Trump’s New Trade Threats Spur Global Scramble | Balance of Power: Late Edition 7/11/2025

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Peter Navarro, White House Senior Counsel for Trade and Manufacturing, discusses President Donald Trump’s latest Canada tariff threat. George P. Bush, Former Commissioner of the Texas General Land Office, shares his thoughts on Texas needing to pass legislation to create an early warning system for natural disasters. Jane Harman, Former US Representative (D) California & Former Ranking Member of the House Intelligence Committee, discusses what happens next when the US supply of weapons to Ukraine runs out.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:54 – Peter Navarro, White House Snr. Counselor for Trade & Manufacturing on Pres. Trump’s Canada Tariff Threat & Criticizing Fed. Chair Powell
00:17:54 – Julie Fine on What Was Learned From Pres. Trump Touring Flood Wreckage in Central Texas, FEMA & Funding
00:19:37 – George P. Bush, Fmr. Texas General Land Office Commissioner, on How to Prepare Texas for Natural Disasters, Should There Be Changes to FEMA
00:26:50 – Wendy Benjaminson on What Pres. Trump’s Russia Statement on Monday Could Be, Could Additional Russian Sanctions Happen
00:29:12 – Jane Harman, Fmr. US Rep. (D) California, on What Happens Next When US Military Aid to Ukraine Runs Out
00:38:12 – Bloomberg Power Brief: Top Stories Watching Today
00:40:08 – Political Panel Reaction to Rescissions Fight Could Lead to Govt. Shutdown, Looking Ahead to 2026, Russian Sanctions Possibility
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