"The President has been given a great deal of authority with respect to economic security matters," experts tell TIME.

U.S. President Donald Trump slammed Spain for not contributing enough to NATO, as he attended the defense alliance summit in Turkey.

Trump orders Treasury to cut off all trade with Spain after base access denial, shaking NATO unity and adding geopolitical risk for crypto and markets.

US President Trump announced a halt to all trade with Spain. He cited Spain as a poor partner within the NATO alliance. The U.S. leader expressed frustration with Spain's…

US President Donald Trump ordered his Treasury Secretary to cut off all trade with Spain on Wednesday, calling the NATO ally "a wasted cause", "a terrible partner," "hopeless,"…