Petersen predicts short-term goods recession driven by higher consumer prices
Ryan Petersen · Tariffs and Turmoil: Flexport CEO Ryan Petersen on What Trump Is Thinking, And What Comes Next · Apr 7, 2025 · at 32:43
Flexport CEO Ryan Petersen discusses the macroeconomic fallout of newly imposed US tariff policies.
0:00 / 0:07exact quote · 7.7s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Short term is going to be a lot, a goods recession for sure. I mean, there'll be less goods sold because prices will be higher.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Ryan Petersen
Petersen: U.S. trade tariffs will decrease American manufacturing
“What we've seen over the last few weeks is it's gonna decrease American manufacturing.”
Petersen: Chinese cars are far ahead of Western, Japanese, and Korean vehicles
“They're so fricking good. They're so far ahead of anything that the West or even Japan and Korea are making”
Petersen: Flexport Offers Better Fulfillment Proposition Than Amazon Logistics
“So if you want to say we compete with Amazon, I think we're a strictly better proposition other than the fact that we don't own amazon.com and have all the demand that that drives.”
Petersen: Amazon does not treat sellers as tier-one customers
“Amazon does not treat the seller on their platform as a tier one customer. Their job is to help the customer, the consumer at the end of the day.”
Petersen: Component Tariffs Hurt US Manufacturers Producing for Export
“Well, you have to import the goods and pay duties on the components, and then, ah, your product is now more expensive to produce, and if you instead produce that, those goods in Mexico that didn't have the tariffs on Chinese goods, you wouldn't, your cost woul…”
Petersen: Fast-Changing Tariff Policy Paralyzes Corporate Reshoring Plans
“The result is we're not giving the market enough clarity of what the tariffs will be when, and so, if you did want to move back to the U.S., you're just kind of paralyzed right now, because the environment's changing so fast.”