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  • 6/24/2025
Transcript
00:00So, Gemma, we just heard from Mark Rutter there, 5% defence increase. That's a lot.
00:06Ambitious is right.
00:07Very ambitious. And really, I feel like it's come from President Donald Trump and Pete Hegseth.
00:12I think the world is probably in agreement with that. Have all NATO allies now agreed to this substantial rise?
00:20It is substantial. You're right that this was driven by Trump and Hegseth.
00:24But obviously, Rutter is friends with Trump, so he was fully backing it as well.
00:31So, all members have, but they also haven't. It's a bit of a complex issue.
00:37So, all 32 members have agreed on this.
00:40But Spain has asked for a change in wording so that if they don't meet the goal,
00:49that there's no kind of... There aren't any repercussions anyway.
00:51This isn't legally binding.
00:53You know, if people don't meet the percentage, it's not like they get kicked out of NATO or anything like that.
00:59So, what's interesting to know is that there are some members who still haven't reached the 2% GDP.
01:05Now, that goal was set a decade ago.
01:08So, to set a goal of 5% by 2035 is incredibly ambitious.
01:14The UK also looks like it's not going to achieve that goal.
01:18They're still not at 3%.
01:20So, it's a huge reach, for sure.
01:24I wonder if a lot of the members did it through gritted teeth, but also to keep Trump on side,
01:32to keep him sweet, to keep him happy.
01:34And it has made him happy, because over the years, he has expressed a lot of discontent with NATO.
01:41In his first term, he told them all that they owed America so much money.
01:46And he was quite sort of angry, because he told the Europeans,
01:50you only, you know, you provide 30% of NATO funding.
01:54So, you know, from his point of view, he feels they're not pulling their weight financially.
01:59Really?

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