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Trump Proposes Ceasefire After US Strikes Iran as NATO Pledges Defense Boost

European capitals are preparing major defense budget increases to deter potential regional fallout.

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Finanzminister Lars Klingbeil (SPD)
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Overview

  • US forces under President Trump launched precision strikes on Iran’s Fordo, Natans and Isfahan nuclear facilities in a preventive action against Tehran’s suspected weapons program.
  • Iran retaliated with preannounced missile attacks on US bases in Qatar and Iraq, and all projectiles were intercepted without causing casualties.
  • President Trump announced a twelve-hour ceasefire by Iran followed by a twelve-hour pause by Israel to aim for a 24-hour end to hostilities.
  • NATO members agreed to raise their defense spending to five percent of GDP to strengthen the alliance’s collective deterrence.
  • Germany committed to boosting its defense budget to 3.5 percent of GDP by 2029 and has heightened domestic security against possible Iranian espionage and attacks.