Fox reporter: The Nasdaq index may rise sharply due to tariff exemptions, causing investors to be dissatisfied with the hasty implementation of tariff policies

Fox Business Correspondent Charles Gasparino said on social media, "The market reaction to the Tim Apple tariff exemption is expected to be positive; Nasdaq is likely to rise sharply because the exemption applies equally to Nvidia and other big tech companies. From a political perspective, sources said, the move further exposes the weak argument of U.S. Commerce Secretary Lutnik and U.S. trade adviser Navarro that high tariffs and other restrictions can" magically "create jobs at home. If so, why exempt companies that rely most on foreign labor and components?
Investors and CEOs generally agree that this tariff plan is one of the worst policy rollouts in recent years. They all agree that we need a new trade regime, and the president's criticism is well-founded. But it requires further study and deliberate action, likely after the tax cuts and deregulation take effect, and the opposite is true. "