{"id":2821,"date":"2026-07-05T22:07:50","date_gmt":"2026-07-05T22:07:50","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=2821"},"modified":"2026-07-05T22:07:50","modified_gmt":"2026-07-05T22:07:50","slug":"trump-just-found-a-new-way-to-grift-europe-report","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=2821","title":{"rendered":"Trump just found a new way to grift Europe: report"},"content":{"rendered":"
\n

President Donald Trump\u2019s policies toward NATO have transformed a multinational alliance predicated on the ideal of preserving democracy into a far more transactional enterprise.<\/p>\n

Read more Red-state Republican breaks with Trump over \u2018huge mistake\u2019 after Supreme Court ruling<\/a><\/p>\n

\u201cEurope is still dependent on the U.S. for a while,\u201d a European diplomat told Politico on Sunday. \u201cIt is therefore not in our interest to pick fights. But we also need to make the U.S. understand in assertive ways that Europe is not [to be taken] for granted, that we have our interests, too.\u201d<\/p>\n

The diplomat said this in the context of Trump focusing on using NATO as a forum for promoting economic deals for American businesses rather than as a place for negotiating world affairs and protecting democratic European nations from Russian imperialism. The administration reinforced that this would be its attitude when Trump\u2019s diplomat there denounced specific European countries for slapping tariffs on American goods in response to America\u2019s own protectionism.<\/p>\n

Washington \u201cis welcoming European efforts to increase defense production and reduce regulations,\u201d Matt Whitaker, the U.S. ambassador to NATO, told reporters days before the World Economic Forum in Davos, Switzerland. \u201cBut we certainly do not support the protectionist language that oftentimes many European defense initiatives have included. That\u2019s one area that may come up during the summit, and that we expect that we can come to some agreement on.\u201d<\/p>\n

Politico then reported on how America has pressured NATO countries to spend roughly $120 billion in defense spending, approximately half of which has been from American manufacturers.<\/p>\n

\u201cIt follows Trump\u2019s demand that allies boost their defense spending from 2 percent of GDP to 5 percent or risk losing U.S. support,\u201d Politico reported. \u201cThe president has repeatedly threatened to leave the alliance if countries do not follow through. And Defense Secretary Pete Hegseth has tied higher defense spending with the faster sale of U.S. arms to allies.\u201d<\/p>\n

The publication added, \u201cThat business-first attitude has, to some degree, spanned each of Trump\u2019s six annual summits across his two terms. But it has become increasingly clear as the president floats seizing Greenland, wavers on U.S. support for Ukraine and slaps harsh tariffs on NATO members. The approach also pulls from the Trump playbook of demanding that the world buy American, without much in the way of reciprocal trade agreements.\u201d<\/p>\n

For the time being, NATO is playing along with America.<\/p>\n

\u201cNATO Secretary-General Mark Rutte, in a visit to Washington last month, said European investments support 110,000 American jobs through $300 billion in orders for U.S. arms,\u201d Politico reported. \u201cAnd the United Kingdom and Germany, days before the summit, announced plans to produce U.S. weapons in their countries under license.\u201d<\/p>\n

Read more Pathologist says Trump made \u2018big mistake\u2019 that exposes signs of dementia: video<\/a><\/p>\n

A second diplomat told Politico, \u201cThe secretary general wants to make the summit into a deal-making event where companies announce collaborations. If Trump sees the defense industry event as positive, then he may also consider the Ankara summit and hopefully NATO as a positive thing.\u201d<\/p>\n

Politico quoted a third diplomat saying, \u201cWe want to get in there, make our spending and security pledges and get out before anything goes wrong. We need to do it for our own security, but also obviously, there is another element to it.\u201d<\/p>\n

Trump has personally earned over $2 billion since assuming the presidency for his second term, and many experts are concerned that this makes it difficult to decouple Trump\u2019s policies in terms of where the national interest ends and his own personal interests begin.<\/p>\n

“Nearly 1 million people who bought President Trump’s memecoin have lost money through the end of June, according to a report by the cryptocurrency analytics firm Nansen,\u201d The New York Times recently reported. \u201cTheir losses total $3.81 billion. The analytics firm’s assessment was calculated this week after Mr. Trump signed an annual financial disclosure showing that he walked away with a $636 million payout on the same crypto bet, part of a haul of at least $2.2 billion from all of his business ventures in 2025.”<\/p>\n

According to a recent editorial by former Labor Secretary Robert Reich, Trump\u2019s conflicts of interest \u201cmake it impossible for the public to judge whether Trump is working for America or for himself when he advocates for or implements a particular policy, such as his crypto policy or his moves in the Middle East.\u201d<\/p>\n

He added, \u201cWe don\u2019t even know for sure that Trump has disclosed all his investments. The financial disclosure made Tuesday was voluntary. Can anyone be certain Trump has come clean about all his conflicts of interest?\u201d<\/p>\n

Read more Trump just proved how easily the system can be weaponized<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump\u2019s policies toward NATO have transformed a multinational alliance predicated on the ideal of preserving democracy into a far more transactional enterprise.\u201cEurope is still dependent on the U.S. for a while,\u201d a European diplomat told Politico on Sunday. \u201cIt is therefore not in o…<\/p>\n","protected":false},"author":1,"featured_media":2820,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nTrump just found a new way to grift Europe: report - Next Address America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nextaddressamerica.com\/?p=2821\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump just found a new way to grift Europe: report - 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