60 percent of Flexport's customers feel the trade war

Increased tariffs from the US-China trade war have now affected 60 percent of freight forwarder Flexport's customers. Several customers have started moving their production to other countries. "It is really difficult to be a US importer right now," says CEO Ryan Petersen to Bloomberg.

Photo: Flexport - PR

"It is really difficult to be a US importer right now," says Ryan Petersen, founder and CEO of US-based digital freight forwarder Flexport.

In an interview with Bloomberg, Petersen explains that the latest round of tariffs from the US and China now mean that over half of Flexport's customers are feeling the effects.

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