Trump: US ‘Locked & Loaded’ for ‘Massive Attack’ | Balance of Power 07/24/2026
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Raja Krishnamoorthi (D-IL) says there is "no way at all" to resolve the conflict with Iran militarily and calls for a return to negotiations. Jen Gavito, former Acting Principal Deputy Assistant Secretary of State for Near Eastern Affairs, says there is "no end" to the conflict with Iran without a negotiated settlement. White House senior advisor Peter Navarro discusses the administration's effort to reconstruct its tariff program using several trade laws after the Supreme Court struck down its previous approach. Chapters: 00:01:48 Bloomberg’s Jeff Mason on Trump Threatens ‘Massive Attack’ on Iran 00:04:46 Representative Raja Krishnamoorthi (D-IL) on Trump: US ‘Locked & Loaded’ for ‘Massive Attack’ 00:07:10 Rep. Raja Krishnamoorthi (D-IL) on Trump: I Trust XI, Putin on Their Word on Iran 00:10:19 Rep. Raja Krishnamoorthi (D-IL) on AI Race With China 00:14:44 Rep. Raja Krishnamoorthi (D-IL) on Democrats Announce SC as 1st 2028 Primary 00:16:14 Power Moves: Top Financial Moves 00:19:16 Jen Gavito, former Acting Principal Deputy Assistant Secretary of State for Near Eastern Affairs, on Trump: Iran ‘Hasn’t Received Enough Pain Yet’ 00:23:05 Jen Gavito on Iran Missile Capability 00:25:00 Peter Navarro, White House Senior Advisor on Trade & Manufacturing, on Trump Tariffs 00:27:27 Peter Navarro on Tariff Rulings: ‘Not a Big Fan of Courts’ 00:34:15 Peter Navarro on Whether Warsh Will Raise Interest Rates 00:38:36 Political Panel Reacts: Trump: US Launching 301 Probe of EU After Google Fine, Global Inflation Angst Is Back With Oil, and US Fired on Merchant Vessel Trying To Breach Iran Blockade: AP -------- 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: / bloombergtv Facebook: / bloombergtelevision Instagram: / bloombergtv Connect with Bloomberg Business on: X: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness TikTok: https://www.tiktok.com/@bloombergbusi... Reddit: / bloomberg LinkedIn: / bloomberg-news More from Bloomberg: Bloomberg Radio: / bloombergradio Bloomberg Surveillance: / bsurveillance Bloomberg Politics: / bpolitics Bloomberg Originals: / bbgoriginals Watch more on YouTube: Bloomberg Technology: / @bloombergtechnology Bloomberg Originals: / @business Bloomberg Quicktake: / @bloombergquicktake Bloomberg Espanol: / @bloomberg_espanol Bloomberg Podcasts: / @bloombergpodcasts