Founders in Arms Trade Wars & Supply Chain Disruptions: Ryan Petersen on Navigating the 145% China Tariffs
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Apr 10, 2025 
Ryan Petersen, Co-founder and CEO of Flexport, dives into the complexities of the 104% tariffs imposed on Chinese imports. He discusses how companies are adapting to trade turmoil and the urgent need for innovative supply chain strategies. The conversation touches on the economic implications of protectionist policies and the evolving landscape of U.S.-China commerce. Petersen also sheds light on the role of creativity and flexibility in navigating economic challenges, making for a compelling exploration of global trade dynamics.
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Reasons for Tariffs
- The US has a large debt and needs revenue, tariffs can help with that.
- Tariffs are also a tool to incentivize other countries to lower their trade barriers.
Customer Struggles
- Some Flexport customers face existential crises due to new tariffs on Chinese imports.
- Many are renegotiating terms or canceling purchase orders.
Tariff Impact
- Tariffs on Chinese goods, like sofas, have increased significantly, impacting consumer behavior.
- Some products, like electronics, are harder to substitute, creating challenges for businesses.
