Trump Wraps Up China Trip | Balance of Power: Early Edition 5/15/2026

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
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