Trump administration to cut its financial contribution to NATO
The Trump administration has moved to substantially cut its contribution to NATO's collective budget according to several US and NATO officials, a symbolic move that comes as many continue to question President Donald Trump's commitment to the transatlantic alliance as he prepares to attend a summit to mark its 70th anniversary in London next week. Previously the US provided some 22% of NATO's direct funding, which covers the cost of maintaining the NATO headquarters, joint security investments and some combined military operations. US defense officials tell CNN that the Trump administration sought to reduce its contribution to about 16%, bringing it in line with Germany's, which provides 14.8% despite the US having a larger economy. |
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