How about Trump just stop embarassing us.
Countries are spending more, and they agreed to move toward the target by 2024. They still have over half a decade to get there. No reason to piss off every ally in the meantime.
Only five of NATO's 28 members -- the U.S., Greece, Poland, Estonia and the U.K. -- meet the 2% target.
The rest lag behind. Germany is set to spend 1.2% of GDP on defense this year, France 1.79%. Belgium, Spain and Luxembourg all spend less than 1%.
NATO has long been pushing for higher spending. At a summit in 2014, all members who were falling short promised to move toward the official target within a decade.
That pledge appears to be holding: The alliance as a whole increased defense spending for the first time in two decades in 2015.
And last year, 22 of 28 NATO members increased their defense budgets. If the U.S. is removed from the equation, the group increased its spending by 3.8% in 2016. Including the U.S., overall spending rose by 2.9%.
Also of note,
The 2% target is described as a "guideline." There is no penalty for not meeting it.
It is up to each country to decide how much to spend and how to use the money.
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In response to this post by Tuckahokie)
Link: https://money.cnn.com/2017/05/25/news/nato-funding-explained-trump/index.html
Posted: 07/11/2018 at 08:58AM