China Has Sensitive F-35 Parts Diverted to Hong Kong

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Senator Tina Smith (D-MN) says she's "very open" to the idea of a diesel export ban gaining traction in Washington, while cautioning it would be a short-term fix to a longer-term problem as the war with Iran keeps energy costs elevated. American Petroleum Institute President and CEO Mike Sommers warns that restricting US diesel exports could force refiners to cut production, potentially lowering diesel prices temporarily while driving up the cost of gasoline and jet fuel. Senator Elissa Slotkin (D-MI), who has introduced bipartisan legislation aimed at keeping Chinese connected vehicles out of the US market, warns President Trump against reaching an agreement with Chinese President Xi Jinping that would give Chinese automakers greater access to the country. Chapters: 00:01:37 Bloomberg's Stephen Engle on Xi Jinping Arrives for Washington Summit 00:05:02 Bloomberg's Tony Capaccio on China Holds Sensitive F-35 Fighter Jet Parts 00:07:19 Sen. Tina Smith (D-MN) on China, Diesel Prices and Farmers 00:13:24 Sen. Tina Smith (D-MN) on Concerns Over Nvidia, AI and China 00:15:00 Sen. Tina Smith (D-MN) on Treasury Yields Surge to Multi-Decade Highs 00:16:33 Power Moves: Top Financial Moves 00:19:58 Bloomberg's Nia-Malika Henderson on Midterm Battle for Control of the Senate 00:24:43 American Petroleum Institute CEO Mike Sommers on Diesel Prices and Export Ban 00:29:23 Mike Sommers on Infrastructure Constraints and Energy Prices 00:32:27 Mike Sommers on Prospects for Permitting Reform 00:35:08 Bloomberg's Nick Wadhams on US-Iran Talks Show Little Sign of Breakthrough 00:38:40 Sen. Elissa Slotkin (D-MI) on China and F-35 Security Concerns 00:41:03 Sen. Elissa Slotkin (D-MI) Warns About Chinese Cars and Surveillance 00:44:13 Sen. Elissa Slotkin (D-MI) on Nvidia Chips and US-China AI Competition 00:46:08 Sen. Elissa Slotkin (D-MI) on AI Risks and Regulation -------- 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