366 place 0

882 80% of China-reliant small businesses could go bust, Flexport warns

KillerStartups
Nato Lagidze @ KillerStartups · 04/28/2025 15:14 EDT

80% of China-reliant small businesses could go bust, Flexport warns

Ryan Petersen, co-founder and chief executive of logistics platform Flexport, says the new 145 % duties Washington has slapped on most Chinese imports could be an extinction-level event for small U.S. importers. Speaking on “The Prof G Pod,” he said that about 80 % of small businesses that buy from China will just die if the ...

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