
Trump reassures allies as Nato agrees to 'historic' spending hike
US President Donald Trump took a victory lap at Nato's Hague summit Wednesday, joining leaders in reaffirming the "ironclad" commitment to protect each other after allies agreed to his demand to ramp up defence spending.
The unpredictable US leader appeared keen to take the plaudits as he secured a key foreign policy win by getting Nato's 32 countries to agree to meet his headline target of five per cent of GDP on defence spending.
In a move that will provide reassurance to allies in Europe worried over the threat from Russia, Trump signed off on a final leaders' declaration confirming "our ironclad commitment" to Nato's collective defence pledge that an attack on one is an attack on all.
"It's a great victory for everybody, I think, and we will be equalised," Trump said of the new spending commitment, ahead of the summit's main session.
Diplomats said that behind closed doors Trump insisted there was no greater ally than Washington and urged others to spend some of the new money on US weaponry.
The deal hatched by Nato is a compromise that allows Trump to claim triumph, while in reality providing wiggle room for cash-strapped governments in Europe.
It sees countries promise to dedicate 3.5 per cent of GDP to core military spending by 2035, and a further 1.5 to broader security-related areas such as infrastructure.
Entering the meeting, leaders lined up to declare the summit's spending hike as "historic".
Nato allies say the increase is needed to counter a growing threat from Russia but also to keep Trump engaged, with the US leader long complaining that Europe spends too little on its own defence.
Belgian Prime Minister Bart De Wever said: "As Europeans, we should realise that our long break from history is over."
The continent needed to take responsibility for its own security "in a very difficult time", added De Wever.
Everything was carefully choreographed at the gathering in The Hague to keep the volatile US president on board: from chopping back the official part of the meeting to putting him up overnight in the royal palace.
Trump rattled his allies by appearing to cast some doubt on the validity of Nato's mutual defence clause — known as Article Five of the alliance treaty — telling reporters on the way to The Hague that it "depends on your definition. There's numerous definitions of Article Five."
But Rutte insisted Trump remained "totally committed" to the pledge -- which was reaffirmed unequivocally in the summit's final statement.
Underpinning the leaders' discussions on defence was Moscow's attack on Ukraine, and in another sop to the demands of allies the United States allowed Nato to refer to the "long-term threat posed by Russia to Euro-Atlantic security" in the communique.
Though its language was watered down from previous years, the declaration also said allies would continue to support Ukraine "whose security contributes to ours" and could use money from the new spending pledge to fund military aid for Kyiv.
That came as Trump was poised to meet the war-torn country's president Volodymyr Zelensky on the summit sidelines.
Zelensky is playing a less central role here than at previous summits, to avoid a bust-up with Trump after their infamous Oval Office shouting match.
But Trump described him as a "nice guy" and added that he was talking to Russian President Vladimir Putin about the war, saying: "I think progress is being made."
But despite Rutte's insistence that Ukraine's bid for membership remains "irreversible", Nato's statement avoided any mention of Kyiv's push to join after Trump ruled it out.
Hungary's Kremlin-friendly Prime Minister Viktor Orban was more categorical.
"Nato has no business in Ukraine," he said. "My job is to keep it as it is."
