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NATO Allies Agree To Boost Defense Spending To 5% Of GDP After Trump Pressure By Zachary Folk, Forbes Staff. I cover breaking news.

NATO allies on Wednesday agreed to more than double their defense spending target from 2% of gross domestic product to 5% by 2035, in the most decisive move from the alliance in more than a decade.

NATO countries have agreed to increase their defense spending to 5% of their economic output, a commitment pushed by President Donald Trump for years.

NATO countries have agreed to increase their defense spending to 5% of their economic output, a commitment pushed by President Donald Trump for years.