johnson.at is ron ofll ahead, lawrence korb the center for american progress, joins us with more on the nato summit. when was the last time he remembers one this contentious? we will ask him that. this is bloomberg. ♪ shery: this is "bloomberg markets: relative power." david: president trump is challenging members of the nato alliance. as we look forward to the results of the meeting ongoing right now, we welcome now lawrence korb, senior fellow at the center for american progress, former assistant secretary of defense. thank you for joining us. thanks.: nice to be with you. david: president trump said you ford not get to 2% of gdp defense spending, so let's try 4%. at 3.5%. we are the idea that we are a world power that not only has concerns in europe but also with china in the pacific, that they want them to go to 4%. he is also adoring the fact that since 2014, all the members of nato have been increasing defense. they agreed that by 2024 they , sod get to the 2% of gdp they are moving in the right direction. the idea that somehow they are backsliding or do not understand what is hap