"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Ron Kirk, former US Trade Representative during the Obama Administration, weighs in on if a 90-day time frame realistically allows the Trump Administration to negotiate trade deals with countries around the world. Pennsylvania Republican Senator Dave McCormick say he doesn't think the GOP-controlled Congress will support higher taxes for millionaires in order to offset revenue losses from President Donald Trump's proposed tax package. Nancy Tengler, Laffer Tengler Investments CEO & CIO, discusses tech stocks leading the selloff today and Federal Reserve Chair Jerome Powell commenting on market volatility.
Chapters:
00:00:00 - Balance of Power Begins
00:01:35 - Bloomberg’s Saleha Mohsin, on Japan Officials in DC for Tariff Talks, China is Factor When Countries Negotiate Tariffs, China’s Demands Before Talks
00:04:08 - Bloomberg’s Michael McKee on Fed Chair Powell Reaffirms Inflation Focus
00:06:12 - Bloomberg’s Romaine Bostick on Stocks Fall As Hope Dims For Fed Put, Equities Pacing for Third Down Month
00:08:58 - Ron Kirk, Fmr. US Trade Representative, On Trump Tariff Polices, 90-Day Negotiation Plan, Italian PM Meloni’s Upcoming Visit to White House
00:19:10 - Bloomberg’s David Westin Interviews Senator McCormick (R) PA on Trump Admin Standoff On Harvard, Is GOP Considering Millionaire Tax Hike
00:24:04 - Bloomberg’s Michael Shepard on Chipmakers Lead Tech Stock Rout, Nvidia & AMD Warn on Export Limits
00:27:07 - Political Panel on California Sues Trump Over Tariffs, Stefanik Weighs Run for NY Gov., Judge Threatens Trump Admin. With Contempt in Garcia Case
00:36:28 - Nancy Tengler, Laffer Tengler Investments CEO & CIO, on Jerome Powell, President Trump, Tariffs & Market Volatility
00:44:12 - Washington Lookahead: Italy PM Meloni to Visit President Trump
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Chapters:
00:00:00 - Balance of Power Begins
00:01:35 - Bloomberg’s Saleha Mohsin, on Japan Officials in DC for Tariff Talks, China is Factor When Countries Negotiate Tariffs, China’s Demands Before Talks
00:04:08 - Bloomberg’s Michael McKee on Fed Chair Powell Reaffirms Inflation Focus
00:06:12 - Bloomberg’s Romaine Bostick on Stocks Fall As Hope Dims For Fed Put, Equities Pacing for Third Down Month
00:08:58 - Ron Kirk, Fmr. US Trade Representative, On Trump Tariff Polices, 90-Day Negotiation Plan, Italian PM Meloni’s Upcoming Visit to White House
00:19:10 - Bloomberg’s David Westin Interviews Senator McCormick (R) PA on Trump Admin Standoff On Harvard, Is GOP Considering Millionaire Tax Hike
00:24:04 - Bloomberg’s Michael Shepard on Chipmakers Lead Tech Stock Rout, Nvidia & AMD Warn on Export Limits
00:27:07 - Political Panel on California Sues Trump Over Tariffs, Stefanik Weighs Run for NY Gov., Judge Threatens Trump Admin. With Contempt in Garcia Case
00:36:28 - Nancy Tengler, Laffer Tengler Investments CEO & CIO, on Jerome Powell, President Trump, Tariffs & Market Volatility
00:44:12 - Washington Lookahead: Italy PM Meloni to Visit President Trump
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts