US, China Agree to 90-Day Tariff Reprieve | Balance of Power: Early Edition 05/12/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondent Kailey Leinz and Bloomberg Senior Editor Michael Shepard discuss the agreement between the US and China to temporarily lower tariffs on each other’s products. On today’s show, Bloomberg’s Tyler Kendall and Romaine Bostic, Yale University Professor of China Studies Samm Sacks, Stonecourt Capital Partner Rick Davis, Center for the Study of The Presidency & Congress Senior Democracy Fellow Jeanne Sheehan Zaino and Former House Financial Services Chairman Patrick McHenry.

Chapters:
00:00:00 – BOP Early Edition Begins
00:05:09 – Tyler Kendall, Bloomberg News
00:07:31 – Romaine Bostick, Bloomberg News
00:10:19 – Samm Sacks, Yale University
00:21:31 – Jeanne Sheehan Zaino, Center for the Study of the Presidency & Congress | Rick Davis, Stonecourt Capital
00:32:50 – Patrick McHenry, Former US Rep (R) North Carolina
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