Trump Signals Shift in Ties With Turkey at NATO Summit

Summary

Bloomberg's Annmarie Hordern reports from the NATO summit in Ankara where President Trump signaled a possible shift in US-Turkey ties, including lifting sanctions and selling F-35 jets. She discusses the mood among allies, defense spending targets, and divisions over Ukraine and Iran, noting Turkey's push for F-35s and differing European stances.

• President Trump lauds his relationship with Turkey's Erdogan and hints at lifting sanctions and selling F-35 jets to Turkey.
• The potential F-35 deal faces legal hurdles because Turkey previously bought Russian S-400 systems.
• NATO allies are urged to raise defense spending to 5% of GDP, with $50 billion in deals seen on the summit sidelines.
• Some partners opt for Swedish Saab over Boeing in new defense contracts.
• American defense manufacturers still hold sway globally but allies need to buy broadly to meet spending targets.
• Finland's president suggests licensing Patriot missile production inside Ukraine.
• Tensions persist over Iran conflict; European unity is mixed, with countries like Spain barring US use of its airspace.
• Israel strongly opposes Turkey receiving F-35s, creating diplomatic friction for the US.