U.S. Freight Forwarder Flexport Says 60% of Customers Affected by Tariffs

The video discusses the impact of tariffs on US importers, leading to increased costs and a shift in manufacturing to Southeast Asia. It highlights the growth in export volumes from countries like Vietnam and the Philippines. Flexport Capital is providing financing to companies affected by tariffs. The uncertainty in trade policies is causing friction in business decision-making.

What is one major reason US importers are shifting manufacturing to Southeast Asia?

• Lower labor costs

• Better quality products

• Proximity to the US

• Higher demand in Asia

Which country is experiencing a 20X growth in export volumes according to the transcript?

• Vietnam

• Indonesia

• Philippines

• Thailand

What financial product has Flexport launched to assist companies affected by tariffs?

• Flexport Financing

• Flexport Capital

• Flexport Loans

• Flexport Credit

How have tariffs affected the percentage of total product value since January 2018?

• Tripled

• Doubled

• Remained the same

• Quadrupled

What is a significant challenge for businesses in making supply chain decisions?

• Lack of skilled labor

• Uncertainty in trade policies

• High transportation costs

• Limited market access