In the latest Echelon Insights poll, conducted between May 8-12 among 1,000 likely voters, Trump's net approval rating on the economy slid, with disapproval rising 2 points since April from 52 to 54 percent, while his approval rating remained the same at 44 percent.

President Donald Trump’s approval rating has improved slightly since dropping after his tariff trade wars that caused the stock market to sink.

A new national poll is one of the first to indicate a bump up in President Donald Trump's approval ratings, as new trade deals may ease inflation concerns.

Germany on Thursday backed U.S. President Donald Trump's demand to more than double NATO's defence spending target to 5% of GDP, as Washington urged countries to eliminate any "weak links" in the alliance caused by a lack of military investment.

European defense stocks were rallying on Thursday, as Germany’s foreign minister said the country accepted the 5% of GDP defense-spending target for NATO countries.

German Foreign Minister Johann Wadephul said his country is prepared to move toward spending 5% of its economic output on defense, backing a goal pushed by US President Donald Trump for NATO members and underscoring the new Berlin government’s more aggressive stance on the military.