Wednesday, March 5, 2025

Defense

Trump has told Europe to start paying for more of their own defense since the US is no longer going to keep them safe. The result in just a few weeks was: EU chief proposes plan to ‘urgently’ increase defense spending by mobilizing around $840 billion This is a significant increase since: EU members spent 326 billion euros on defense in 2024 - about 1.9% of GDP, according to the EU's European Defense Agency. Keep in mind that the US spends 3.5% of its GDP on defense. Part of Trump’s plan is to cut defense spending and this will help.

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