"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Ontario Premier Doug Ford says Canada should answer US tariffs “tariff for tariff and dollar for dollar,” but urges President Donald Trump and Prime Minister Mark Carney to reach a fair agreement. Sen. Ted Cruz (R-TX) says tariff threats should be used to open markets, lower trade barriers and expand trade—not to keep tariffs high indefinitely. Michael Faulkender, Former Deputy Secretary of the United States Treasury, says Kevin Warsh should reinforce his commitment to bringing inflation back to 2.0%, while arguing that energy-driven price pressures do not justify an interest-rate increase.
Chapters:
00:01:02 Doug Ford, Ontario Premier, on Tariffs, Energy and US Relations
00:05:22 Doug Ford on Failed Trade Talks and a Path to a Deal
00:08:02 Doug Ford on American Alcohol and the Cost of the Trade War
00:12:28 Sen. Ted Cruz (R-TX) on US Canada Trade
00:15:14 Sen. Ted Cruz (R-TX) on Data Centers and the AI Race
00:18:19 Sen. Ted Cruz (R-TX) on Flock Cameras and Government Surveillance
00:19:38 Sen. Ted Cruz (R-TX) Discusses His New Book and Clarence Thomas’ Legacy
00:24:37 Power Moves: Top Financial Moves
00:26:35 Michael Faulkender, Former Deputy Secretary of the United States Treasury, on Inflation and Fed Policy
00:29:11 Michael Faulkender on US Debt and Rising Treasury Yields
00:31:58 Michael Faulkender on US Shifts From Iran Strikes to Sanctions
00:34:51 Kathy Warden, Northrop Grumman CEO, on Defense Spending
00:40:24 Bloomberg’s Bill Faries on South Carolina Senate Special Election
00:43:03 Political Panel Reacts: Trump’s Endorsement Power, Texas Races Tighten Ahead of Midterms, Data Centers Emerge as a Campaign Issue
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