The LA Times | Despite a trade truce with China, Silicon Valley is not out of the woods
Markets rejoiced this week over news that the Trump administration, after six weeks of maximalist rhetoric, had struck a preliminary deal with China to lower tariff rates between the two countries. But the celebration may be premature, industry insiders, foreign diplomats and market experts said, telling The Times that Silicon Valley will face strong headwinds in the months ahead — the makings of a perfect storm of uncertainty that could still tip the U.S. economy into recession.
Subhajyoti Bandyopadhyay, George W. and Lisa O. Etheridge, Jr. Professor, shares his insights in this story from The LA Times.