Silicon Valley's Steve Hoffman, CEO of Founders Space, has issued a strong warning against potential tariffs proposed by incoming U.S. President Donald Trump. \"It would be a big mistake,\" Hoffman told CGTN, emphasizing that extra tariffs could damage not only the U.S. economy but also the global market, creating a vicious cycle of economic downturns. 📉🌎
Hoffman highlighted the importance of fostering collaborative relationships, particularly between the Chinese mainland and the U.S., stating that there are more opportunities for win-win scenarios than losses. He urged both nations to focus on areas where mutual benefits are achievable, promoting stability and growth in the interconnected global economy. 🤝💼
