Balance of Power

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . US President Donald Trump said he’ll attend a meeting Wednesday with Japan to negotiate tariffs, American military support and “trade fairness.” “Hopefully something can be worked out which is good (GREAT!) for Japan and the USA!” Trump wrote in a post on Truth Social. The Treasury and Commerce de...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . The European Union and US made scant progress bridging trade differences this week as officials from President Donald Trump’s administration indicated that the bulk of the US tariffs imposed on the bloc will not be removed. The EU’s trade chief, Maros Sefcovic, left the meeting with little clarity on the US stance,...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump said he is exploring possible temporary exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up US manufacturing. “I’m looking at something to help car companies with it,” Trump told reporters Monday in the Oval Office. “They&r...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump has floated talks with his Chinese counterpart more than half a dozen times since the trade war started. But prospects look remote, even as their tariff fight appears to have peaked. Inflicting trade pain is unlikely to bring President Xi Jinping to the negotiating table. Instead, Chinese authorities see...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Economic angst enveloped every corner of Wall Street as US-China trade tensions escalate, sparking a plunge in stocks, the dollar and oil, with liquidations in US assets pointing to disorder in the financial system. A day after the biggest stock-buying wave in years, assets tied to the economic cycle are sinking again, with Pr...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump announced a 90-day pause on higher reciprocal tariffs that hit dozens of trade partners after midnight, while raising duties on China to 125%.  The president’s about-face comes roughly 13 hours after higher reciprocal duties on 56 nations and the European Union took effect, fueling market turm...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . US President Donald Trump spent the final hours before his tariffs were set for full implementation lining up negotiations with key US allies, but his insistence on pushing forward with sweeping 104% tariffs on many Chinese goods dimmed optimism that a brutal trade war would be avoided. Trump and top administration officials o...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump said he wasn’t considering a pause on his plan to implement sweeping additional tariffs on dozens of countries despite outreach from trading partners to eager to avoid the levies, while still signaling he could be open to some negotiations. “We’re not looking at that,” Trump said...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Chief White House economist Stephen Miran dismissed the deepening fears of a recession on Wall Street, saying that President Donald Trump’s plans for deregulation and tax cuts will more than offset any hit from tariff hikes. “The president acted with historic scope and speed to address what was a decades-long feste...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy, sparking threats of retaliation and a selloff in markets around the world. Trump announced Wednesday he will apply at least a 10% tariff on all exporters to the US, with even higher duties on som...

This is a special edition of the Bloomberg Daybreak: US Edition podcast.      Subscribe to the show:      on Apple: http://bit.ly/3DWYoAN       on Spotify: http://bit.ly/3jGRYiB       Anywhere: http://bit.ly/3J1bct9 On today's episode:      President Donald Trump imposed the steepest American tariffs in a century as he step...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Elon Musk’s candidate faced a resounding loss in a Wisconsin judicial race despite the world’s richest man pouring millions into the campaign, while Republicans avoided upsets in two critical US House seats in Donald Trump’s home state of Florida. The votes were the first major elections since Trump took offi...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump’s sweeping tariffs will take immediate effect after they are announced Wednesday, his top spokeswoman said.  “My understanding is that the tariff announcement will come tomorrow. They will be effective immediately, and the president has been teasing this for quite some time,” White...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump will announce his reciprocal tariff push on Wednesday during an event in the White House Rose Garden, his top spokeswoman said.  White House Press Secretary Karoline Leavitt said Monday the announcement would feature “country-based” tariffs. She said the president is also “committe...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the economy before the brunt of tariffs. Inflation-adjusted consumer spending edged up 0.1%, on the low end of economists’ estimates, after a slump January that analysts mostly blamed on bad weather...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump signed an order to slap a 25% tariff on auto imports, expanding his trade war designed to bring more manufacturing jobs to the US. Trump said the tariffs would go into effect on April 2. The administration projects that the tariffs would result in $100 billion of new annual revenue to the US. Wednesday&r...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump and top allies struggled to fend off criticism over the inadvertent inclusion of a journalist in a Signal chat discussing military attacks in Yemen, after newly disclosed texts showed how Defense Secretary Pete Hegseth revealed specific operational details. Trump and senior administration officials on We...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Bridgewater Associates founder Ray Dalio warned House Republicans of the dangers of rising US deficits and urged them to cut the budget deficit to just 3% of gross domestic product or risk debt service costs squeezing government spending.   Dalio’s message of austerity comes as House and Senate Republicans battle ov...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Congressional Republicans returning to Washington on Monday will tackle their toughest test yet, negotiating a massive tax bill package to deliver President Donald Trump a signature legislative victory. Efforts to renew Trump’s landmark 2017 tax cuts and secure additional reductions he’s promised were temporarily s...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Boeing Co. won a contract to design and build the US’s next-generation stealth fighter jet, beating out rival Lockheed Martin Corp. for the multibillion dollar program aimed at preparing the military for possible conflict with China. The new sixth-generation fighter jet, whose overall cost is expected to run in the hundr...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump is expected to sign an executive action formally asking officials to take steps to largely dismantle the Department of Education, his latest effort to reduce the size of the federal government and its workforce. Trump is slated to sign the order on Thursday, according to people familiar with the plans wh...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Ukrainian President Volodymyr Zelenskiy agreed to a proposal to halt strikes on energy assets as an initial step in President Donald Trump’s effort to end the war that began with Russia’s full-scale invasion three years ago.  “One of the first steps toward fully ending the war could be ending strikes on...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Vladimir Putin committed in a phone call with Donald Trump to limit Russian attacks on Ukrainian energy infrastructure for 30 days but declined to accept the broader ceasefire that the US sought. The Russian and US presidents agreed that the two sides would begin negotiations on a maritime ceasefire in the Black Sea as well as...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump’s administration is being accused of defying the judiciary after swiftly deporting hundreds of alleged Venezuelan gang members in an assertion of sweeping power to pursue hard-line immigration policies. Two groups suing the administration alleged in a court filing Monday that the government may hav...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Senate Democratic leader Chuck Schumer had two choices as the clock ticked down to the government funding deadline: drop his threat to block the Republican bill or force a disruptive March 15 shutdown.  The New York lawmaker ultimately opted for the path of least resistance Thursday after a day of contentious meetings amo...