Bloomberg's Nick Wadhams breaks down President Biden signing a bill to raise tariffs on Chinese chips, electronic vehicles, among other things. He states the Biden Administration is sending a signal showing where they are headed and what they don't want to see coming from China. Bloomberg's Wendy Benjaminson discusses Speaker Johnson along with other high profile Republicans showing their support for Donald Trump outside the New York courthouse, and Michael Cohen's second day of testimony. Both Nick and Wendy speak with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."

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