US President Donald Trump on Wednesday (July 23) touted a recent deal between the US and NATO whereby European allies would purchase weapons and send them to Ukraine as it fights Russia.These comments come amid a staunch stalemate over trade talks between the European Union and the US. Previously, Trump had threatened the EU and Mexico with a 30% tariff upon the deadline of August 1.
Donald Trump said, “We just made a deal with the European Union where they’re going to pay the United States of America 100% of the cost of all military equipment. They’re going to ship it to the European Union, and then they’ll distribute it, and much of it will go to Ukraine. It’s been a long time since you’ve heard those words, because we’re in for $350 billion. But now we send it to Europe and Europe pays.”
Furthermore, he added, “And we had a tremendous NATO meeting a few weeks ago, and it was pretty amazing, actually, what happened. They agreed to go from 2% to 5% and they had 2% where they didn’t pay that 5% where they’ve already paid. It’s a big difference. It’s trillions of dollars, actually trillions.””They’re going to pay the United States of America 100% of the cost of all military equipment, and much of it will go to Ukraine,” Trump said in remarks at an artificial intelligence conference in Washington.
Donald Trump said, “We just made a deal with the European Union where they’re going to pay the United States of America 100% of the cost of all military equipment. They’re going to ship it to the European Union, and then they’ll distribute it, and much of it will go to Ukraine. It’s been a long time since you’ve heard those words, because we’re in for $350 billion. But now we send it to Europe and Europe pays.”
Furthermore, he added, “And we had a tremendous NATO meeting a few weeks ago, and it was pretty amazing, actually, what happened. They agreed to go from 2% to 5% and they had 2% where they didn’t pay that 5% where they’ve already paid. It’s a big difference. It’s trillions of dollars, actually trillions.””They’re going to pay the United States of America 100% of the cost of all military equipment, and much of it will go to Ukraine,” Trump said in remarks at an artificial intelligence conference in Washington.
In another statement made at the AI summit, Trump suggested that he would not go below 15% as he sets so-called reciprocal tariff rates ahead of an Aug. 1 deadline, an indication that the floor for the increased levies was rising.
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