To many watching from the sidelines, it can feel as if the global trade landscape is completely upending on a daily basis with no sign of slowing. To shine some much-needed light on the discussion, Flexport CEO Ryan Petersen assesses the biggest myths around trade and tariffs today, shares advice about avoiding jail, and gives insight into China’s ability to weather volatility.

This is an abridged transcript of an interview from Rapid Response, hosted by former Fast Company editor-in-chief Robert Safian and recorded live at the 2025 Masters of Scale Summit in San Francisco. From the team behind the Masters of Scale podcast, Rapid Response features candid conversations with today’s top business leaders navigating real-time challenges. Subscribe to Rapid Response wherever you get your podca

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