On the early edition of Balance of Power, Bloomberg’s Kailey Leinz and David Gura discuss the latest retaliatory measures in the escalating trade war between the US and China. On today’s show, SMBC Nikko Securities America Chief Economist Joe Lavorgna and Nonresident Senior Fellow with the Atlantic Council Global Energy Center Ellen Wald.
Chapters:
00:00:00 – Balance of Power: Early Edition Begins
00:00:39 – Latest Tariff Escalation on US-China Trade War, China Caps Tariffs on US at 125%
00:04:48 – Bloomberg’s Mike McKee on University of Michigan’s Data, Expectation Index Falling, Consumer Sentiment Down
00:14:13 – Joseph Lavorgna, Managing Director & Chief Economist at SMBC Nikko Securities, on Market Turmoil Over Tariff Uncertainty
00:27:39 – Political Panel on Reaction to US Consumer Sentiment Data, Are the American Electorate Still Aligned With The President’s Policy Priorities
00:36:53 – Chris Wright, US Energy Secretary, on US & Iranian Negotiators Prepare for First Nuclear Talks in Years
00:39:42 – Ellen Wald, Sr. Fellow at the Atlantic Council Global Energy Center, on US & Iran Oil Relationship
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