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Business / Energy Energy

NATO Agrees to $50 Billion in Defense Deals to Placate Trump

Source: bloombergMarkets July 7, 2026 · 11:39
NATO allies have agreed to at least $50 billion in defense industry deals to show US President Donald Trump that Europe is heeding his spending demands. Melinda Haring, nonresident senior fellow at the Atlantic Council, joined Balance of Power to discuss this as well as the war in Ukraine. She said Ukraine's strategy to compel Russian President Vladimir Putin to the negotiating table is working. (Source: Bloomberg)
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