Flexport Ryan Petersen CEO on Trump’s tariffs and the uncertain future of global trade

Quick Summary:

Ryan Petersen, CEO and founder of Flexport, speaks to Fortune about the pressures tariffs place on American businesses.

Still, China remains a place where many Flexport customers do much (or all) of their manufacturing.

With Trump’s China tariff coming in at a 145% combined rate and China’s 125% tariff response, there’s a standoff that’s playing out in real-time before our eyes.

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Article Details

Author / Journalist: Allie Garfinkle

Category: EconomyBusiness

Markets: United StatesChina

Topics: Startups Term Sheet Venture Capital Private equity

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 11:11:59 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 694 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 174 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28308613

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 54 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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