4.7 • 1K Ratings
🗓️ 10 April 2025
⏱️ 80 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Good evening. It's Wednesday, April 9th. Welcome to a new episode of System Update. Our live |
0:21.3 | Nightly showed that airs every Monday through Friday at 7 p.m. Eastern exclusively here on Rumble, |
0:26.6 | the free speech alternative to YouTube. Tonight, Donald Trump's global tariff plan continues to |
0:32.7 | dominate the news last night. And this morning, the stock market was once again plummeting. |
0:38.5 | And perhaps even more menacingly, the bond market was becoming unstable and even threatening. As a result, |
0:43.6 | President Trump today announced a plan that one of his billionaire donors, Bill Ackman, |
0:48.6 | had publicly demanded that he'd do on Monday, namely that Trump imposed a 90-day pause on his tariff plan to allow negotiations |
0:56.6 | to take place. |
0:58.3 | Trump essentially did that, although he did lower all tariffs on every country to 10% except |
1:03.8 | on China, which were tallied again today with higher tariffs and it doesn't affect the trade |
1:09.4 | war with China. |
1:10.6 | Now, Trump's pause predictably not only |
1:13.2 | calmed the markets, but sent them higher and higher throughout the day, erasing much of the losses |
1:18.2 | over the last week. David Serota is a longtime investigative journalist and the founder of |
1:23.2 | Lever News. He's also a friend of the show, though he is part of the progressive left. So does |
1:27.4 | Serroto's reaction to Trump's tariff has actually been quite nuanced, and you can't |
1:31.3 | say that for many people. |
1:32.3 | While certainly not in agreement with how Trump's terror plan was devised, Sarota has been |
1:37.3 | reminding the left that they have long-regarded free trade and globalism as a leading enemy, |
1:41.3 | and that Trump is the first president in quite a long time to say |
1:45.2 | that and to target that scheme for erosion. He'll be with us here tonight to help us sort out |
1:51.0 | the tariff debate and the latest developments. But first, before we get to that, there's a |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Rumble, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Rumble and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.