From Bloomberg Markets and Finance.

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Greta Peisch, Wiley Rein Partner, discusses US Treasury Secretary Bessent stating he sees a de-escalation with China. Lanhee Chen, Fellow in American Public Policy Studies at the Hoover Institution, weighs in on President Trump being optimistic about the relationship between China & the United States over the President’s reciprocal tariffs.

Chapters:
00:00:00 – Balance of Power Begins
00:01:56 – Bloomberg’s Michael McKee on Could There Be Trade Deals Between US & China, IMF Slashes Global Growth Forecast
00:04:14 – Greta Peisch, Wiley Rein Partner, on Bessent Sees De-Escalation With China, US & India Close to Bilateral Trade Deal
00:13:01 – Evelyn Farkas, Executive Director of the McCain Institute, on Marco Rubio Won’t Attend Ukraine Russia Peace Talks in London
00:14:06 – Live to Oval Office As President Trump Talks Trade Deals
00:24:26 – Anchors Wrap Pres. Trump Q&A, Trump States No Intention of Firing Federal Reserve Chair Jerome Powell
00:26:12 – Bloomberg’s Michael McKee on President Trump’s Remarks on No Intention to Firing Powell
00:30:24 – Lanhee Chen, Fellow of American Public Policy Studies at Hoover Institution, on Trump Tariffs, China & US, Trump No Intention to Fire Powell
00:37:59 – Bloomberg’s Laura Davison on What Led President Trump to Change His Mind About Jerome Powell
00:39:36 – Political Panel on Reaction to Trump Messaging on Fed Chair, What Caused Trump’s Statement, Trump Reciprocal Tariffs
00:48:47 – Bloomberg’s Ed Ludlow on Tesla Earnings, Elon Musk Limiting Time At DOGE
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