Trump to Double Steel Tariffs to 50% | Balance of Power: Late Edition 5/30/2025

Posted on 05/31/2025
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"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, President Trump delivers remarks on US Steel deal in Pennsylvania. Guests include Fmr. Assistant US Attorney Nick Akerman, Senior Fellow for Intl. Economics at the Peterson Institute Mary Lovely, Senior Fellow at the Center for American Progress Jared Bernstein, Center for the Study of the Presidency and Congress Senior Democracy Fellow Jeanne Sheehan Zaino, and Republican Strategist Lisa Camooso Miller.



Chapters:

00:00:00 - Balance of Power: Late Edition Begins

00:01:52 - Bloomberg’s Josh Wingrove on Pres. Trump to Deliver Remarks on US Steel

00:05:58 - Bloomberg’s Wendy Benjaminson on Elon Musk Exits Trump Administration, Latest on Trump & China

00:11:18 - Nick Akerman, Fmr. Assistant US Attorney, on SCOTUS Lets Trump End 500K Migrants’ Legal Status, Tariff Ruling Significance

00:24:43 - Political Panel on Elon Musk Leaves Trump Admin., Musk Says This is Not the End of DOGE, DOGE Fails to Curb Spending

00:31:32 - Bloomberg’s Josh Wingrove on Pres. Trump Touring Steel Plant Prior to Rally

00:32:22 - President Trump Enters Pennsylvania Steel Plant Rally

00:34:30 - Mary Lovely, Senior Fellow for Intl. Economics at the Peterson Institute, on Chinese Controls of Critical Minerals

00:36:11 - President Trump Delivers Remarks on US Steel Deal in Pennsylvania

00:43:45 - Mary Lovely, Senior Fellow for Intl. Economics at the Peterson Institute, on Trump & US Steel Deal

00:47:35 - President Trump Delivers Remarks on US Steel Deal in Pennsylvania

01:07:34 - Political Panel on Reaction to Trump & US Steel Deal to Americans, Trump Raises Steel Tariffs to 50%

01:20:53 - President Trump Delivers Remarks on US Steel Deal in Pennsylvania

01:33:19 - Anchor Summary of President Trump Remarks on Steel Deal

01:34:09 - Jared Bernstein, Snr. Fellow at Economic Policy at the Center for American Progress, on What to Make of Deal

01:42:43 - Bloomberg’s Josh Wingrove on Details of US Steel Deal, Is Deal a Partnership or Merger

01:44:39 - Political Panel Reaction on How Pres. Trump Is Selling Japanese Own US Steel Deal to Americans, Tax Bill Latest

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