• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipForeign Policy

Germany Hits Back at President Trump’s Claim That It Owes U.S. ‘Vast Sums’ of Money

By
Mahita Gajanan
Mahita Gajanan
Down Arrow Button Icon
By
Mahita Gajanan
Mahita Gajanan
Down Arrow Button Icon
March 19, 2017, 4:08 PM ET
New Defense Minister Von Der Leyen Takes Office
BERLIN, GERMANY - DECEMBER 17: New German Defense Minister Ursula von der Leyen reviews soldiers of the Bundeswehr shortly after she took office at the Defense Ministry on the day the new German government was sworn in on December 17, 2013 in Berlin, Germany. The new government is a coalition between the German Christian Democrats (CDU), the Bavarian Christian Democrats (CSU) and German Social Democrats (SPD) following federal elections held in September. (Photo by Sean Gallup/Getty Images)Sean Gallup/Getty Images

A German official rejected President Trump’s claim that it owes NATO and the U.S. “vast sums of money” for defense Sunday.

“There is no debt account at NATO,” German Defense Minister Ursula von der Leyen said in a statement.

On Saturday, Trump said Germany owes “vast sums of money” to NATO and that the U.S. “must be paid more” for providing defense, asserting his common refrain that European nations need to contribute more funds to the intergovernmental military alliance. His comments came via Twitter following his first meeting with German Chancellor Angela Merkel earlier this week.

Von der Leyen pointed out that defense spending goes beyond funding just for NATO.

“Defense spending also goes into UN peacekeeping missions, into our European missions and into our contribution to fight against IS terrorism,” she said, according to a Reuters report.

Countries under NATO have pledged to spend 2% of their GDP on defense by 2024. Merkel noted that Germany was committed to the 2% military spending goal during her visit to Washington.

Trump’s claims were also debunked by Ivo Daalder, the U.S. ambassador to NATO during Barack Obama’s first term. “That’s not how NATO works,” he tweeted.

1/ Sorry, Mr. President, that’s not how NATO works. The US decides for itself how much it contributes to defending NATO. pic.twitter.com/8svkzRBEQb

— Ivo Daalder (@IvoHDaalder) March 18, 2017

“The US decides for itself how much it contributes to defending NATO,” Daalder continued. “This is not a financial transaction where NATO countries pay the U.S. to defend them. It is part of our treaty commitment.”

About the Author
By Mahita Gajanan
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.