Newsquawk Logo

Trump admin is considering a plan to punish some members of the NATO alliance that he believes were unhelpful to the US and Israel during the Iran war, WSJ reports citing admin officials

Importance
Level 1
  • The proposal would involve moving US troops out of NATO member countries deemed unhelpful to the Iran war effort and station them in countries that were more supportive of the US military campaign.
  • The proposal would fall far short of President Trump’s recent threats to fully withdraw the US from the alliance, which by law he can’t do without Congress.
  • Plans could also include closure of at least 1 US base in a European country, possible Spain or Germany.
#UNITED STATES#USD#EUR#ISRAEL#JAPAN#JPY#UNITED KINGDOM#GBP#EUROPE#MEMBER#NATO#IMPORTANT#FOREX#EQUITIES#ENERGY#METALS#US SESSION#WTI#COMMODITIES#METALS & MINING#MATERIALS (GROUP)#DXY#TRUMP
Published: Updated: