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The Economic Times

Global Business / The Economic Times

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Raise defence spending or else, Hegseth tells NATO, Europe

US Defense Secretary Pete Hegseth issued a stern warning to European allies regarding defense spending. He stated that nations failing to increase their military budgets sufficiently will experience a significant change in how the US conducts its partnerships. Hegseth highlighted that many allies are still catching up on defense commitments.

30 May 2026 1:37 pm