Trump Leaves China With No Resolution | Balance of Power 05/15/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Senator Chris Coons (D-DE), says President Trump went to China on "a weaker footing" and warns his silence on Taiwan arms sales was "a critical step backwards" for US interests. Christopher Smart, Managing Partner and Founder of the Arbroath Group, says incoming Fed Chair Kevin Warsh cannot "credibly" argue for rate cuts "at this stage," as energy prices surge and inflation pressures build. Martin’s Tavern Owner, Bill Martin, on reaction to Saturday Night Live opening its show last weekend with a shot of the DC institution and the history and staying power of the restaurant. Chapters: 00:00:00 - Balance of Power: Late Edition Begins 00:01:59 - Tyler Kendall on Pres. Trump & Taiwan, Trump Leaves China With No Resolution 00:06:17 - Becca Wasser on Pres. Xi Jinping’s Threat Cements Taiwan As Top US-China Risk, Trump to Decide Soon on Taiwan Arms Sale 00:09:46 - Breaking News: Fed Jerome Powell Will Be Chair Pro Tempore Until Warsh Sworn In 00:10:18 - Power Moves: Top Financial Stories Of The Day 00:13:53 - Sen. Chris Coons (D-DE) Says Trump Went to China on “Weaker Footing,” Reaction to Trump on Taiwan, China & Strait of Hormuz 00:25:04 - Christopher Smart, Managing Partner & Founder of the Arbroath Group, on Kevin Warsh Rate Cuts & Inflation Pressures, Reaction to Trump-Xi Summit 00:33:37 - Political Panel React to Pres. Trump’s 3,700+ Trades Astonish Wall Street Insiders, Redistricting Battle Heads to South Carolina 00:41:17 - Historic DC Institution Gets the ‘SNL’ Treatment -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts