Trump administration to cut its financial contribution to NATO
Trump administration to cut its financial contribution to NATO

The Administration of US President Donald Trump has moved to substantially cut its contribution to NATO’s collective budget according to several US and NATO officials.

According to CNN, a symbolic move comes as many continue to question President Donald Trump’s commitment to the transatlantic alliance as he prepares to attend a summit to mark its 70th anniversary in London next week.

Previously the US provided some 22% of NATO’s direct funding, which covers the cost of maintaining the NATO headquarters, joint security investments and some combined military operations.

It’s a largely symbolic move as NATO’s direct budget is relatively small, at about $2.5 billion, and is separate from national defence budgets that NATO recommends should stand at 2% of GDP.

US defence officials tell CNN that the Trump administration sought to reduce its contribution to about 16%, bringing it in line with Germany’s, which provides 14.8% despite the US having a larger economy.

US and NATO officials told CNN that the other NATO members are expected to make up the shortfall.