Inside Trade

November 8, 2025

Citing NATO commitments, Trump threatens Spain with tariffs

By Jason Asenso  / October 14, 2025 at 4:29 PM
Spain’s refusal to join other NATO members in raising defense spending could lead to fresh tariffs imposed by the U.S., President Trump said on Tuesday. Spain is the sole member of the defense pact to decline to increase defense spending to 5 percent of GDP by 2035, prompting the tariff threat. Spain wants a “free ride, but they will have to pay it back to us on trade because I am not going to let that happen,” Trump said in...

Not a subscriber?

Request 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Trump era.