Trump, Xi Strike Tariff Truce | Balance of Power 10/30/2025

From Bloomberg Markets and Finance.

On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses President Trump hailing "amazing" summit with China’s Xi Jinping. On today’s show, Peterson Institute for International Economics Senior Fellow Mary Lovely, ROKK Solutions Senior Vice President Lisa Camooso Miller, Former Special Assistant to President Joe Biden Meghan Hays and Democratic Congressman Jake Auchincloss.

Chapters:
00:00:00 – Balance of Power: Early Edition Starts
00:06:07 – Tyler Kendall Provides Updates on Trump-Xi Meeting Buying Leaders Time as Both Seek Leverage in Broader Fight
00:10:25 – Peterson Institute for International Economics’ Mary Lovely Discusses Trump, XI Truce on Tariffs & Rare Earths, No Nvidia Blackwell in Talks
00:20:11 – Bloomberg Political Panel Examines Mamdani Maintaining Momentum in NYC Mayoral Race, NJ, VA Governor Races Heating Up
00:31:53 – Rep. Jake Auchincloss (D-MA) on Multiple FAA Ground Stops, Food Stamps, Trump-Xi Meeting Fallout
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