US Slashes Military Assets for NATO, Spiegel Reports

The United States is planning sweeping cuts to military assets it makes available to NATO for crisis scenarios, Der Spiegel reports. Fighter jets would be cut by one third, strategic bombers by half, and zero submarines would be allocated.

The reductions were outlined in a closed-door briefing by US envoy Alexander Velez-Green to senior NATO officials. Washington has also announced plans to withdraw approximately 5,000 troops from Europe and cancel a brigade rotation to Poland.

The US has maintained its nuclear commitment, but the conventional drawdown signals a push to shift defense burdens onto European allies. Germany has been ramping up defense spending and recently deployed a brigade to Lithuania.

For investors, the implications include potential pressure on the euro, capital flows to dollar-denominated assets, and increased global uncertainty.