President Trump Pivots on Some Key Tariffs | Balance of Power: Late Edition

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Carol Schleif, BMO Private Wealth Chief Market Strategist, discusses US stocks rallying the most since 2008 after President Trump implemented a 90-day pause on reciprocal tariffs for countries who haven’t retaliated. Senator Todd Young (R) Indiana weighs in on whether or not there will be more tariff uncertainty over the next 90 days & the Trump Administration raising tariffs on Chinese imports to 125%. Ben Harris, Vice President & Director of Economic Studies at the Brookings Institution, discusses the economic impact of President Trump’s 90-day pause.

Chapters:
00:00:00 – Balance of Power Begins
00:01:22 – Bloomberg’s Jordan Fabian on President Trump Pivots on Some Key Tariffs, Was 90-Day Tariff Pause Part of Plan
00:03:07 – Bloomberg’s Romaine Bostick on US Stock Market Rallied The Most Since 2008 After Trump’s 90-Day Pause Announcement
00:04:38 – Carol Schleif, BMO Private Wealth Chief Market Strategist, on US Markets Rallying After Tariffs Pause, How Will Pause Effect Companies, Bond Market
00:10:48 – Senator Todd Young (R) Indiana on President Trump’s 90-Day Pause and If He’s Confident On Trade Policy
00:21:24 – Bloomberg’s Megan Scully Talks the Latest on Expected House Vote on the Senate Cleared Budget Blueprint
00:24:24 – Bloomberg’s Jennifer Welch Talks About President Xi Jinping Not Willing to Speak to President Trump Yet, Is There A Trade War Between US & China
00:26:30 – Ben Harris, Vice President & Director of Economic Studies at the Brookings Institution, on the Economic Impact of Trump’s 90-Day Tariff Pause
00:34:38 – Political Panel React to If There Was Market Manipulation By President Trump & Trump Administration
00:43:44 – Washington Lookahead: March CPI Data Due Thursday
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