Steve Hoffman, CEO of Founders Space, has voiced strong opposition to the possibility of incoming U.S. President Donald Trump imposing new tariffs on goods from multiple countries worldwide. Speaking to CGTN, Hoffman described such a move as \"a big mistake.\"
He emphasized that the implementation of additional tariffs would not only negatively impact the U.S. economy but also have adverse effects on the global economy, potentially creating a vicious cycle of economic strain. Hoffman advocated for a focus on creating mutually beneficial trade relationships between the United States and China, highlighting that there are significantly more win-win opportunities than losses in their economic interactions.
Reference(s):
'Big mistake' if Trump levies tariffs, says Silicon Valley exec
cgtn.com
