Ryan Petersen

But they won't just refund it.

You're then going to have to file paperwork.

Of course.

Yeah.

Yeah.

So it's going to be.

And then it already takes like about a year when you get one of these refunds from the government.

It takes about a year to get your check.

Yeah.

when every single company in the country applies for a refund, you probably won't see the check for like three years.

There's gonna be so much fraud.

Oh man, it's gonna be kind of,

Volumes from China collapsed 60% down when on April 9th, the day the duties hit, stayed down for five weeks.

And then as soon as he relaxed, as soon as the Trump administration relaxed the duties on China to 30% instead of 145%, it surged to 80% above pre-tariff levels.

That lasted for two weeks, and then it came down.

It's still above pre-tariff levels.

I haven't studied enough the market data, and now I'm looking at Flexport data, and we have got 30% growth over last year.

So then I start to figure – we're actually up again from the drop.

Like, it came down, and now we're back up.

But I think that's a Flexport thing.