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Flexport CEO Ryan Petersen Warns Of 'Mass Bankruptcies' As 80% Of Small Businesses Could 'Just Die' Under 145% China Tariffs
benzinga.com/25/05/45232615/flexport-ceo-ryan-petersen-warns-of-mass-bankruptcies-as-80-of-small-businesses-could-just-die-under-145-china-ta
Eighty percent of small American businesses that buy from China will "just die," Flexport CEO Ryan Petersen said during an April 24 appearance on “The Prof G Pod,” a podcast hosted by Scott Galloway.
Petersen warned that the U.S.’s 145% tariff on Chinese imports could lead to “mass…
This story appeared on benzinga.com, 2025-05-06 18:12:52.