Canada Matches Trump Tariffs | Radio Balance of Power: Early Edition 8/25/2026
On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses the latest from the Trump Administration. On today’s show, Democratic Congressman Gabe Amo of Rhode Island, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and former Republican Congressman Kevin Brady.
Chapters
00:00:00 Radio Balance of Power: Early Edition
00:00:55 Market Update: Canada Tariffs & Nvidia
00:02:43 China Pushes Back on Iran Sanctions
00:03:53 Canada Matches U.S. Tariffs Dollar for Dollar
00:04:56 White House on the Escalating Canada Trade War
00:07:32 China Threatens Retaliation Over Iran Sanctions
00:09:19 Rep. Gabe Amo on Iran, Canada & Congress
00:12:13 Strait of Hormuz, Gas Prices & Affordability
00:13:19 Canada Tariffs Hit Rhode Island Businesses
00:16:16 Congress Returns With Shutdown & Pentagon Fights
00:19:02 Market Update: Oil Falls, Stocks Rise
00:21:29 Supreme Court Allows Mail-In Voting Restrictions for Now
00:23:45 Political Panel on Trump, USPS & Elections
00:26:11 Could Mail-In Voting Restrictions Affect 2028?
00:28:33 Why Republicans Rely on Mail-In Ballots
00:32:35 Market Update: Oil Slides Ahead of Nvidia Earnings
00:34:39 Kevin Brady on the U.S.-Canada Trade Standoff
00:37:29 Can the U.S. and Canada Still Reach a Deal?
00:39:16 The Future of the USMCA
00:41:06 Capital Gains Taxes & the $40 Trillion Debt
00:44:24 Treasury Buybacks, Spending & the Bond Market
00:47:03 Affordability & the Midterm Elections
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