Trump Vows Substantial India Tariff Hike | Balance of Power: Early Edition 8/04/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss President Trump threatening India tariff hike over Russia, as Netherlands begins supplying weapons to Ukraine. On today’s show, Republican Congressman Bryan Steil of Wisconsin, Stonecourt Capital Partner Rick Davis, Center for the Study of the Presidency and Congress Senior Democracy Fellow, and US Ambassador to NATO Matthew Whitaker.

Chapters:
00:00:00 – Balance of Power: Early Edition Starts
00:05:08 – Mike McKee on Trump Naming New Fed Governor, Jobs Data Chief After Casting Doubt on Job Report Legitimacy
00:10:18 – Rep. Bryan Steil (R-WI) Discusses GOP Lawmakers Selling Tax Bill to Constituents, Possibility of Shutdown
00:21:03 – Julie Fine Breaks Down Texas Democrats Fleeing State in Effort to Halt Redistricting Efforts
00:24:08 – Bloomberg Political Panel Talks Gerrymandering, Democratic Governors Responding to TX Redistricting Plans
00:32:23 – US Ambassador to NATO Matthew Whitaker on Netherlands Supplying Weapons to Ukraine as Trump Threatens More Sanctions on Russia, India
00:40:37 – Michelle Jamrisko on Trump’s Sanction Threats to India over Russian ‘War Machine’
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