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"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Treasury Secretary Scott Bessent talks about President Donald Trump’s tariff policies, countries trying to work out new trade deals, and Argentina paying off its swap line with China. David Bahnsen, Founder & Managing Partner of the Bahnsen Group, discusses whether or not President Trump talking about tariff exemptions or flexibility will be a way to calm down market volatility. Janet Yellen, Former US Treasury Secretary and Former Federal Reserve Chair, weighs in on President Trump’s tariff plans & whether or not a 90-day pause and possible exemptions are positive or create more harm than good.
Chapters:
00:00:00 – Balance of Power Begins
00:01:38 – Bloomberg’s Annmarie Hordern Previews Interview With US Treasury Secretary Scott Bessent in Argentina
00:02:37 – US Treasury Secretary Scott Bessent on Showing Support For Argentina, Tariff Negotiations, China, Trade Talks
00:11:56 – Bloomberg’s Jennifer Dlouhy on Pres. Trump Hosting El Salvador Pres. Bukele, Bukele Won’t Return Wrongly Deported Man, Trump on Auto Exemptions
00:14:38 – Bloomberg’s Romaine Bostick on Markets React to President Trump Saying Auto Parts Possible for Tariff Exemption
00:17:49 – David Bahnsen, Founder & Managing Partner of the Bahnsen Group, on Whether or Not Tariff Exemptions Will Help Market Volatility
00:23:32 – Fmr. US Treasury Secretary, Janet Yellen, on Pres. Trump’s Tariffs Plan, US-China Trade War, Recession Worries, Will The Fed Intervene
00:40:04 – Political Panel React to El Salvador Pres. Saying Won’t Return Wrongly Deported Man, Harvard Refuses to Accept Trump Admin. Deal
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