Trump Lands in China for Xi Summit | Balance of Power: Early Edition 5/13/2026

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss President Donald Trump’s trip to China. On today’s show, former State Department Chief Economist Chad Bown, Maywood Strategies Principal Douglas Farrar, Stonecourt Capital Partner Rick Davis, Democratic Congresswoman Suzan DelBene and American Action Forum President Douglas Holtz-Eakin.

Chapters:
00:00:00 – Balance of Power: Early Edition
00:04:18 – Trump Arrives in China for High Stakes Summit
00:05:14 – AI Focus as Nvidia’s Huang Joins China Trip
00:05:34 – Trump, Xi to Meet as Iran, Trade Looms
00:07:50 – Trump Looks for Deals to ‘Open Up’ China
00:15:43 – Trump Arrives in China for High-Stakes Summit
00:21:19 – Update on the Midterm Campaign Trail
00:23:10 – Redistricting in Focus Ahead of Midterms
00:27:55 – Affordability in Focus Ahead of Midterms
00:29:03 – Trump Floats Temporary Gas Tax Halt
00:30:10 – Redistricting in Focus Ahead of Midterms
00:34:42 – Kevin Warsh Awaits Final Vote for Fed Chair
00:38:45 – Fed’s Warsh Will Face Highest Inflation in 3 Years
00:41:49 – US Producer Price Rise Most Since 2022
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