Trump Threatens to Cut All Trade with Spain Over NATO Dispute
US President Donald Trump announced during a NATO summit in Ankara that he would cut all trade with Spain over disputes regarding NATO contributions. Spain dismissed the threat, stating there was 'no tension' and emphasizing the 'positive' relationship. Analysts warned that such a move would face significant political, legal, and practical challenges and could escalate into a broader trade war with the European Union.
Sources
US President Donald Trump threatened Wednesday to halt all trade with Spain amid a bitter row over Madrid's defence spending and failure to help Washington with the Iran war. "Spain is a wasted cause. We don't want to do any trade business with Spain anymore," Trump said as he arrived at a NATO summit in Ankara. FRANCE 24's Monte Francis reports.
Spain remained calm in the face of US President Donald Trump’s latest attack on Wednesday – which saw him order a halt to all trade with the country – as Madrid stressed its relationship with Washington remained “positive”. Trump called Spain a “wasted cause” and “hopeless, bad people” during comments to reporters ahead of a Nato leaders’ meeting in Ankara, and ordered officials to cut off trade with the country – the second time Trump has made such a threat since March. The US leader has...
A move against Spain would face political, legal and practical issues and probably provoke a wider trade war with the European Union. It could also roil markets.