StrictlyVC Download Trump's tariffs swift impacts on the global supply chain with Flexport CEO Ryan Peterson
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Apr 5, 2025 
Ryan Peterson, CEO of Flexport, shares his insights on managing global supply chain challenges amid tariff impacts. He discusses the ripple effects of tariffs, especially on Chinese imports, and strategies for businesses to adapt. Peterson highlights Flexport’s innovative solutions to enhance cargo efficiency while navigating regulatory changes. He emphasizes the importance of effective communication during crises and the integration of technology in logistics, balancing efficiency and customer service in a rapidly evolving industry.
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Tariff Impact
- Trump's tariffs significantly impact businesses, particularly those importing from China.
- Cumulative tariffs can reach as high as 79% on certain goods, posing existential threats.
Adapting to Tariffs
- Explore alternative manufacturing locations or sourcing strategies to mitigate tariff costs.
- Remain calm and adapt, as tariff situations can be fluid and subject to change.
Vietnam and De Minimis
- Vietnam, despite not being a traditional U.S. ally, has been a popular manufacturing hub.
- The ending of the de minimis program will affect duty-free imports under $800, impacting e-commerce.