Fox reporter: Nasdaq may surge due to tariff exemptions, causing investor dissatisfaction with hasty implementation of tariff policies

BlockBeats News: On April 13th, Fox Business journalist Charles Gasparino stated on social media that "the market's response to Tim Apple's tariff exemption is expected to be positive; Nasdaq may soar as the exemption also applies to Nvidia and other large tech companies. The source said that from a political point of view, the move further exposed the weak argument of U.S. Commerce Secretary Lutnick and U.S. Trade Advisor Navarro that high tariffs and other restrictions can "magically" create jobs at home. If that's the case, why exempt companies that rely the most on foreign labor and components? Investors and CEOs generally believe that this tariff plan is one of the worst policy launches in recent years. They all agree that we need a new trade mechanism, and the President's criticism is well founded. But it requires further research and thoughtful action, likely after tax cuts and deregulation take effect, and the result is exactly the opposite