WASHINGTON (NEXSTAR) – NATO allies agreed to a major hike in defense spending, something President Donald Trump has long pushed for. The new commitment was announced on Wednesday during the annual NATO summit and comes amid concerns over international conflicts.

“Together, allies have laid the foundations for a stronger, fairer and more lethal NATO,” NATO Secretary-General Mark Rutte said. “This will fuel a quantum leap in our collective defense.”

The 32 NATO allies agreed to more than double their defense spending target to 5% of their GDP by 2035. 

President Trump celebrated the agreement.

“Something that no one really thought possible. And they said you did it sir. You did it. Well, I don’t know if I did it but I think I did,” Trump said. 

For years the U.S. has contributed significantly more money to defense than other NATO countries. 

“It’s a monumental win for the United States, because we were carrying much more than our fair share,” Trump said. 

The NATO leaders also re-emphasized their ironclad commitment to the NATO security guarantee that all members will defend any member that is attacked. Secretary General Rutte says he hopes the increased defense spending will be a deterrent to adversaries.

“I cannot personally bring peace to the world. what We can do, collectively. Is to make sure that we are so well prepared. We are so strong that nobody will ever attack us,” Rutte said. 

Some countries have already expressed doubts about actually reaching that target. Spain called the 5% target unreasonable and says it can not meet it. 

President Trump slammed Spain and suggested he will make them pay more in tariffs as a result. 

“They want a little bit of a free ride, but they have to pay it back to us on trade because I’m not gonna let that happen. It’s unfair,” Trump said. 

The president added that he plans to directly negotiate with Spain on the issue.