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The National
an hour ago
- The National
Trump announces new talks with Iran as hopes rise for Gaza truce
The US will re-enter talks with Iran next week after a ceasefire with Israel that also raises the prospects of peace in Gaza, President Donald Trump has said. Speaking at a Nato summit, Mr Trump said Iran is "not going to be building bombs for a long time" after US attacks, as mystery surrounded the fate of Iran's nuclear materials. He compared the US strikes to the atomic bombings of Hiroshima and Nagasaki that ended the Second World War. A truce continued to hold after Israel and Iran halted a 12-day air war, their worst ever direct conflict. If Israel "does not take any aggressive actions, Iran will not react either,' an Iranian government official told The National. Hamas meanwhile said Gaza ceasefire talks 'intensified in recent hours' with the participation of mediators from Egypt and Qatar. Mr Trump said "great progress" was being made to end the Israel-Hamas war, and said his special envoy Steve Witkoff had told him "Gaza is very close." He linked his optimism about imminent "very good news" for Gaza to the ceasefire agreed on Tuesday between Israel and Iran. "It helped a little, and sowed a lot of power," he said. "I think this helped." Mr Trump said the "war is done" after the US dropped "bunker-buster" bombs on three Iranian nuclear sites early on Sunday. Iran responded by launching missiles at an American air base in Qatar, in an attack widely condemned in the Arab world. "We're going to talk to them next week with Iran. We may sign an agreement, I don't know," said Mr Trump. "The way I look at it, they fought, the war is done. 'I don't want to use an example of Hiroshima. I don't want to use an example of Nagasaki, but that was essentially the same thing — that ended a war." The bombing raid ordered by Mr Trump hit the Fordow, Natanz, and Isfahan nuclear sites in Iran, which is suspected by the US and Israel of secretly developing a nuclear weapon. Iran denies this, insisting it is enriching uranium for peaceful purposes. Tehran will re-enter nuclear talks only if the US offers clear aims and takes steps to rebuild trust, current and former Iranian officials said. Five rounds of meetings failed to produce a deal on curbing Iran's activities, before Israel attacked Iran almost a fortnight ago. "We need to see whether the opposing sides will enter in good faith or not,' an analyst in Tehran who is close to the Iranian government told The National. 'The opposing side must prove that it is reliable this time with confidence-building measures,' the analyst said. 'We will wait until there is good faith and a new initiative.' Iran was believed to have a stockpile of near-weapons grade uranium before the air war broke out. The whereabouts of its nuclear materials are now unclear, amid speculation it could have moved them before the US bombing. Mr Trump maintained on Wednesday that "there was obliteration" but conceded that early US intelligence findings were inconclusive. "It could've been very severe. That's what the intelligence suggests," he said. Iran said only that its nuclear sites were "badly damaged" in the bombing raids. Israeli strikes also killed nuclear scientists and several senior military commanders in Iran, as well as hitting symbols of government power in Tehran. Rafael Grossi, the head of the International Atomic Energy Agency, said Iran informed him it had taken "precautionary measures" regarding its uranium stockpile. He said: 'There is rubble, there could be unexploded ordnance, there are not normal inspections.' A statement from Israeli Prime Minister Benjamin Netanyahu 's office said the strike on Fordow "destroyed the site's critical infrastructure and rendered the enrichment facility inoperable". Israel said it assessed that the strikes had set back Iran's nuclear programme 'by many years'. Mr Netanyahu is now coming under pressure from some quarters in Israeli politics to follow the Iran truce with a ceasefire deal in Gaza. Sources reported that top Hamas officials, including Khalil Al Hayah, Zaher Jabareen, and Nazar Awadallah, have been holding talks with Egyptian officials since they arrived in Cairo on Monday. A lone mid-level Israeli negotiator was also in Cairo, while a senior team from Israel's Mossad spy agency was expected later in the week, but only if the chances of making progress in the talks improve, according to the sources. They told The National that the proposals on the table to pause the war and secure the release of the remaining hostages held in Gaza were not different from those discussed in previous rounds, and which mediators from Egypt, Qatar and the US could not get Hamas and Israel to agree to. Life was returning to normal after the war. Israel has mostly lifted restrictions on schools and public gatherings put in place by a home front command. Iranian authorities announced the gradual easing of internet restrictions. "The communication network is gradually returning to its previous state," said the Islamic Revolutionary Guard Corps' cyber security command in a statement carried by state media. Hezbollah meanwhile lauded what it described as Iran's 'divine victory' over Israel in the 12-day war. The Lebanese armed group and political party said Iran's attacks 'shattered the aura of [Israel's] defence systems' and marked a 'new historical stage' in the region. Egyptian President Abdel Fattah El Sisi spoke by phone with Iranian President Masoud Pezeshkian, condemning Iran's attack on Qatar and reaffirming Cairo's support for "the sovereignty of Arab and Islamic states". According to a statement from Egypt's presidency, Mr El Sisi welcomed the ceasefire agreement between Iran and Israel, emphasising the need to "stabilise and uphold the agreement" to prevent escalation in the region.


