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Reading: Trump threatens Spain with commerce struggle after it refuses to roll over and lend its military bases to the Iran effort | Fortune
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Asolica > Blog > Business > Trump threatens Spain with commerce struggle after it refuses to roll over and lend its military bases to the Iran effort | Fortune
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Trump threatens Spain with commerce struggle after it refuses to roll over and lend its military bases to the Iran effort | Fortune

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Last updated: March 3, 2026 11:58 pm
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1 week ago
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Trump threatens Spain with commerce struggle after it refuses to roll over and lend its military bases to the Iran effort | Fortune
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“We’re going to cut off all trade with Spain,” Trump instructed reporters throughout an Oval Workplace assembly with German Chancellor Friedrich Merz. “We don’t want anything to do with Spain.”

The U.S. president’s feedback got here a day after Spanish International Minister José Manuel Albares stated his nation wouldn’t enable the U.S. to make use of collectively operated bases in southern Spain in any strikes not coated by the United Nations’ constitution. Albares famous that the navy bases in Spain weren’t used within the weekend assault on Iran.

It’s unclear how Trump would minimize off commerce with Spain, provided that Spain is beneath the umbrella of the European Union. The EU negotiates commerce offers on behalf of all 27 member nations.

“If the U.S. administration wishes to review the trade agreement, it must do so respecting the autonomy of private companies, international law, and bilateral agreements between the European Union and the United States,” a spokesperson from Spanish Prime Minister Pedro Sánchez’s workplace stated Tuesday.

The EU stated it expects the Trump administration to honor a commerce deal struck with the 27-nation bloc in Scotland final 12 months after months of financial uncertainty over Trump’s tariff blitzkrieg.

“The Commission will always ensure that the interests of the European Union are fully protected,” stated European Fee spokesperson Olof Gill.

It was simply the most recent occasion of the president wielding the specter of tariffs or commerce embargoes as a punishment and got here on the heels of a Supreme Courtroom choice that struck down Trump’s far-reaching international tariffs. Whereas the courtroom stated that the Worldwide Emergency Financial Powers Act doesn’t authorize the president to unilaterally impose sweeping tariffs, Trump now maintains that the courtroom permits him to as a substitute impose full-scale embargoes on different nations of his selecting.

Trump additionally complained anew Tuesday about Spain’s choice final 12 months to again out of NATO’s 5% protection spending goal. On the time, Spain stated it may attain its navy capabilities by spending 2.1% of its GDP, a transfer that Trump roundly criticized and responded to with tariff threats as effectively.

Spain, Trump stated, is “the only country that in NATO would not agree to go up to 5%” in NATO spending. “I don’t think they agreed to go up to anything. They wanted to keep it at 2% and they don’t pay the 2%.”

Merz famous that Trump was appropriate and stated, “We are trying to convince them that this is a part of our common security, that we all have to comply with this.”

Spain defended its place Tuesday, saying it’s “a key member of NATO, fulfilling its commitments and making a significant contribution to the defense of European territory,” the spokesperson in Sánchez’s workplace stated.

Through the Oval Workplace assembly, Trump turned to U.S. Treasury Secretary Scott Bessent for his opinion on the president’s embargo authority.

Bessent stated, “I agree that the Supreme Court reaffirmed your ability to implement an embargo.” Bessent added that the U.S. Commerce Consultant and Commerce Division would “begin investigations and we’ll move forward with those.”

A consultant from the U.S. Treasury Division didn’t reply to a request from The Related Press for extra remark.

Sánchez has been vital of the U.S. and Israeli assaults on Iran, calling it an “unjustifiable” and “dangerous” navy intervention. His authorities has demanded an instantaneous de-escalation and dialogue and in addition condemned Iran’s strikes throughout the area.

Trump stated, “Spain has absolutely nothing that we need other than great people. They have great people, but they don’t have great leadership.”

Spain’s place on using U.S. bases in its territory marks the most recent flare-up in its relationship with the Trump administration. Underneath Sánchez, Europe’s final main progressive chief, Spain was additionally an outspoken critic of Israel’s struggle in Gaza.

___

Naishadham reported from Madrid. AP journalist Sam McNeil in Brussels contributed.

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