Ryan Petersen
speaker
290 appearances
2 recordings
1 series
first heard Nov 2025
last heard 6 Aug
Ryan Petersen’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.
Appearances
In the United States you don't.
So a foreign company can just import goods.
And if they lie about the valuation and they say, hey, these goods that are worth a hundred thousand, they tell customs they're only worth 10,000.
If they are caught
We don't have agents in foreign countries like China to go and prosecute trade compliance violations like that.
So we we're seeing around ten percent of US trade has shifted terms in a way that indicates just massive amounts of fraud.
It's it's sixty percent of all the Amazon sellers are Chinese, what's called a non resident importer, meaning the overseas companies import the goods.
So I think, you know, m markets find a way and black markets also.
tend to pop up when the incentives are there.
And so we're just seeing a huge amount of fraud and evasion of these customs duties.
And that could also be partially to explain why it hasn't hit inflation, is if they're cheating and not paying the duties.
I should we should we should caveat that say fraudulent foreign imports are are benefiting.
Yes.
Uh there's plenty of plenty of good ones and plenty of companies that are above board regardless of where they're from.
Um but yeah, that that would be an obvious winner.
I think generally companies that are uh
Maybe it's uh you say agile companies, comp it doesn't always mean that you make a rapid fire decision.
You might be the best thing to do is to stay still and you know, paralysis is probably the wrong answer, but staying still can be okay if that's your interpretation.
But businesses that are
Re able to adapt quickly to change, uh, have done the best.
Showing 201–220 of 290 · page 11 of 15
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