> Ryan Petersen, CEO of Flexport, a global logistics firm, warned in a series of posts on X that ocean freight bookings from China are down 50 percent since Trump's tariffs hit. That could potentially wipe out as much as $1 trillion in economic activity if the tariffs remain in place for a full year, he estimated.<p>Thread: <a href="https://threadreaderapp.com/thread/1912890256216695002.html" rel="nofollow">https://threadreaderapp.com/thread/1912890256216695002.html</a>