El-Sayed Fights Trump Villain Tag | Radio Balance of Power: Early Edition 9/8/2026

Watch on YouTube ↗  |  September 08, 2026 at 21:32  |  47:58  |  Bloomberg Markets
Speakers
Multiple (Kate Sullivan — Head of Content, Blockworks
Charlie Pellett — Anchor/Reporter, Bloomberg
Melinda Haring — Senior Fellow, Atlantic Council's Eurasia Center
Jon Seaton — Founder and CEO, Echo Canyon Consulting
Abdul El-Sayed — Michigan Democratic US Senate candidate
Jeanne Sheehan Zaino — Democratic Analyst and Democracy Visiting Fellow, Harvard Kennedy School's Ash Center

Summary

The episode covers the post-Labor Day market tone, with stocks lower as oil trades near $92 and rate concerns linger. It focuses on Canada's retaliatory tariffs on U.S. steel and other goods, the Russia-Ukraine war and its energy supply implications, and the approaching U.S. midterms. Political panel and candidate interviews frame tariffs, gas prices, and healthcare policy as key voter issues.

  • Stocks are lower in the Tuesday session while oil trades near $92 and yields remain elevated.
  • Canada imposes retaliatory tariffs, including 50% on many U.S. steel items, raising trade-war risk.
  • Trump's Bombardier threat draws Republican pushback, especially from Kansas.
  • Witkoff and Kushner visit Russia and Ukraine with no major breakthrough.
  • Melinda Haring says Ukraine has hit nearly every major Russian oil refinery, creating energy supply risk.
  • Political panel discusses gas prices, tariffs, and voter frustration before the midterms.
  • Michigan Senate candidate Abdul El-Sayed outlines corporate regulation, Medicare for All, and anti-war positions.
  • SpaceX is expected to rise on index rebalancing, and Apple has a major product event ahead.
Ideas
Multiple (Kate Sullivan Head of Content, Blockworks 4:40
Canada's 50% tariff hurts U.S. steel
Canada is escalating retaliatory trade measures by raising import taxes on many U.S. steel items to 50%, which is expected to directly hurt U.S. steel exporters, especially in battleground states Michigan and Ohio, and Canada is doing this to improve its negotiating standing.
Melinda Haring Senior Fellow, Atlantic Council's Eurasia Center 18:05
Ukraine strikes keep oil supply disrupted
Ukraine has managed to hit every major Russian oil refinery except one and is getting better at long-range strikes; with the Russia-Ukraine war likely lasting several more years, this creates ongoing supply disruption risk in oil and diesel markets.
Charlie Pellett Anchor/Reporter, Bloomberg 20:07
Apple's major iPhone design event tomorrow
Apple is set to unveil a major new phone design described as the biggest single change in the iPhone's 20-year history, with the iPhone accounting for about half of Apple sales, creating a significant event setup and potential catalyst for Apple shares tomorrow.
Charlie Pellett Anchor/Reporter, Bloomberg 34:11
SpaceX expected to rise on rebalancing
SpaceX is expected to rise into the next index rebalancing, which will be announced Friday and takes effect September 21, creating a near-term index-inclusion catalyst.
Up Next

This Bloomberg Markets video, published September 08, 2026, features Multiple (Kate Sullivan, Melinda Haring, Charlie Pellett discussing U.S. steel sector, WTI, BNO, AAPL, SPCX. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Multiple (Kate Sullivan, Melinda Haring, Charlie Pellett  · Tickers: U.S. steel sector, WTI, BNO, AAPL, SPCX