*By Alisha Haridasani* Barely hours into the NATO summit in Brussels, President Trump has already spurned key allies and ramped up criticism against the organization. Trump on Wednesday accused Germany of being a “captive of Russia” for using Russian oil and gas. He also, once again, called on other countries in the military alliance to increase their contribution to defense spending. German Chancellor Angela Merkel pushed back, though, reminding the president that she knows what it's really like to be occupied by the Soviet Union. “I have experienced myself how a part of Germany was controlled by the Soviet Union. I am very happy that today we are united in freedom,” she said. “Because of that we can say that we can make our independent policies and make independent decisions.” She also pointed out that while Germany doesn’t contribute as much towards NATO’s defense spending as America, it is “the second largest provider of troops.” The president of the European Council, Donald Tusk, also warned the president to “appreciate your allies.” “After all, you don’t have that many,” he said on Tuesday before the summit officially got underway. Trump has long voiced his [opposition](https://cheddar.com/videos/why-president-trump-is-bearish-on-nato?utm_source=All+Subs&utm_campaign=6a3cd99c82-EMAIL_CAMPAIGN_2018_07_10_06_34&utm_medium=email&utm_term=0_4b7ac66387-6a3cd99c82-) to the military alliance, taking particular issue with America’s large contribution to spending compared with other member countries. NATO set a spending goal for all 29 members in 2014, asking them to aim to contribute 2 percent of their GDP to defense. America currently pitches in more than 3 percent of its GDP, and only four other countries have met the 2 percent target. Back home, Republican lawmakers see the president’s aggressive demands as a positive. “This is an objective of NATO that Trump is reiterating,” said [Rep. French Hill (R-Ark.)](https://cheddar.com/videos/rep-hill-trump-is-right-to-pressure-nato-allies-into-paying-more). “It’s not a new commitment, and it’s a commitment that predates Mr. Trump’s presidency. I’m fully supportive of it.” A few days after meeting with NATO, an alliance that was founded after WWII to counter Soviet Union aggression, Trump will meet with Russian president Vladimir Putin one-on-one in Helsinki, Finland. That meeting, which Trump has said “may be the easiest of them all,” is a source of concern for American allies and lawmakers alike, who worry that he may make too many concessions. Members of the House Foreign Affairs Committee on Tuesday sent the president a [letter](https://democrats-foreignaffairs.house.gov/news/press-releases/forty-four-armed-services-and-foreign-affairs-committee-democrats-release), urging him to “not praise, condone, or abet any Russian efforts to undermine the sovereignty or democracy of any of our allies and partners.” “President Trump must recognize the importance that our forward military presence and joint military exercises play in deterring Russia and ensuring military readiness,” the letter states, responding to [reports](https://www.washingtonpost.com/world/national-security/us-assessing-cost-of-keeping-troops-in-germany-as-trump-battles-with-europe/2018/06/29/94689094-ca9f-490c-b3be-b135970de3fc_story.html?utm_term=.8ccfeaba8548) that the Pentagon is considering reducing America’s military presence in Europe and alluding to Trump’s decision to end military exercises on the Korean peninsula after meeting with North Korean leader Kim Jong-un. “This president says ‘America First’ but it seems as though he’s saying ‘Russia First’ or ‘North Korea First’,” said [Rep. Gregory Meeks (D-NY)](https://cheddar.com/videos/rep-meeks-trump-is-putting-russia-first) who sits on the House committee that wrote the letter. “It seems as though this president enjoys to give away the store to individuals who have been antagonistic towards us.”

Share:
More In Politics
SAFE Banking Act to Help Legal Cannabis Operators Still Faces Senate Obstacles
Cheddar's Chloe Aiello joined "Closing Bell" to break down the progress of the SAFE Banking Act in Congress as cannabis businesses operators struggle to find financial institutions that will service them. Banks face steep federal penalties, including the risk of losing a bank charter, if found to be servicing marijuana businesses even if their state has legalized operations. Aiello reported that while there was some bipartisan support for the measure in the Senate, the bill faces some opposition from conservatives with "longstanding concerns" about cannabis and progressives who prefer a more comprehensive approach to reform.
DiDi Delisting Could Signal Forced Decoupling of China-U.S. in Financial Markets
Chinese regulators are reportedly behind China-based ride-hailing company DiDi exiting from the New York Stock Exchange, just days after listing earlier this year. The regulators stated prior that DiDi had not received the necessary clearances to list in the states. Gordon Chang, Asian affairs expert, joined Cheddar to break down what the delisting says about the relationship between nations. "This really strikes me as an attempt to really to force a decoupling of China and the U.S. in the financial markets," Chang said.
Futures Point to Higher Open Despite Jobs Miss, Omicron Spread
U.S. Futures were pointing to a higher open to round out the week despite a miss on the November Jobs Report, which showed slower job growth than expected-- and as the omicron variant continues to spread across the country. Patrick Healey, Founder & President at Caliber Financial Partners joined Cheddar's Opening Bell to discuss.
World Starts Talks On Global Pandemic Plan
Just days after the detection of the Omicron variant, the World Health Organization has agreed to start the process of establishing a global pandemic treaty or accord. Amy Maxmen, senior reporter for Nature, and Dr. Samuel Scarpino, managing director for the Rockefeller Foundation's Pandemic Prevention Institute, joined Cheddar to discuss this effort and what lessons can be learned from the many COVID-19 failures as the world prepares for future pandemics.
U.S. Adds Disappointing 210,000 New Jobs In November
It's a mixed bag for the November jobs report. Hiring slowed last month as employers only added 210,000 jobs, massively missing the estimate of 550,000. But there was one bright spot: the unemployment rate fell to 4.2%, with the number of unemployed people dropping to 6.9 million. Both of those numbers are considerably down from their highs at the end of the 2020 recession. Heather Boushey, a member of President Biden's Council of Economic Advisers, joined Cheddar to discuss the report and the state of the country's ongoing economic recovery.
Load More