On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses the latest from the Trump Administration. On today's show, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, American Principles Project Political Director Katie Frost, Center for Strategic and International Studies Senior Fellow Tom Karako and Ambassador of Ireland to the United States Geraldine Byrne Nason. Chapters 00:00 Balance of Power: Early Edition  00:01 Markets Open: Stocks Mixed, Oil Drops, Chip Stocks Slide 00:03 White House Update: Iran Conflict Enters 13th Night 00:07 New Section 301 Tariffs Explained 00:09 Trump Announces EU Trade Investigation 00:11 Political Panel: Tariffs, Inflation & Legal Challenges 00:16 Iran Strategy Debate & U.S. Credibility Questions 00:19 Qualcomm Plans Double-Digit Price Increases 00:21 Democrats Pick South Carolina for 2028 Primary Calendar 00:23 CSIS: Iran's Remaining Missile Capabilities 00:29 Pentagon Munitions Shortage & Defense Spending 00:34 Canada Tariffs & USMCA Trade Tensions 00:39 Ireland's Ambassador on U.S.-EU Trade Relations 00:44 EU Defends Digital Market Fines on U.S. Tech Companies -------- 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