‘Trump-proof’ European security by setting up ‘Nato bank’, thinktanks urge

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UK and German experts say measures to protect Ukraine if ex-US president is re-elected should also be considered

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 he wins next month’s presidential election, Donald Trump 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.

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