Trump Lands in China for Xi Summit | Balance of Power: Early Edition 5/13/2026

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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 -------- 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: Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: Facebook: Insta