US President Donald Trump sharply escalated relations with Spain at the NATO summit in Ankara. He publicly ordered Treasury Secretary Scott Bessent to immediately halt all trade with the country, including tourism and visits.
“Spain is a lost cause. We have no intention of doing any trade with them. They are a terrible NATO partner. They don’t participate and they don’t pay. I want nothing to do with them. Stop all trade with Spain, including visits,” Trump said, addressing the Treasury Secretary directly.
The conflict stemmed from disagreements over two key issues. First, Spain refuses to increase defense spending to the NATO target of 5 percent of GDP. Second, Madrid has refused to grant US forces access to the Rota and Morón bases for operations against Iran and has also restricted the use of its airspace.
The Spanish government, led by Prime Minister Pedro Sánchez, responded with restraint. The Prime Minister’s office noted that bilateral relations remain excellent and mutually beneficial. Madrid also reiterated that trade policy is the exclusive responsibility of the European Union.
Bilateral trade between the United States and Spain in 2025-2026 was estimated to be approximately $47 billion. The United States maintains a trade surplus. Spain’s key exports to the United States include olive oil, wine, fruit, automobiles, and pharmaceuticals.
A full trade embargo appears unlikely due to legal restrictions and the EU’s common trade policy. However, experts do not rule out the introduction of targeted tariffs or other restrictive measures.
The situation continues to evolve. Official statements from Washington and Brussels are expected soon.