

Special Report: Tariffs and Turmoil — With Ryan Petersen and Adam Parker
60 snips Apr 7, 2025
Ryan Petersen, CEO of Flexport, and Adam Parker, CEO of Trivariate Research, delve into the turbulent world of tariffs and their effects on the tech industry. Petersen discusses the administration's objectives with tariff policies and their potential consequences, while Parker analyzes how major firms like Amazon and Apple are responding. They explore the shift towards U.S. manufacturing, the implications of the national debt, and how global trade dynamics are evolving in this environment, highlighting the challenges and opportunities for big tech.
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Economic Shift
- The White House aims to shift the US from a consumption-based to a production-based economy.
- They believe this will benefit a broader range of Americans, beyond the top 10%.
Tech's Split with Administration
- Tech companies, once close to the administration, are now distancing themselves due to tariff policies.
- Elon Musk, for example, now shares anti-tariff and pro-free trade content.
Four Goals of Tariffs
- The administration aims to achieve four goals with tariffs: lower trade barriers for US exporters, boost domestic manufacturing, raise revenue, and foster a culture of production.
- These goals are driven by national security concerns, the debt crisis, and cultural values.