Balance of Power

Balance of Power: Trump Urges Putin to Stop Ukraine Strikes (Podcast) The US will demand that Russia accept Ukraine’s right to develop its own, adequately equipped, army and defense industry as part of a peace agreement, according to people familiar with the matter, pushing back on Russia’s insistence that the country largely demilitarize as a condition to end the war.US envoy Steve Witkoff will travel to Russia to raise the issue with President Vladimir Putin, according to the people, who spoke on condition of anonymity to discuss private negotiations. It’s a signal that President Donald Trump’s administration is seeking some concessions from the Kremlin, as well as Ukraine, as it tries to end a war that’s now into its fourth year. Critics have thus far viewed the US proposals as tilted toward Russia, including the Trump administration’s insistence that Ukraine give up its aspirations to join the NATO military alliance. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Director of the Futures Lab and Senior Fellow with the Defense and Security Department at the Center of Strategic and International Studies Ben Jensen. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. Operation Hope Inc. Chairman, CEO and Founder John Hope Bryant. See omnystudio.com/listener for privacy information.

In this engaging discussion, Melinda Haring, a Nonresident Senior Fellow at the Atlantic Council and an expert on Ukraine, shares her insights on the ongoing negotiations between Ukraine and Russia, stressing the need for stronger security guarantees. Meanwhile, Ed Ludlow, co-host of Bloomberg Technology, provides a fascinating look at how global political dynamics are influencing Tesla's stock performance, despite recent challenges. Together, they unravel the implications of Trump's shifting stance on tariffs and the Federal Reserve amid growing market anxieties.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China cannot be sustained by both sides and that the world’s two largest economies will have to find ways to de-escalate.That de-escalation will come in the very near future, Bessent said during an event hosted by JPMorgan Chase & Co. in Washington, which wasn’t open to the public or media. He characterized the current situation as essentially a trade embargo, according to people who attended the session.Bessent said that it was not the US’s goal to decouple from China and that the current status quo of 145% tariffs on Chinese goods by the US and 125% tariffs on US products by China was not sustainable. He expressed optimism that tensions could cool in the coming months, which would bring relief to markets, but cautioned that a larger deal could take longer.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg White House Correspondent Kate Sullivan. Bloomberg Politics Contributor Rick Davis and ROKK Solutions Partner Kristen Hawn. Bloomberg International Economics and Policy Correspondent Michael McKee. EIU Chief Economist Constance Hunter. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. President Donald Trump warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell.Trump said in a social media post Monday that “there is virtually No Inflation,” pointing to lower energy and food prices.“But there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW,” Trump said, referring to Powell.Economists widely expect Trump’s tariffs to boost inflation and slow growth, even if just temporarily. While inflation has cooled notably in recent years, it remains elevated. Powell, along with several of his colleagues, has underscored the central bank must ensure new levies don’t lead to a more persistent bout of inflation.Trump has rattled Wall Street by repeatedly criticizing Powell and suggesting he had the ability to remove the Fed Chair before the end of his term. US equities sank on Monday as traders weighed the chances Powell gets axed, with the S&P 500 Index falling more than 3%.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg's Tyler Kendall. Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams. Republican Congresswoman Nicole Malliotakis of New York. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. Bloomberg's Tony Capaccio. Beacon Global Strategies Managing Director Michael Allen. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said during a meeting with Italian Prime Minister Giorgia Meloni that he expects to reach a trade deal with the European Union, but indicated he is in no hurry to finalize an agreement to reduce tariffs.“There’ll be a trade deal,” Trump said Thursday, adding “I fully expect it, but it’ll be a fair deal.”The president offered no time line for when he expected the first of the agreements to be finalized with trading partners seeking to avoid high tariffs, saying only that they would happen “at a certain point” and insisting that other nations would need to make concessions.“We’re in no rush,” Trump added. “We are going to have very little problem making a deal with Europe or anyone else.”Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg's Michael McKee and Tyler Kendall. Bloomberg Politics Contributor Rick Davis and Democratic Strategist Caitlin Legacki. Atlantic Council Nonresident Senior Fellow Rachel Rizzo. Editor of NASAWatch.com and Astrobiology.com, former-Scientist with NASA Keith Cowing. See omnystudio.com/listener for privacy information.

International negotiations between the U.S. and Japan heat up as Trump aims for deals on tariffs and military support. Concerns rise over semiconductor trade tensions, particularly with China, and how restrictions could hit tech giants like NVIDIA. Political analysts weigh in on the impact of Washington's policies on investment strategies, while immigration issues add a layer of complexity to trade talks. Legal challenges surrounding Trump's sphere spark discussions on accountability, highlighting the need for adherence to the rule of law.

Erica York, Vice President of Federal Tax Policy at the Tax Foundation, and Eric Freedman, Chief Investment Officer for US Bank Asset Management, dive deep into the knotty issues surrounding US-EU trade relations. They discuss the stalled negotiations and the implications of ongoing tariffs on both economies. The conversation touches on how recent policies affect investor sentiment and market behavior. With fiscal challenges and geopolitical tensions looming, they reflect on the potential economic consequences and the importance of clear communication in navigating these turbulent waters.

Michael Allen, Managing Director at Beacon Global Strategies and former special assistant to George W. Bush, dives deep into the intricacies of Trump's tariff proposals. He discusses potential exemptions for automakers grappling with production shifts, and addresses the broader implications for tech companies like Apple and NVIDIA. Allen also highlights the political fallout from these tariffs on public opinion, contrasting the reactions of Republican lawmakers and Democratic leaders. Additionally, he examines the geopolitics of oil demand and the ongoing complexities of the Ukraine conflict.

In a thought-provoking discussion, Christopher Smart, Managing Partner at Arbroath Group, Joe Lavorgna, Chief Economist at SMBC Nikko Securities, and Ellen Wald, Nonresident Senior Fellow at the Atlantic Council, tackle the rising U.S.-China trade tensions. They explore the complexities behind escalating tariffs and the reluctance of both nations to negotiate. Smart and Lavorgna share insights on the political maneuvering at play, while Wald highlights the impact on global energy markets. The conversation sheds light on the unpredictable landscape of international trade.

Shawn Donnan, a senior economics writer at Bloomberg, and Terry Haynes, founder of Pangea Policy, dive into the escalating U.S.-China trade tensions shaking Wall Street. They discuss the chaotic market reactions, with stocks and the dollar facing significant drops. The duo analyzes how tariff policies and shifting corporate strategies are impacting investor confidence. They also highlight the complexities of trade negotiations and the potential long-term repercussions on global growth, leaving listeners with much to ponder about the economy's future.