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Trump threatens to cut US trade with Spain over defence spending

US President Donald Trump declared at the NATO summit in Ankara that the United States no longer wants to do trade with Spain, citing Madrid's refusal to endorse NATO's new 5% of GDP defence spending target for 2035. Trump appeared to instruct Treasury Secretary Scott Bessent to cut off trade. However, it is unclear how this would work in practice, as Spain is an EU member and trade policy is handled by Brussels, not Madrid.

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