00:00You clearly see the trajectory. The trajectory is that European allies are spending more.
00:04I've mentioned yesterday again the German example, but I could mention the Dutch example, the Polish example,
00:09so many examples in Europe. Sweden, where we are today, already reaching the 5%, including the 3.5 core defense
00:16spending,
00:16by 2030, five years ahead of schedule. And this is necessary not only to equalize what we are spending with
00:23the United States,
00:23but also to make sure that we have what we need to deter and defend against our adversaries,
00:30including our long-term threat, which is Russia. And the U.S. will play a key role in Europe when
00:36it comes to the nuclear,
00:37but also when it comes to the conventional. But what you will be seeing over the coming time is a
00:44step-by-step process
00:45where the Europeans step up more, which is really important. The Americans acknowledge this.
00:50And within that process, you will always have, of course, decisions and announcements, which are part of the longer-term
00:57trajectory.
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