NATO allies signed off agreement to enhance defense spending:Whether the deal boosts defense production across the allies?

 The leaders of NATO approved and signed off a deal for boosting defense spending. Unfortunately this deal to hike defense spending impose an unnecessary burden upon member nations of NATO, because by the agreement member nations have to spend more on defense and or meanwhile they have to wage a trade war imposed by US. 

As per the new deal, the signatories to it have to earmark 5 percent of their Gross Domestic Product (GDP) for defense spending by 2035. So the present deal is a long term defense spending goal over the next 10 years.

                         

NATO Member Nations

 Out of this 5 percent 3.5 percent should be managed for hard capabilities like weapons and troops and 1.5 percent for defense adjacent spendings such as cyber and mobility infrastructure.

                

 NATO Member Nations

The new deal for defense spending was concluded just before the 2025 NATO summit scheduled to be meet from June 24 to June 25 of 2025 at Hague (City in the Netherlands). 

After the conclusion of the agreement the NATO Secretary-General praised the role of US especially Trump for pressing other countries to boost their defense.

NATO Member Nations

The present deal for defense spending in one side and the US imposed trade Tariff on other side will make more economic burden upon NATO member nations. 2 nations namely Spain and Slovakia indicated that they don't want to enhance their defense spending cost for now, arguing they can reach their national capability target by spending lesser amount than 5% proposed now.

       
   NATO Member Nations