Bulgarian President: NATO is not a stock exchange to buy security

World Leaders Meet For NATO Summit In Brussels

The U.S. president said if other countries don't meet NATO's 2 percent of GDP spending target for defense, the U.S. would go it alone, DPA reported, citing unnamed sources.

"I let them know I was extremely unhappy with what was happening and they have substantially upped their commitment and now we're very happy and have a very, very powerful, very very strong North Atlantic Treaty Organisation, much stronger than it was two days ago", he said in a press conference.

"We think President Trump is basically right that the foundation of a successful alliance is fair contributions by all parties", he said.

It's a typically Donald Trump approach to diplomacy and getting things done - he likes to sign pieces of paper that are largely symbolic, he attacks allies on Twitter but keeps sweet in person - and he sabre-rattles using the gravitas of the United States to get his way.

The White House has been pushing a "Buy American" initiative which aims to help drum up billions of dollars more in arms business.

The NATO summit follows last month's equally tense Group of Seven meeting in Canada, in which members clashed with Trump over his trade policies and the president received criticism for calling for Russian Federation to be reinstated to the group.

Trump: "They really stepped up their commitment ... stepped it up an additional 33 billion ... "

Other US companies that stand to benefit from the US arms sales push include missiles maker Raytheon Co and General Dynamics Corp, which builds warships and other military equipment.

Trump claims North Atlantic Treaty Organisation victory after ultimatum to go it alone
NATO Secretary General Jens Stoltenberg later told reporters, "All allies have heard President Trump's message loud and clear". He also said he thought spending of 4 percent on defence - similar to the United States level - would be the right level.

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So far, tariffs imposed by the two countries are expected to have a modest impact on growth and inflation, economists estimate. China gave no details, but it has plenty of options to retaliate that could extend beyond additional tariffs on USA imports.

"So we have a commitment to spend two percent".

But Mrs. Merkel "has benefited at home from Mr. Trump's attacks, since the US president is deeply unpopular among the German electorate, as he is with voters across much of Western Europe", The Washington Post reported Wednesday.

Amid the tumult, British Prime Minister Theresa May sounded a call for solidarity among the allies, saying, "As we engage Russian Federation we must do so from a position of unity and strength - holding out hope for a better future, but also clear and unwavering on where Russian Federation needs to change its behaviour for this to become a reality. I believe in Nato", Mr Trump told a press conference after a fraught Nato summit in Brussels.

Merkel's predecessor, Gerhard Schroeder, a longtime friend of Putin, has championed the Nord Stream enterprise since just before being voted out of office in 2005. "I love the United States but I love getting along with Russian Federation and China and other countries".

"We have a very, very good relationship with the chancellor".

USA lawmakers want Trump, both privately with Putin and publicly, to condemn Russia's actions.

"The President said his meeting with the Russian leader may be the easiest" part of his European tour, with massive protests expected over his presence in London. Tens of thousands of people are likely to protest in the British capital on Friday, while Trump is outside the city at May's country residence Chequers, before visiting Windsor to meet the Queen. He described the U.K.as a "hot-spot with lots of resignations".

Trump's trip to Britain will test the bonds of the U.S. and U.K.'s special relationship. On Thursday, Trump said he wasn't troubled by the planned protests. "I hope you have no doubt this is an investment in our security, which can not be said with confidence about Russian & Chinese spending". "They like me a lot in the U.K".

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