tom: brian belsky with us. trump reflation, maybe it is global reflation, does that change m&a? brian: at the end of the day i think it empowers u.s. companies. tom: more confidence. brian: this is all about confidence from the consumer side but especially corporate america who -- as interest rates start to ship higher -- they are nowhere near normal it on a relative basis compared to history they are still very low. the impetus to go back and buy back stock begins to lessen and mr. to do different things with their cash including and most importantly we think i'm a day especially in certain sectors. tom: within the m&a is the idea of the new american international bank. our banks international and are they different international? brian: i think at the end of the day the regulations that have been forced upon the us-backed -- u.s. banks have overcorrected themselves. tom: swiss like almost? brian: that's a whole another connotation -- that is another connotation compared that. in terms of how they built their b

that was brian belski. julie: still ahead, trumps twitter tactics.lect takes a fresh swipe at china on social media. this is bloomberg. ♪ mark: live from london, i'm mark barton. julie: i'm julie hyman. this is bloomberg markets. donald trump has gone after china again on twitter. us if it did china ask was ok to devalue their currency , heavily tax our products going into their country? we are joined by bloomberg's international government executive editor john. this tweet was in response to criticism of trump for taking a call from taiwan's president. china has had the one child policy for decades now. there has been a lot of talk about how big a diplomatic brouhaha this will set off. president yet. what do we make of all of this? >> that's a very important point to make. they could have chosen to express alarm and outrage at what president-elect trump tweeted. very much the word out of beijing is that he is not president yet and perhaps he is being badly advised. they are doing everything they can right now. julie: this is pretty much in line with

david: that was ian bremmer, president of the eurasia group, and brian belski.offering his resignation. coming up, volkswagen focusing on ride sharing. why are they going head with apple and uber? next. this is bloomberg. ♪ david: just want to clarify what is happening in italy there on the heels of the referendum. the prime minister has met with his cabinet and is headed to a dealing with the italian president. he is expected to tender his resignation, formally. some of the biggest business stories in the news right now. having won the contract partner with the trying field in the gulf of mexico, bhp secure the contract with a cash bid for the deal. the first ever for them for the state-run oil producer, trying on 25 miles in the territorial waters border that was discovered in 2012. new technology from amazon could make cashiers and checkout lines so 2016. testing out there just walk out technology next year. customers scan phones at the entrance, pick up whatever they want, and leave. the items are added to a virtual shopping cart in real-time, charting the p