EU Agrees to 15% Tariffs in Trade Deal With US | Balance of Power: Late Edition 7/28/2025

“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Greta Peisch, Former General Counsel for the Office of the US Trade Representative and Partner at Wiley Rein, shares her thoughts on the US and EU reaching a trade deal. Wendy Sherman, Senior Fellow at the Harvard Belfer Center and Former Deputy Secretary of State under the Biden Administration, discusses President Trump suggesting he will shorten his deadline with Russian President Putin to end the war with Ukraine. Rep. Marlin Stutzman (R-IN) discusses how constituents are reacting to the tax bill and the latest on the Epstein files.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:25 – Michael Shepard on EU Agrees to 15% Tariffs in Trade Deal with US, US & China Trade Talks Latest
00:05:26 – Greta Peisch, Partner at Wiley Rein, on What is the Framework of US & EU Trade Deal, What to Expect From US, China Talks
00:12:30 – Bloomberg’s Power Moves: Stocks Hold Onto Record Highs As Key Week Opens
00:16:14 – Wendy Sherman, Snr. Fellow at Harvard’s Belfer Center, on Pres. Trump Increases Pressure on Russia to End Ukraine War, Latest on Israel & Gaza
00:25:12 – Alicia Diaz on How Politicians Are Selling Tax Bill, Any Progress to Avoid a Govt. Shutdown
00:26:57 – Rep. Marlin Stutzman (R-IN) on How Constituents Feel About Trump Tax Bill, Epstein Files, Fed. Reserve & Interest Rates
00:37:44 – Bloomberg’s Power Brief: Top Stories Watching Today
00:39:23 – Political Panel Reaction to Pres. Trump & Epstein Files, Trump & EU Reach Trade Deal, US & China Trade Talks
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