Trump seems to think that counts as US dollars in his calculations.
I continue to try to understand the guy's thought processes.
I agree with you here.
I think his logic may go something like this:
Those European freeloaders are able to find money to support Ukraine.
They can't find money to defend themselves.
I am defending them with my money.
It is my money that is permitting them to support Ukraine.
On top of my money that Biden sent to them directly.
He voices similar rationale on "subsidizing" Canada.
He doesn't refer to direct subsidies alone.
He refers to balance of trade (+40 Billion to -120 Billion depending on who is cooking the books)
He also refers to defence.
3.4% is his spend. Our spend is 1.4%. The 2% delta is 40 Billion or so of a 2 Trillion GDP.
His ask is 5% resulting in a delta of 3.6% or 72 Billion.
-120 Billion and -72 Billion = his 200 Billion "subsidy"
It isn't just statisticians that can make up numbers. Accountants are pretty good at it too.
Needless to say we can disagree on the numbers, their definitions and even if we agree on the utility of the expenditures as a sovereign state. The doesn't prevent him from doing whatever he feels he can get away with to solve his perceived problems.
....
To be honest, after Munich and what I saw yesterday I am more concerned about the prospect of 12 years of JD Vance.