On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the conclusion of President Trump's trip to China. On today's show, Republican Congressman Vince Fong, Stonecourt Capital Partner Rick Davis, Third Way Executive Vice President Jim Kessler and former Fed Vice Chair Lael Brainard. Chapters: 00:00:00 - Balance of Power: Early Edition 00:05:57 - Trump to Decide Soon on Taiwan Weapons Sale 00:09:12 - Rep. Vince Fong on Trump-Xi Meeting and Ca Governor's Race 00:15:02 - Trump Didn't Ask Xi to Pressure Iran on Hormuz 00:16:24 - Xi Hails Trump Summit, No Deal Details Yet 00:17:44 - Dems Propose Federal Gas Tax Holiday as Prices Soar 00:20:26 - Xi Hails Trump Summit, No Deal Details Yet 00:23:17 - Ray Dalio: Perception of America Power is Shifting 00:26:23 - Rep. Jake Auchincloss on Trump, Xi Meeting 00:27:10 - Winners and Losers From Trump, Xi Summit 00:34:48 - Bonds Hit Pain Point for Stocks as Powell Exits 00:35:57 - Fed Faces Regime Changes as Powell's Chairmanship Ends 00:38:29 - Fed's Warsh Will Face Highest Inflation in 3 Years 00:40:19 - US Producers Prices Rise More Since 2022 -------- Get more on the Bloomberg Businessweek Podcast On Apple: http://bit.ly/3IPl60i On Spotify: http://bit.ly/3WGFd6B Anywhere: http://bit.ly/42xo9kZ Follow us on X: https://twitter.com/BloombergRadio Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake