Trump to Levy More Chip Tariffs | Radio Balance of Power: Early Edition 9/2/2026

0 September 2, 2026 17:15

On the early edition of Balance of Power, Bloomberg Washington Correspondent Kailey Leinz discusses the latest from DC. On today’s show, Republican Congressman Jodey Arrington of Texas, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and US Commerce Secretary Howard Lutnick.

Chapters
00:00:00 Radio Balance of Power: Early Edition
00:01:02 Market Update: Oil Climbs, Stocks Turn Higher
00:03:18 U.S.-Iran Fighting Escalates in Strait of Hormuz
00:05:39 Trump’s Iran Strategy & Economic Warfare
00:06:38 Venezuela Oil & the Push to Lower Gas Prices
00:08:23 Congress Avoids a Government Shutdown
00:10:56 Defense Spending & the Iran Conflict
00:12:23 America’s Debt, Deficits & Rising Bond Yields
00:15:01 Bessent’s Fiscal Plan & Social Security
00:17:29 AI Data Centers & the U.S. Economy
00:20:47 Massachusetts Primary: Ed Markey Wins Again
00:22:31 Political Panel on Age & Democratic Leadership
00:27:29 Democratic Divisions on Capitol Hill
00:30:15 G20, AI & the Data Center Backlash
00:32:12 Howard Lutnick on Selling America on AI
00:34:08 Data Centers, Power & China’s AI Challenge
00:36:26 U.S. vs. China in the Global AI Race
00:38:38 Lutnick on Semiconductor Tariffs & U.S. Manufacturing
00:41:09 Why the U.S.-Canada Trade Deal Fell Apart
00:43:13 Lutnick Reflects on 25 Years Since 9/11
00:47:38 Data Centers Become a Midterm Political Issue
00:49:37 U.S.-China AI Tensions & Anthropic
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