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small business bankruptcy risk

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2025
DATE
04 - 22
How US Tariffs Could Bankrupt Millions of Small Businesses, Warns Flexport CEO
Flexport CEO Ryan Petersen warns that aggressive US tariffs on Chinese imports may force "millions" of American SMBs into bankruptcy by 2025, citing a 35-50% drop in China-origin shipping orders. The policy risks triggering a $1 trillion economic shock and Chinese vertical integration of failed brands.
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