Source: Politico
“President Donald Trump on Tuesday threatened to halt trade with Spain and said he had instructed Treasury Secretary Scott Bessent to ‘cut off all dealings’ with the country, amid a dispute over the use of jointly-operated military bases on Spanish soil. ‘We’re going to cut off all trade with Spain,’ Trump said during a sit-down with German Chancellor Friedrich Merz in the Oval Office. ‘We don’t want anything to do with Spain.’ Spain is a member of the European Union, a 27-country bloc that operates a common trade policy, so any attempt to single out Madrid would create friction with other member states, like Germany, France and Italy.” (03/03/26)