"Balance of Power" focuses on the intersection of politics and global business. On today’s show, Mary Lovely, Senior Fellow at the Peterson Institute for International Economics, shares her thoughts on what to expect from President Trump as he is set to announce new auto tariffs. President Donald Trump announces 25% auto tariffs on all cars not made in the US. Stephanie Murphy, Former Representative (D) Florida & Former National Security Specialist at the Department of Defense discusses "The Atlantic" releasing texts showing US Secretary of Defense, Pete Hegseth, detailing attack plans and shares whether or not the texts revealed classified information.
Chapters:
00:00:00 – Balance of Power Begins
00:02:07 – Bloomberg’s Joe Deaux on What to Expect to Hear From President Trump on New Auto Tariffs, How All The Tariffs Layer On Top of Each Other
00:04:23 – Mary Lovely, Senior Fellow at the Peterson Institute of Intl. Economics, on Will New Auto Tariffs & Already Announced Tariffs Impact the Economy
00:12:37 – Bloomberg’s Kate Sullivan on Hegseth Denies Texting War Plans, Can Mike Waltz & Hegseth Weather This, Admin. Denying Any Wrongdoing
00:14:09 – President Donald Trump Announces New 25% Auto Tariffs on All Cars Not Made in The United States
00:41:10 – Reaction Out of Pres. Trump Tariff Announcement
00:42:51 – Stephanie Murphy, Fmr. Rep (D) Florida & Fmr. National Security Specialist at the Defense Department, on Hegseth, Signal, Classified Information
00:47:32 – Political Panel on Whether or Not Signal Texts Revealed Classified Information, Mike Waltz Owning Mistake, Text Show Hegseth Detailing Attack Plan
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
