New Tariff Rates Announced as Talk Deadline Slides | Balance of Power Late Edition 7/09/2025

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"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, US Deputy Treasury Secretary Michael Faulkender discusses the Trump Administration announcing tariff rates on various countries including Brazil and the Philippines. Retired Lieutenant Colonel Alexander Vindman, Former Director of European Affairs on the National Security Council, shares his thoughts on Russia's latest and largest attack on Ukraine and talks about the need for the United States to send defensive weapons to Ukraine. Senator Bill Cassidy (R) Louisiana shares his thoughts on FEMA and what should or should not be changed about the agency in the wake of the ongoing response to the Texas flash flood this past weekend.

Chapters:
00:00:00 - Balance of Power: Late Edition Begins
00:03:07 - Laura Davison on Trump Announces Tariff Rates, Hikes Brazil Tariff to 50%
00:05:00 - Michael Faulkender, US Deputy Treasury Secretary, on Tariff Trade Talks, August 1 Deadline, Impact of Tax Bill on Treasury
00:13:35 - Romaine Bostick on Big Tech Rally Spurs Rebound in Stocks
00:17:38 - Ret. Lt. Colonel Alexander Vindman, on The Need to Get US Weapons to Ukraine, Pres. Trump’s Relationship With Russia
00:24:13 - Bloomberg Power Brief: Top Stories Following Today
00:26:06 - Political Panel Reaction to Harvard Threatened By US Over Accreditation, 50% Tariff on Brazil
00:39:08 - Myles Miller on Kristi Noem Renews Calls to Eliminate FEMA Even Amid Texas Flood
00:41:02 - Sen. Bill Cassidy (R) Louisiana on FEMA Downsizing Scrutiny, Introducing Bill Helping Gig Workers Gain Access to Healthcare
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