"We will break all trade with Spain". Trump hard about Madrid

angora24.pl 1 month ago

We'll break up all trade with Spain. We don't want anything to do with Spain. said Trump.

The U.S. president stressed that Spain did not rise defence spending to 5% of GDP and pointed out that the authorities of this country did not agree to usage their military bases. In his opinion, this shows the deficiency of a friendly attitude of Madrid towards the United States.

On Monday, Spain's defence minister Margarita Robles reported that the military bases in the south of the country, which have been utilized by US forces for decades, have not supported US offensive actions against Iran.

Spanish economy threatened

Data from the U.S. Statistical Office show that in 2025 the United States achieved a 4th consecutive year of surplus trade with Spain, which amounted to $4.8 billion. American exports to this country amounted to $26.1 billion, while imports amounted to $21.3 billion. According to Reuters, exports from the US to Spain of crude oil and liquefied natural gas have increased importantly in fresh years.

However, Spain is not 1 of the key trading partners of the United States – only 4.3% of Spanish exports are exported to the US market.

Some sectors of the Spanish economy are peculiarly susceptible to possible restrictions on the part of the United States, including olive oil and Spanish wine. In addition to agricultural products, Spain besides sends machinery, capital goods and electrical equipment to the US, and the full value of these exports exceeds EUR 4 billion.

The Madrid authorities stated that any change in trade relations between the United States and Spain should take place within the framework of the arrangements developed between the US and the European Union. At the same time, the government has ensured that it has the appropriate tools to support industries exposed to the negative effects of possible decisions and to independent and diversify supply chains.

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