NATO Is Making a Foolish Mistake Says Trump (Full Q&A)
Speakers
Summary
- Former President Trump criticizes NATO allies for praising the U.S. military action against Iran while refusing to provide tangible support, such as minesweepers for the Strait of Hormuz, calling it a "foolish mistake" for the alliance.
- He asserts the U.S. has successfully decimated Iran's military (navy, air force, radar, missile/drone factories) and nuclear capabilities, preventing a nuclear war that would have occurred within a month if not for the strikes.
- Trump expresses deep disappointment with UK Prime Minister Keir Starmer for not providing support, contrasting him negatively with Winston Churchill and criticizing the UK's energy policy.
- He strongly criticizes European energy policy, specifically the reliance on windmills, which he calls environmentally bad and expensive, while praising fossil fuels (oil and gas) and noting China's use of coal plants.
- He praises Middle Eastern allies—Qatar, UAE, Saudi Arabia, Bahrain, and Israel—for their strong support in the Iran conflict.
- He highlights the U.S. financial support for Ukraine (estimating $350-$400 billion) as a point of contrast to the lack of European support for U.S. actions.
- He dismisses the Irish President's criticism of the Iran war as illegal, stating the world is "lucky I exist" for preventing Iran from obtaining nuclear weapons.
- He announces a pending lawsuit against the BBC for allegedly using AI to fabricate quotes from him, part of a broader condemnation of "fraudulent news."
Trade Ideas
Trump criticizes UK Prime Minister Keir Starmer for offering to send aircraft carriers only after the conflict was won, not during, and for refusing to send minesweepers. He also extensively criticizes UK energy policy, specifically its reliance on wind power and failure to exploit North Sea oil, forcing it to buy oil expensively from Norway. The lack of timely support on security and adherence to what he views as a economically and strategically flawed energy policy demonstrates poor judgment and an unwillingness to act in mutual interest, damaging the special relationship. Under current leadership and policies, the UK is not a reliable or effective partner. The direction is AVOID due to strategic misalignment and poor policy outcomes (energy). A change in UK leadership or a dramatic shift in energy policy (e.g., embracing North Sea oil & gas) could restore the partnership's value.
Trump states windmills are "very bad environmentally," kill birds, are unsightly, noisy, expensive, and "don't work." He notes China manufactures them but uses coal, building new coal plants, while "foolish countries" like the UK deploy them. He frames wind energy as a costly, ineffective, and environmentally harmful technology pushed by environmentalists but avoided by pragmatic manufacturing nations, representing poor policy and investment. The sector is criticized as fundamentally flawed and a product of misguided ideology rather than sound economics or environmental science. The direction is AVOID. Major technological breakthroughs that drastically reduce cost, improve reliability, and mitigate environmental impacts could invalidate this view.
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This Bloomberg Markets video, published March 17, 2026, features Donald Trump discussing EWU, ICLN. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Donald Trump · Tickers: EWU, ICLN