Europe, the UK and Ukraine urgently need to “Trump-proof” their collective security by setting up a “Nato bank” to aid defence spending, a report suggests.
Europeans have to face the reality that if Donald Trump wins next month’s presidential election, he may quickly slash US defence spending in Europe, seek to impose a peace deal on Ukraine that leaves tracts of its territory in Russian hands and even withdraw from Nato altogether, the report by UK and German thinktanks says.