Trump Backs Off 20% Fee for Strait of Hormuz Shipments | Balance of Power 07/14/2026
Community Score: 50% | 5.5K views | 1d
0 community ratings: null thumbs up, null thumbs down
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Darrell Issa, Republican of California and vice chair of the House Foreign Affairs Committee, says President Trump is taking a two-track approach to Iran: pursuing peace talks while using military force to prevent Tehran from rebuilding its nuclear program or threatening its neighbors. Barbara Leaf, former US Ambassador to the UAE and former Assistant Secretary of State for Near Eastern Affairs under President Biden, says US airpower alone cannot reopen the Strait of Hormuz, adding that the only way to stop the conflict is through a negotiated end. California Attorney General Rob Bonta says the Justice Department "abdicated" its antitrust enforcement role by approving Paramount's proposed $110 billion merger with Warner Bros. Discovery, as California and 11 other states sue to block the deal. Chapters: 00:02:15 Bloomberg’s Kate Sullivan on Trump Backs Off 20% Fee for St
Tags: Airstrikes, Ambassador, Attorney General, Barbara Leaf, Centcom, Congress, DOJ, Darrell Issa, Data centers, Donald Trump, Economy, Gas, Inflation, Iran, Joe Mathieu, Kailey Leinz, Kate Sullivan, Kevin Warsh, Maine, Norah Mulinda
More from Bloomberg Television
- Americans Crave Low-Cost Chinese EVs — Score: 50%
- Bloomberg This Weekend | Shots Fired at WHCD — Score: 50%
- Rep. Beyer: "We Are More Divided Than We've Ever Been" — Score: 50%
- Rep. McCaul on How to Combat Political Violence — Score: 50%
- Sen. Tillis Expected to Clear Way for Kevin Warsh as Fed Chair — Score: 50%
- King Charles' Security Under Review ahead of DC Visit — Score: 50%