10:31 GMT +319 November 2019
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    President Donald Trump greets German Chancellor Angela Merkel outside the West Wing of the White House in Washington, Friday, March 17, 2017

    Trump: US Has 'Massive Trade Deficit With Germany', Berlin Pays Little on NATO

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    Donald Trump said the United States had "a massive" trade deficit with Germany, which "will change".

    MOSCOW (Sputnik) –The United States and Germany have a "massive" trade deficit, while Berlin also pays "far less" than it should on NATO and military, which is very bad for Washington and will change, US President Donald Trump said Tuesday.

     

    The issue of the contributions to the alliance has been raised repeatedly by the new US administration, insisting on all countries honoring their NATO budget responsibilities. The target of spending 2 percent of the GDP mandated by NATO was adopted at the Alliance's September 2014 Summit in Wales, with only five countries, including the United States, meeting the required standard, according to NATO figures.

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    trade deficit, NATO, Donald Trump, Germany, United States
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