Global Stocks Dive On Tariff Shock | Balance of Power: Late Edition

» Global Stocks Dive On Tariff Shock | Balance of Power: Late Edition




“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, New York Governor Kathy Hochul discusses the economic impact of the Trump administration’s tariffs. Andrew Hale, Senior Policy Analyst for Trade Policy at the Heritage Foundation, shares his thoughts on President Trump’s reciprocal tariffs announcement and states that if these tariffs are maintained the United States may get a recession and high inflation. Rep. Tim Burchett (R) Tennessee discusses the market & economic reaction following President Trump’s reciprocal tariffs unveiling, and says there will be some short time pain, but in the long term it will be positive. (Source: Bloomberg)



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