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

Bloomberg Television
Trump Leaves China With No Resolution | Balance of Power 05/15/2026
In Clue öffnen

About this video

"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

Transcript preview

First 80 sentences of ~7100+ word transcript. Read the rest with tap-to-translate in the Clue app.

>> THIS IS "BALANCE OF POWER," LIVE FROM WASHINGTON, D.C. KAILEY: TONIGHT, NONCOMMITTAL. THE TRUMP-XI SUMMIT ENDS WITH A WARNING FROM BEIJING ON TAIWAN. PRESIDENT TRUMP SAID HE MADE NO COMMITMENT ON THE ISLAND'S

FUTURE. QUESTIONS REMAIN ON WHAT COMES NEXT FOR U.S.-CHINA RELATIONS. WE WILL DISCUSS WITH CHRIS COONS LATER THIS HOUR. JOE:JOE: GLOBAL BONDS SELLOFF IN THE S&P 500 TUMBLES THE MOST SINCE MARCH AS FEARS GROW THE WAR WITH IRAN

COULD DRAG ON. PRESIDENT TRUMP FACING FRESH SCRUTINY OVER MORE THAN 3000 SEVEN HUNDRED FIRST QUARTER STOCK TRADES INVOLVING BIG COMPANIES WITH BUSINESS BEFORE HIS ADMINISTRATION. KAILEY: PLUS, WASHINGTON INSTITUTION, MARGETTS TAVERN, HAS LONG BEEN A

BACKDROP FOR POWER PLAYERS BUT AFTER A NOD FROM "SATURDAY NIGHT LIVE," THEY ARE GETTING A FRESH SPOTLIGHT. JOE MATHIEU TAKES YOU INSIDE. JOE: TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO "BALANCE OF POWER." ALONGSIDE KAILEY LEINZ, I'M JOE MATHIEU.

PRESIDENT TRUMP IS SET TO ARRIVE IN WASHINGTON FOLLOWING A DAYS LONG SUMMIT IN BEIJING, MEETING WITH CHINESE PRESIDENT XI JINPING, BRINGING WITH HIM SOME OF THE TOP TECH AND BUSINESS CEOS. LISTEN.

>> HE HAS NOT GONE TO SEE -- [INDISCERNIBLE] LOOK, WE'VE HAD IT FOR THOUSANDS OF YEARS AT A CERTAIN TIME, IT LEFT, AND WE ARE GOING TO GET IT BACK. THE KOREAN WAR, A LOT OF THIS HAPPENED.

WITH TAIWAN, HE FEELS VERY STRONGLY. I MADE NO COMMITMENT. JOE: MADE NO COMMITMENTS I TAIWAN, THE PRESIDENT ADDING HE WILL -- I ME KNOW COMMITMENT ON TAIWAN. TYLER KENDALL JOINS US WITH MUCH MORE.

GREAT TO SEE YOU AS THE PRESIDENT MAKES HIS WAY HOME. IT SEEMS THAT TAIWAN RISES TO THE TOP OF THE AGENDA AS OPPOSED TO THE TRADE DEALS THAT MANY EXPECTED. TYLER: IT DEFINITELY DID.

IN FACT, CHINESE STATE MEDIA, AFTER PRESIDENT TRUMP HAD LEFT HERE IN BEIJING, CAME OUT AND SAID TAIWAN IS THE NUMBER ONE ISSUE FOR U.S.-CHINA RELATIONS. DURING THIS VISIT, U.S. OFFICIALS MADE CLEAR THAT THEIR POLICY REGARDING TAIWAN, INCLUDING THAT

DELIBERATE AMBIGUITY ABOUT TAIWAN INDEPENDENCE, HASN'T CHANGED. AS HE MENTIONS, PRESIDENT TRUMP REMAINS NONCOMMITTAL ABOUT THE FUTURE OF A $14 BILLION WEAPON SALES PACKAGE THAT HAS BEEN QUEUED UP FOR HIS APPROVAL. IN FACT, PRESIDENT TRUMP SAID HE DISCUSSED "IN GREAT DETAIL"

WITH PRESIDENT XI JINPING ABOUT ARM TRANSFERS TO TAIWAN, BREAKING WHAT HAS BEEN DECADES LONG OF DIPLOMATIC PRESIDENT AND NOT CONSULT WITH BEIJING ON SUCH ISSUES. FOR CONTEXT, THE U.S. APPROVED THE SINGLE LARGEST WEAPONS DEAL TO TAIWAN BACK IN

DECEMBER AMID NEW QUESTIONS ABOUT WHEN THE LATEST ROUND OF SALES WILL BE RELEASED. WE DID GET SOME RESPONSE FROM TAIWAN EARLIER TODAY, REPORT FROM THE FOREIGN AFFAIRS MINISTRY, URGING PRESIDENT TRUMP TO MOVE AHEAD WITH WHAT HAS BEEN PRESIDENT AND TO GRANT THIS

MANDATORY APPROVAL FOR THESE ADDITIONAL SALES. REALLY, TAIWAN FELT THAT ONE BIG POINT OF CONTENTION AMID A SUMMIT THAT WAS RELATIVELY CORDIAL. THE BIG WORD WE KEPT HEARING AROUND HERE ON THE GROUND IN BEIJING WAS THIS IDEA OF STRATEGIC STABILITY FROM

BOTH SIDES. IT WAS THAT STABILITY, THOUGH, THAT WE SAW, BUT WE REALLY DID NOT GET THAT MUCH PROGRESS IN TERMS OF TANGIBLE DELIVERABLES. YES, WE GOT THAT BOOMING DEAL, BUT IT FELL SHORT

OF MARKET EXPECTATIONS. WE ARE WAITING ON FURTHER DETAILS ON WHAT THAT WILL LOOK LIKE. WE DID NOT GET FIRMER DETAILS AROUND OTHER ITEMS WE EXPECTED, SUCH AS AGRICULTURAL PURCHASE COMMITMENTS, WHETHER OR NOT BEIJING

IS GOING TO PURCHASE MORE U.S. ENERGY PRODUCTS. BOTH SIDES DID SAY THOSE ISSUES WERE DISCUSSED. WHAT ABOUT NVIDIA IS H 200 CHIPS. THERE WAS AN EXPECTATION THERE COULD BE A BREAKTHROUGH FOR

Transcript continues in the Clue app — tap any word to translate while watching.

Watch this video in English to learn English

Watching real YouTube videos in English with subtitles is one of the highest-density ways to absorb the language. Trump Leaves China With No Resolution | Balance of Power 05/15/2026 from Bloomberg Television gives you native pace, natural intonation, and vocabulary you'll actually meet in real conversations.

In the Clue app, every subtitle is tap-to-translate. No app-switching, no pausing the video, no dictionary. Just watch.