President Trump to speak at NATO summit
CNBC Television·2025-06-25 14:12

Geopolitical Landscape - The news conference is happening against the backdrop of events in Israel and Iran, with questions surrounding the destruction level of Iran's nuclear sites following US strikes [3] - The NATO summit declaration is the first since the start of the Russia-Ukraine war that does not directly condemn Russia's aggression towards Ukraine [6] Defense Spending - NATO members have agreed to increase their defense spending to 5% of GDP by 2035 [4] - The US defense spending was at a record low last year, less than 3% of GDP [5]