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We missed it? >> maybe not taiwan. certainly china. trump has spent the majority of his campaign talking about how china was swindling the united states and how he was going to renegotiate our deals with china. one thing that absolutely riles china up is when you talk to taiwan. to some degree, he is fulfilling a big campaign pledge to ruffle china's feathers. >> i hear that. that's the flip side of that, you are picking the wrong fight. if you want something out of china, you would work on jobs or the trade deficit or the things that you said you wanted. now you are spending capital, having a...

Spend it. with a divided congress this time around, did this president win any capital? >> well, certainly he did. i mean, he got re-elected. he got over 300 electoral votes as you know. we picked up two seats in the senate, picked up seven seats in the house. he has some capital, not unlimited. but i think the president is very serious about wanting to do something about the economy. i think that the republicans, if they are smart, they will find some middle ground. if they don't, are going to be in real trouble. i think the president has capital but only a limited amount. he will spend it ho...

we begin this hour with tensions ratcheting up between israel and iran. a bomb went off just as israeli tourists boarded a bus in the bulgarian resort city. six people are confirmed dead. some 30 others are wounded. president obama's strongly condemning the attack calling it in his word barbaric. cnn's elise labott is joining us live with the very latest. bulgarians are of course investigating. i'm sure the israelis are as well. first of all, what are the bulgarians saying? >> reporter: well, wolf, forensic investigators on the scene. it's all very preliminary at this point, but they...