Trump Says Iran Ceasefire Is Weakened | Balance of Power: Early Edition 5/11/2026

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from the White House. On today's show, American Enterprise Institute Nonresident Senior Fellow Heather Conley, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Principal Cyber Advisor to the Secretary of the Army Brandon Pugh. Chapters: 00:00:00 - Balance of Power: Early Edition 00:04:02 - Trump says 'Ceasefire is on Massive Life Support' 00:05:10 - Trump Weights Military Action Against Iran 00:06:54 - Trump Aims to Press Xi Over China's Iran Approach 00:09:52 - Trump says Iran Can't Have a Nuclear Weapon 00:12:44 - Trump, Xi to Meet For High-Stakes Meeting in Beijing 00:16:16 - Trump Aims to Press Xi Over China's Iran Approach 00:17:08 - Putin says Ukraine War is 'Coming to an End' 00:21:33 - Oil Climbs After Trump Rejects Iran Peace Offer 00:22:27 - Trump Rejects Iran's Offer as 'Unacceptable' 00:35:04 - Iran-Linked Cyber Attacks continue 00:36:22 - US Preps AI Security Order that Omits Mandatory Tests 00:36:52 - AI Chip Breakthrough Unlikely at Trump-Xi Summit 00:37:23 - White House Pushes for Increased Defense Budget 00:38:32 - Anthropic's Mythos' Hacking Skills Fuel Cyber Anxiety -------- 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: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts