Trump Reveals New Batch of Tariffs, Vows No Extension | Balance of Power: Early Edition 7/09/2025

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On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss President Trump announcing a new batch of tariffs targeting countries such as Iraq, Libya, and Philippines . On today's show Hoover Institution American Public Policy Studies Fellow Lanhee Chen, Center for the Study of the Presidency and Congress Senior Democracy Fellow Jeanne Sheehan Zaino, former White House Council of Economic Advisers Deputy Director Heather Boushey, and Greenwich Media Strategies Founder Hagar Chemali.

Chapters:
00:00:00 - Balance of Power: Early Edition Starts
00:04:58 - Josh Wingrove Diagnoses the Impacts of Trump’s Newest Batch of Tariffs, Targeting Countries From Iraq to Philippines
00:11:52 - Lanhee Chen and Jeanne Sheehan Zaino Discuss Fallout from President’s Freshest Round of Tariffs, Market Reactions
00:19:46 - White House Council of Economic Advisers Chair Stephen Miran Tells Bloomberg TV Tariffs Not Inflationary
00:23:09 - Fmr. White House Council of Economic Advisers Deputy Dir. Heather Boushey Breaks Down Trump’s ‘Chaotic’ Policy Agenda
00:27:04 - Heather Boushey Continues to Zero In on Trump’s ‘Mismanagement of Economy’
00:31:50 - Greenwich Media Strategies Founder Hagar Chemali Breaks Down Chances of Gaza Agreement This Week
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