
System Update with Glenn Greenwald
Trump's Tariffs: A Threat to the Neoliberal Order? With Journalist David Sirota; Biden CBP Fabricated Doc to Help Imprison Bolsonaro Adviser? Plus: Israel Support Collapsing
Apr 10, 2025
David Sirota, a seasoned investigative journalist and founder of The Lever News, delves into the political fallout from Trump's tariffs and their contrasting impacts on Wall Street and Main Street. He also unpacks allegations against Biden's CBP regarding the wrongful imprisonment of a Bolsonaro advisor, questioning the integrity of the documents involved. The conversation shifts to diminishing U.S. support for Israel and a troubling initiative by DHS that targets social media for perceived antisemitic content, raising alarms about free speech and censorship.
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Quick takeaways
- Trump's tariff policies have created significant economic fluctuations, prompting negotiations about balancing Wall Street interests against Main Street realities.
- Concerns are rising over the potential fabrication of immigration documents by the Biden administration in the controversial case of a Bolsonaro advisor's imprisonment.
Deep dives
Trump's Tariff Plan and Market Reactions
Donald Trump's global tariff plan has caused significant market fluctuations, with recent announcements regarding a 90-day pause on tariffs aimed at stabilizing the economy. In response to the looming economic threat, President Trump decided to lower tariffs to 10% across the board, with China being the notable exception as it retaliated with higher tariffs. This strategic pause has reportedly calmed and even boosted the stock market, erasing losses from the previous week, highlighting the immediate impact of his policy decisions on market confidence. The reaction from both investors and political backers, including billionaire donor Bill Ackman, indicates a delicate balance between economic stability and trade negotiations.
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