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

Tariffs & Trade - Tariffs effectively act as a national sales tax, disproportionately impacting lower and middle-class Americans [2] - Concerns exist regarding crony capitalism and businesses seeking exemptions from tariffs, potentially favoring large, connected businesses [3][4] - The speaker opposes exemptions for companies like Apple from tariffs [3] Government Intervention & Corporate Strategy - The speaker expresses concern about the government picking winners and losers through deals, citing Nvidia's business in China as an example [6] - Government involvement in corporate deals could lead to companies needing to constantly renegotiate terms with each new administration [7] - The speaker suggests that a company's ability to drive innovation, rather than secure political favors, should be its core competency [8] Investment & Manufacturing - Companies may be investing in America partly to avoid tariffs, but also due to self-interest [5] - Tim Cook is acting in the best interest of Apple's shareholders [5]