Finance

Spain's Sanchez to Trump: 'You cannot play Russian roulette with the destiny of millions'

Published by Global Banking & Finance Review

Posted on March 4, 2026

4 min read

· Last updated: April 2, 2026

Add as preferred source on Google
Spain's Sanchez to Trump: 'You cannot play Russian roulette with the destiny of millions'
Global Banking & Finance Awards 2026 — Call for Entries

MADRID, March 4 (Reuters) - Spain is against the "disaster" of the ongoing war in the Middle East, Prime Minister Pedro Sanchez said on Wednesday following President Donald Trump's threats to cut

Spain defies Trump's threats over stance on Iran war, says it 'won't be vassals'

Spain's Response to U.S. Pressure and the Iran Conflict

By David Latona and Victoria Waldersee

Spain Rejects U.S. Demands and Trade Threats

MADRID, March 4 (Reuters) - Spain "will not be vassals" to another country, Deputy Prime Minister Maria Jesus Montero said on Wednesday, defying U.S. President Donald Trump's threats to cut trade with Madrid over its stance against the U.S.-Israeli strikes on Iran.

Trump floated imposing a trade embargo on Madrid over its refusal to allow U.S. aircraft to use jointly operated naval and air bases in southern Spain for the offensive against Tehran. Spain has denounced the U.S. and Israeli bombings of Iran as reckless and illegal, while most other European nations have withheld direct critique of the attacks.

European Commission and EU Solidarity

"We are certainly not going to be anybody's vassals, we won't tolerate any threats and we'll defend our values," Montero told reporters, citing support for Spain from the European Commission.

The Commission said in a statement on Wednesday it expected the U.S. to abide by its trade deal with the European Union and expressed "full solidarity" with member states, but stopped short of naming Spain. The EU requires that third countries treat it as a single customs bloc.

Spanish Leadership's Anti-War Stance

Prime Minister Sanchez's Televised Address

In a televised address earlier on Wednesday, Spanish Prime Minister Pedro Sanchez reiterated Spain's anti-war stance, warning that the conflict risked triggering a major global disaster.

"We're not going to be complicit in something that's bad for the world, nor contrary to our values and interests, simply to avoid reprisals from someone," said Sanchez.

Criticism of U.S. and Israeli Leadership

One of the most outspoken critics of both Trump and Israeli Prime Minister Benjamin Netanyahu, Sanchez criticised leaders who "use the fog of war to hide their failure" at home.

"This is how humanity's great disasters start ... You cannot play Russian roulette with the destiny of millions," he said, highlighting the negative knock-on effects of the Iraq war, from a rise in jihadist terrorism to soaring energy prices, to argue that the consequences of the attack on Iran were just as nebulous.

Spain's Position in the Wider European Response

Spain has refrained so far from involving itself in defensive operations, even as Britain, France, and Greece have sent armaments to Cyprus, which was struck by a drone on Monday, and British Prime Minister Keir Starmer authorised use of UK bases for defensive strikes on Tehran.

Israel has criticised Sanchez, accusing him of "standing with tyrants".

Trump's Legal Arguments and Economic Implications

Trump's Embargo Claims

TRUMP SAYS HE CAN IMPOSE EMBARGOES

Trump on Tuesday claimed the Supreme Court's ruling in February, which declared that he could not use the International Emergency Economic Powers Act to impose tariffs because they were a tax measure, confirmed his right to apply embargoes.

Legal and Economic Analysis

Imposing a trade embargo would require making the case that Spain's refusal to permit use of its bases constituted a national emergency and posed an "unusual or extraordinary" threat to the U.S., said Peter Shane, a U.S. law professor at NYU.

"It's hard to see how Spain denying us the use of air bases on its territory for us to launch an unprovoked attack on Iran poses an extraordinary threat to our national security," Shane said.

Potential Impact on Spanish Exports

Spain sells more to the U.S. than it buys, but certain sectors like pharmaceutical products and olive oil are more exposed through high exports.

A source at Spanish olive oil producer Dcoop expressed worry about possible sanctions, adding it could bring orders forward. "We are farmers who want to market our products without obstacles," he said.

(Reporting by David Latona, Victoria Waldersee, Corina Pons, Emma Pinedo and Aislinn Laing; Editing by Charlie Devereux and Andrei Khalip)

Key Takeaways

  • Spain refused to allow U.S. aircraft — including refuelling tankers — to use its bases at Rota and Morón for strikes on Iran, citing international law and lack of UN mandate (theguardian.com).
  • Fifteen U.S. aircraft were relocated from Spanish bases to Germany and France after Madrid’s decision, underscoring the diplomatic rift (theolivepress.es).
  • President Trump threatened to 'cut off all trade with Spain' and instructed the Treasury to halt dealings, citing Spain’s non‑compliance on NATO defence spending and refusal to facilitate the Iran strikes (apnews.com).

References

Frequently Asked Questions

What stance did Spain take on the Middle East conflict?
Spain, led by PM Pedro Sanchez, strongly opposed the ongoing war in the Middle East.
How did President Trump respond to Spain's position?
President Trump threatened to cut trade with Spain over its opposition to US policy in the Middle East.
What actions did Spain take against US involvement in the conflict?
Spain banned US aircraft from using its naval and air bases for the offensive against Tehran.
How has the Spain-US relationship been affected?
Tensions between the two NATO allies have increased due to disagreements over the Middle East and US trade threats.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category