Trump Tariffs Shake Up Global Trade | Balance of Power: Early Edition 7/07/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss President Trump’s plan to send more tariff letters to foreign leaders in addition to those sent to Japan and South Korea this afternoon. On today’s show Evercore ISI Head of US Public Policy & Political Strategy Research Sarah Bianchi, Stonecourt Capital Partner Rick Davis, Center for the Study of the Presidency and Congress Senior Democracy Fellow Jeanne Sheehan Zaino, and Center for Strategic & International Studies Senior Associate Natasha Hall.

Chapters:
00:00:00 – Balance of Power: Early Edition Starts
00:05:00 – Tyler Kendall Provides Updates on Trump’s Tariffs on Japan and South Korea, Netanyahu’s Arrival to the White House
00:10:21 – Fmr. Deputy US Trade Rep. Sarah Bianchi on Global Trade Uncertainty Ahead of President Trump’s Deal Deadlines
00:20:40 – Julie Fine on the Devastation in Texas as Death Toll Continues to Rise Following Massive Flooding
00:24:18 – Jeanne Sheehan Zaino and Rick Davis Touch on the Politicization of the Tragedy in Texas, Trump-Musk Feud
00:32:14 – Jennifer Welch on Trump’s Trade Letters, Complexities of Upcoming Deals
00:36:10 – Center for Strategic & Intl. Studies Natasha Hall Previews Trump-Netanyahu Meeting as President Stresses Need for Gaza Deal
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