President Trump Reaffirms Tariff Plan | Balance of Power

/ 6 hours ago March 12, 2025

From Bloomberg Markets and Finance.

"Balance of Power" focuses on the intersection of politics and global business. On today’s show, Mark Zandi, Moody’s Analytics Chief Economist shares his thoughts on how President Trump’s anticipated tariffs could impact US data and effect inflation, interest rates, and weaken economic growth. Retired General Ben Hodges, Fmr. Commanding General at the US Army Europe, discusses whether or not Russian President Vladimir Putin will accept the Ukraine truce talks and states Putin will likely drag the talks to see what Russia can get out of it.

Chapters:
00:00:00 – Balance of Power Begins
00:02:21 – Mark Zandi, Moody’s Analytics Chief Economist, on Economic Impact on Pres. Trump’s Upcoming Tariff Plans, Recession Worries, US Treasury
00:12:07 – Bloomberg’s Akayla Gardner on Department of Education to Cut Half of Workforce, Impact On Federal Student Aid
00:17:00 – Political Panel on Schumer Says Senate Dems Will Block GOP Plan, Government Shutdown Deadline Looms, Impact of DC Workforce Layoffs
00:28:23 – Bloomberg’s Dan Flatley on Russia to Respond to Ukraine Truce Talks In Next Few Days, US Might Impose More Pressures on Russia
00:31:16 – Retired Gen. Ben Hodges, Fmr. Commanding General at the US Army Europe, on What to Expect From Russia President Putin on Ukraine Truce Talks
00:39:53 – Political Panel on Pres. Trump Meets Irish Prime Minister in Oval Office
00:41:24 – President Trump Hosts Irish Taoiseach, Marks St. Patrick’s Day
00:43:43 – Reaction From Live Presser on Trump Hosting Irish Prime Minister, Will Relationship Last Pass April 2
00:49:00 – Lookahead at Washington: PPI Data, Trump Meets With Senate Finance, Agency Cuts
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