On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss President Donald Trump's trip to China. On today's show, former State Department Chief Economist Chad Bown, Maywood Strategies Principal Douglas Farrar, Stonecourt Capital Partner Rick Davis, Democratic Congresswoman Suzan DelBene and American Action Forum President Douglas Holtz-Eakin. Chapters: 00:00:00 - Balance of Power: Early Edition 00:04:18 - Trump Arrives in China for High Stakes Summit 00:05:14 - AI Focus as Nvidia's Huang Joins China Trip 00:05:34 - Trump, Xi to Meet as Iran, Trade Looms 00:07:50 - Trump Looks for Deals to 'Open Up' China 00:15:43 - Trump Arrives in China for High-Stakes Summit 00:21:19 - Update on the Midterm Campaign Trail 00:23:10 - Redistricting in Focus Ahead of Midterms 00:27:55 - Affordability in Focus Ahead of Midterms 00:29:03 - Trump Floats Temporary Gas Tax Halt 00:30:10 - Redistricting in Focus Ahead of Midterms 00:34:42 - Kevin Warsh Awaits Final Vote for Fed Chair 00:38:45 - Fed's Warsh Will Face Highest Inflation in 3 Years 00:41:49 - US Producer Price Rise Most Since 2022 -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake