"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Representative Jill Tokuda (D-HI), warns Taiwan "must not be a bargaining chip" during President Donald Trump's talks with Chinese President Xi Jinping. Tom Kloza, Chief Energy Advisor at Gulf Oil, says reopening the Strait of Hormuz is "the only lever you can pull that has a major impact" on fuel prices, warning gasoline could reach $5 a gallon or higher this summer if it stays closed. Mara Rudman, Professor at the University of Virginia's Miller Center and former Deputy Envoy for Middle East Peace at the US State Department, says there is likely no "near-term" diplomatic solution with Iran.
Chapters:
00:00:00 - Balance of Power: Late Edition Begins
00:01:58 - Jeff Mason On Pres. Trump Saying US-Iran Ceasefire on ‘Massive Life Support,’ Executives Going to China With White House
00:03:46 - Rep. Jill Tokuda (D) Hawaii on US-Iran Tensions Flare Ahead of Trump-Xi Meeting
00:13:22 - Power Moves: Top Financial Stories of the Day
00:17:07 - Tom Kloza, Gulf Oil Chief Oil Advisor, Shares His Insight on Pres. Trump Floats Temporary Gas Tax Halt
00:25:25 - Enda Curran on Jerome Powell Wraps Up Fed Chair Tenure, Traders Brace for Kevin Warsh
00:28:21 - Mara Rudman, Prof. at the Univ. of Virginia Miller Center, on Reaction From Trump’s Rhetoric of Iran Negotiations, Ceasefire on ‘Massive Life Support’
00:35:14 - Power Brief: Top Stories Watching Tonight
00:38:11 - Political Panel React to Poll Saying 24% People Think WHCD Shooting Was Staged, Is Trump Ballroom on Legislation Table, Federal Gas Tax Holiday
00:45:30 - Breaking News: CNN Says Supreme Court Lets Alabama Change House Map
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Chapters:
00:00:00 - Balance of Power: Late Edition Begins
00:01:58 - Jeff Mason On Pres. Trump Saying US-Iran Ceasefire on ‘Massive Life Support,’ Executives Going to China With White House
00:03:46 - Rep. Jill Tokuda (D) Hawaii on US-Iran Tensions Flare Ahead of Trump-Xi Meeting
00:13:22 - Power Moves: Top Financial Stories of the Day
00:17:07 - Tom Kloza, Gulf Oil Chief Oil Advisor, Shares His Insight on Pres. Trump Floats Temporary Gas Tax Halt
00:25:25 - Enda Curran on Jerome Powell Wraps Up Fed Chair Tenure, Traders Brace for Kevin Warsh
00:28:21 - Mara Rudman, Prof. at the Univ. of Virginia Miller Center, on Reaction From Trump’s Rhetoric of Iran Negotiations, Ceasefire on ‘Massive Life Support’
00:35:14 - Power Brief: Top Stories Watching Tonight
00:38:11 - Political Panel React to Poll Saying 24% People Think WHCD Shooting Was Staged, Is Trump Ballroom on Legislation Table, Federal Gas Tax Holiday
00:45:30 - Breaking News: CNN Says Supreme Court Lets Alabama Change House Map
--------
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
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X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
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X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
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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