"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Senator Chris Coons (D-DE), says President Trump went to China on "a weaker footing" and warns his silence on Taiwan arms sales was "a critical step backwards" for US interests. Christopher Smart, Managing Partner and Founder of the Arbroath Group, says incoming Fed Chair Kevin Warsh cannot "credibly" argue for rate cuts "at this stage," as energy prices surge and inflation pressures build. Martin’s Tavern Owner, Bill Martin, on reaction to Saturday Night Live opening its show last weekend with a shot of the DC institution and the history and staying power of the restaurant.