The North Atlantic Treaty Organization forecast higher military spending by U.S. allies before a summit where President Donald Trump may repeat a demand for Europe to foot more of the common security bill.
NATO raised its projection of extra defense expenditure by European member countries and Canada in 2016-2020 to $130 billion in total from $100 billion. The alliance also produced its first forecast of these countries’ combined increase for the period through 2024: $400 billion.
