpain’s Prime Minister Pedro Sánchez condemned recent U.S. and Israeli strikes on Iran, called them reckless and illegal, and warned that “you cannot play Russian roulette with the destiny of millions.” In response, President Trump threatened to cut all trade with Spain following Madrid’s refusal to
By David Latona and Victoria Waldersee
MADRID, March 4 (Reuters) - Spain "will not be vassals" to another country, Deputy Prime Minister Maria Jesus Montero said on Wednesday, defying U.S. President Donald Trump's threats to cut trade with Madrid over its stance against the U.S.-Israeli strikes on Iran.
Trump floated imposing a trade embargo on Madrid over its refusal to allow U.S. aircraft to use jointly operated naval and air bases in southern Spain for the offensive against Tehran. Spain has denounced the U.S. and Israeli bombings of Iran as reckless and illegal, while most other European nations have withheld direct critique of the attacks.
"We are certainly not going to be anybody's vassals, we won't tolerate any threats and we'll defend our values," Montero told reporters, citing support for Spain from the European Commission.
The Commission said in a statement on Wednesday it expected the U.S. to abide by its trade deal with the European Union and expressed "full solidarity" with member states, but stopped short of naming Spain. The EU requires that third countries treat it as a single customs bloc.
In a televised address earlier on Wednesday, Spanish Prime Minister Pedro Sanchez reiterated Spain's anti-war stance, warning that the conflict risked triggering a major global disaster.
"We're not going to be complicit in something that's bad for the world, nor contrary to our values and interests, simply to avoid reprisals from someone," said Sanchez.
One of the most outspoken critics of both Trump and Israeli Prime Minister Benjamin Netanyahu, Sanchez criticised leaders who "use the fog of war to hide their failure" at home.
"This is how humanity's great disasters start ... You cannot play Russian roulette with the destiny of millions," he said, highlighting the negative knock-on effects of the Iraq war, from a rise in jihadist terrorism to soaring energy prices, to argue that the consequences of the attack on Iran were just as nebulous.
Spain has refrained so far from involving itself in defensive operations, even as Britain, France, and Greece have sent armaments to Cyprus, which was struck by a drone on Monday, and British Prime Minister Keir Starmer authorised use of UK bases for defensive strikes on Tehran.
Israel has criticised Sanchez, accusing him of "standing with tyrants".
TRUMP SAYS HE CAN IMPOSE EMBARGOES
Trump on Tuesday claimed the Supreme Court's ruling in February, which declared that he could not use the International Emergency Economic Powers Act to impose tariffs because they were a tax measure, confirmed his right to apply embargoes.
Imposing a trade embargo would require making the case that Spain's refusal to permit use of its bases constituted a national emergency and posed an "unusual or extraordinary" threat to the U.S., said Peter Shane, a U.S. law professor at NYU.
"It's hard to see how Spain denying us the use of air bases on its territory for us to launch an unprovoked attack on Iran poses an extraordinary threat to our national security," Shane said.
Spain sells more to the U.S. than it buys, but certain sectors like pharmaceutical products and olive oil are more exposed through high exports.
A source at Spanish olive oil producer Dcoop expressed worry about possible sanctions, adding it could bring orders forward. "We are farmers who want to market our products without obstacles," he said.
(Reporting by David Latona, Victoria Waldersee, Corina Pons, Emma Pinedo and Aislinn Laing; Editing by Charlie Devereux and Andrei Khalip)
Spain, led by PM Pedro Sanchez, strongly opposed the ongoing war in the Middle East.
President Trump threatened to cut trade with Spain over its opposition to US policy in the Middle East.
Spain banned US aircraft from using its naval and air bases for the offensive against Tehran.
Tensions between the two NATO allies have increased due to disagreements over the Middle East and US trade threats.
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