Ken Griffin: Apple should '100% not' be exempt from tariffs

Group 1 - The discussion highlights concerns about tariffs acting as a national sales tax, disproportionately affecting lower and middle-class Americans, raising issues of equity and fairness [2] - There are apprehensions regarding crony capitalism, where businesses may seek exemptions from tariffs, leading to favoritism towards large, connected companies [3][4] - The involvement of the government in selecting winners and losers in the market could lead to negative outcomes for all stakeholders, as seen in deals like Nvidia's operations in China [6][8] Group 2 - Companies like Apple may be making investments in the U.S. to avoid tariffs, but this raises questions about whether such actions are genuinely in the national interest or merely self-serving [5] - The reliance on government favors rather than innovation as a core competency could undermine the competitive landscape, as companies may focus more on political connections than on technological advancements [7][8]