Most Innovative Companies This week’s biggest news: tariffs . . . and dire wolves
Apr 10, 2025
Join Ryan Petersen, CEO of Flexport, who shares expert insights on the impact of recent tariffs and global trade challenges. He discusses how businesses, especially small manufacturers, are navigating the tumultuous landscape. Meanwhile, Ben Lamm, cofounder of Colossal Biosciences, reveals exciting progress on de-extinction projects, including the revival of the Woolly Mammoth and the astonishing introduction of genetically modified direwolves, sparking debates on ethics and ecological implications.
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Semiconductor Exemption
- Ryan Peterson noticed exemptions for semiconductors and pharmaceuticals in new tariff filings.
- One of NVIDIA's largest shareholders even contacted him for information, highlighting his unique insight.
Last-Minute Shipments
- Businesses scrambled to ship goods before new tariffs took effect.
- Ensure shipments depart before the deadline to avoid higher duties.
Inventory Stockpiling
- Businesses stocked up on inventory, anticipating tariff changes.
- Many expect future deals and tariff reductions, leading to a temporary decline in ocean freight.