Khaleej Times
an hour ago
- Khaleej Times
Major UAE developers plan investment in US real estate
Major UAE developers are eyeing the lucrative $110.83 trillion real estate market in the United States, after their successes in the UAE market, which saw real estate transactions exceeded Dh893 billion in Dubai, Abu Dhabi, Sharjah and Ajman last year. Americans are also one of the top ten nationalities to invest in the UAE's real estate market where rental yield ranges between 7 to 9 per cent. The UAE is currently the top export destination for the US in the Middle East and North Africa (Mena) region. In 2023, its exports reached over $24.8 billion, up 19 per cent from the previous year. The UAE trades with all 50 states and supports 166,000 American jobs, according to Martin Kocher, Partner at Alternative Investments. 'For American investors, UAE real estate offers high yields, tax benefits, and diversification in a fast-growing market. Investing in UAE real estate provides capital security, global market access, and an inflation hedge,' Kocher said in his latest article. Abu Dhabi's Mubadala Investment Company has recently injected new capital into the US alternative real estate commercial lender 3650 REIT as part of a recent funding round. Although the financial specifics of Mubadala's investment have not been revealed, its sovereign wealth fund's website indicates that its real estate division has partnered with 3650 REIT and CalSTRS to commit up to $4 billion towards the US real estate credit markets. Several UAE developers have announced major foray in expanding into the US market, with a focus on developing homes, offices, mixed-use communities and data centres. Damac Group is investing heavily in US data centres, while IGO, MAG Group, Mulk Holding, Dar Global and Sobha Realty are targeting the luxury real estate sector, in different parts of the United States, especially in Texas. Sobha Realty has earlier announced developing a number of projects in the United States. 'The total value of the US housing market is approaching $50 trillion, having added $3.1 trillion in value over the past year. This represents a 6.6 per cent rise compared to June 2023 and is more than double the value of a decade ago. Residential real estate is expected to be the dominant segment of the US real estate market, with a projected market volume of $110.83 trillion in 2025,' said a recent report by Statista, a global market intelligence provider. Foreign investment in US real estate surpassed $1.2 trillion in the last 15 years, according to a report published by The Regulatory Review. Foreign buyers purchased 54,300 properties, worth $42 billion from April 2023 through March 2024, according to the US National Association of Realtors (NAR). Foreign buyers who resided in the US as recent immigrants or who were holding visas that allowed them to live in the U.S. purchased $22.6 billion worth of U.S. existing homes, representing 54 per cent of the dollar volume of purchases. Foreign buyers who lived abroad purchased $19.4 billion worth of existing homes, accounting for 46 per cent of the dollar volume. International buyers accounted for 2 per cent of the $2.1 trillion in total annual US existing-home sales during that period. Florida remained the top destination for foreign buyers, accounting for 20 per cent of all international purchases. Texas (13 per cent) and California (11 per cent) were second and third, respectively, followed by Arizona (5 per cent), Georgia, New Jersey, New York and North Carolina (4 per cent each), NAR said. Inventory in Miami-Dade County, which includes one of the most expensive metro markets in Florida and the country, rose by over 43 per cent in April compared to the same month a year earlier, according to data from Miami Realtors. This surge in for-sale homes could be a telltale sign of an impending cooldown in Miami-Dade's housing market, even as prices continue to rise in the county at a rate five times faster than the national level, according to Redfin data. The news comes as more than 100 real estate exhibitors from 15 countries including UAE are going to participate at the 2nd edition of America Property Exhibition, Summit and Gala Awards that will take place at the Miami Convention Centre from September 15-17, 2025. Organised by MIE Events and supported by Dubai Land Department, the 2nd America Property Exhibition (APEX) will see major UAE real estate developers; brokers and investors participate in the three-day event that will also focus on the cross-border investment in real estate and construction sector worldwide. APEX will attract more US investors and property buyers to buy properties in the UAE. The APEX takes place a few months after the UAE's recent announcement of investment outlay of $1.4 trillion in US economy in the next ten years in various sectors like AI infrastructure, semiconductors, energy, housing and American manufacturing. More than 3,000 professional realtors are expected to attend the three-day event in which more than 100 global real estate projects will be showcased where 150 experts and speakers will offer their insights and more than 100 VIP buyers will attend to invest in the projects that will be showcased at the APEX 2025 Exhibition and Conference. 'APEX is designed to be the leading international real estate platform in the US, promoting global investment, innovation, and partnerships in the property sector and we are delighted to announce the dates for the 2nd APEX this September, following our successful first edition held last year,' Zahoor Ahmed, Vice-President for Strategy and Partnerships at MIE Events, says. 'We are also happy to announce our partnership with the Dubai Land Department which has lent its strong support to the event that is expected to attract investment from the North American markets to the UAE's property market in the coming years. This way, APEX is going to play a crucial role in strengthening the US-UAE economic partnership.'


