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Going to do business with our enemies and do business with russia and give them billions of dollars. is he talking about germany. we give 3.57% into the defense spending for nato. do you know how much germany gives? they are way down on the list. they are 1.24% to defense spending. steve: okay. we have just heard in seven minutes the president of the united states is going to start a press conference. there live in brussels and we will find out what was decided behind closed doors. we do know before they went in there they did issue a joint declaration reaffirming the assumption that all membe...

When they were supposed to be at 2% by 2024 and he said something interesting. he said the u.s. in actual numbers is spending 4.2% of its gdp on defense. i'm looking at numbers just released by nato yesterday and it estimates the united states will spend 3.5% of its gdp on defense in 2018. that's slightly lower than what it spent in 2017 which was 3.57%. nowhere near the 4.2% number. the president made quite clear he was referring to gdp when he was making these comments because he got the number for germany quite right saying they're a little over 1%. but to be clear it wasn't just military s...

Why do you think it's trump 2.0. >> he will have a same message this year that he had last year. pay more for your own defense. the idea is that nato nations should spend about 2% of their gdp to defend themselves. and to give you some perspective the united states spends 3.57% of a really huge gdp on defense. some of the nato nations, like spain and belgium spend less than 1%. some of the big ones like germany, canada, italy, spend a little more than 1% but most of them are below that 2% range that the president wants them to spend on defense and so it was his message last year and some of th...

♪ >> other countries have a commitment to meet 50% threshold and he wants to see them to at least that. some countries could do that by tomorrow and he's asking that they step up on the part of the solution. more burden sharing incident putting all the pressure on the united states. >> translator: compared to what others do in relation to their gross domestic product, it's not sufficient but we spend and that's why we have committed ourselves to increase our defense budget of 21.5% of our gross domestic product by 20205. >> back with the panel. germany is struggling to get to 1.5% of its gdp...

I'm not sure how he thinks he's going to get the goal of getting them to spend more money by picking on merkel and making it harder for her to go to the legislature and get that money. >> th >> which raises the question, does the president want the goal, the policy progress, or does he just want the fight? we'll come back to this on trade in a few minutes. but the president has a point. the nato allies have committed to spend more. this goes back several presidencies. under obama, it started to go up. that's the percentage of the gdp of these countries spent on the military. united states is 3...