Tariffs on Chinese goods could devastate American small businesses, warns Flexport CEO

Originally published at: Tariffs on Chinese goods could devastate American small businesses, warns Flexport CEO - FreightWaves

Ryan Petersen, CEO of digital freight forwarder Flexport, took to X on Thursday to issue a stark warning Thursday, predicting that thousands, and potentially millions, of American small businesses could face bankruptcy in 2025 unless the U.S. reverses its aggressive tariff policies on Chinese imports. In his thread Petersen outlined how these tariffs, which have…