Middle East Eye
an hour ago
- Middle East Eye
US judge blocks Trump's attempts to bar international students from Harvard
A federal judge on Monday blocked the US government's attempt to bar foreign nationals from studying at Harvard University, citing concerns about free speech. Massachusetts judge Allison Burroughs issued an injunction preventing President Donald Trump's administration from barring Harvard from enrolling international students amid an ongoing legal feud between the two sides. In her ruling, she said the case was about "core constitutional rights that must be safeguarded: freedom of thought, freedom of expression, and freedom of speech". 'Here, the government's misplaced efforts to control a reputable academic institution and squelch diverse viewpoints seemingly because they are, in some instances, opposed to this Administration's own views, threaten these rights,' Burroughs wrote Monday. 'To make matters worse, the government attempts to accomplish this, at least in part, on the backs of international students, with little thought to the consequences to them or, ultimately, to our own citizens,' she added. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters There are almost 7,000 international students at Harvard University, who make up more than a quarter of its student body. The preliminary injunction extends a temporary order the judge issued on 5 June that prevented the administration from enforcing a proclamation Trump signed on 4 June, which cited national security concerns to justify why the Ivy League institution could no longer enrol international students. Trump signed the proclamation after his administration had already frozen billions of dollars in funding for the university, threatened Harvard's tax-exempt status, and launched several investigations into the school. The proclamation prohibited foreign nationals from entering the US to study at Harvard or participate in exchange visitor programmes for a preliminary period of six months, and directed Secretary of State Marco Rubio to consider whether to revoke visas of international students already enrolled at Harvard. The ruling followed Trump's announcement on Truth Social on Friday that a deal with the university was imminent "over the next week or so", but it was unclear what any deal might entail. Escalation Attempting to revoke Harvard's ability to enrol international students is one of a string of measures aimed at curtailing the university's academic freedom and punish it for not capitulating to the Trump administration's demands. The battle really took off at the end of March when the Trump administration announced it was reviewing $9bn in federal funds and grants to Harvard. It said it would review more than $255.6m in current contracts and $8.7bn in grants spread over multiple years. 'Are they troublemakers?': Trump questions why Harvard has so many international students Read More » The administration accused the university of failing to adequately protect Jewish students on campus from antisemitic discrimination and harassment, in violation of Title VI of the Civil Rights Act of 1964. On 3 April, the Trump administration sent an initial list of demands to 'right these wrongs', as part of its crackdown on what it calls antisemitism on campuses across the US, referring to the widespread campus protests against Israel's war on Gaza. Then, on 11 April, the Federal Task Force to Combat Antisemitism sent Harvard an expanded list of demands - such as reporting foreign students for code violations, reforming its governance and leadership, discontinuing its diversity, equity, and inclusion programmes, and changing its hiring and admission policies, especially for international students.. In response to the expanded list of demands, the institution took a stand against the Trump administration, saying in a letter issued by Emanuel Urquhart & Sullivan LLP and King & Spalding LLP that "the university will not surrender its independence or relinquish its constitutional rights'. The Trump administration then escalated its attack on Harvard with a $2.3bn federal funding freeze, which represents 35.9 percent of Harvard's $6.4bn operating expenses. Then, the US Department of Health and Human Services said that it was terminating $60m in federal grants to the university, saying it failed to address antisemitic harassment and ethnic discrimination on campus. While Monday's court decision represents a victory for Harvard, it is still embroiled in a legal war with the government that is not over yet.