Bloomberg
NATO Agrees to $50 Billion in Defense Deals to Placate Trump
Tuesday, July 7, 2026
NATO allies announced at least $50 billion in defense industry deals. The agreements come as Trump has repeatedly called on European members to increase defense spending. Melinda Haring, nonresident senior fellow at the Atlantic Council, stated that Ukraine's strategy to compel Russian President Vladimir Putin to the negotiating table is working.
