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This week on Prof G Markets, Scott and Ed discuss the rally in the Euro and German bonds, Chinese state-backed funds pulling out of U.S. private equity, and Bill Ackman’s investment in Hertz. Then Ryan Petersen, the founder and CEO of Flexport, a leader in global supply chain management, joins the show to unpack the real-world impact of tariffs on American businesses. He breaks down how the levies will drive inflation, shares his outlook on the trade war with China, and explains how supply chains are rapidly reshaping. Order Algebra of Wealth now! https://www.amazon.com/Algebra-Wealth... Timestamps: 00:00 - Today's number 00:15 - Today's episode 03:14 - Headlines 04:01 - German bonds 08:54 - China Retreats From U.S. Private Equity 13:48 - Hertz Wins Over Ackman 20:17 - Ad break 22:48 - Why Trump Will Back Down on China Tariffs — ft. Ryan Petersen 23:03 - What are tariffs doing to businesses on the ground and how are they affecting the global supply chain? 25:36 - What are the actual tariff rates in America today? 28:05 - Who is actually paying the 125% tariff? 30:17 - What are you hearing from retailers and how many of them will go out of business because of tariffs? 31:10 - You think 80% of companies that get shipments from China will disappear and millions of employees will be laid off? 33:57 - Which countries and supply routes is Flexport going to overinvest in and divest from? 37:51 - Is there any indication that trade is increasing for everyone except for America? 40:13 - Ad break 41:40 - What is the goal of these deals that Trump is trying to negotiate with other countries? 48:40 - What role does AI play in your mind and how does it impact your current approach to hiring? 51:38 - What do you think about Temu and Shein, and how do you think the tariffs will impact their future prospects? 53:38 - Do you think we’re about to see business leaders start to outright criticize Trump and these tariff policies? 58:51 - Algebra of Wealth 01:02:00 - Credits Subscribe to Prof G Markets on Spotify https://open.spotify.com/show/7syF2ry... Follow us on Apple Podcasts https://podcasts.apple.com/us/podcast... Want more Prof G? Check out everything we're up to at https://profgmedia.com/ #business #news #tech #financemotivation #stockmarket #profg #scottgalloway #profgmarkets #ai #earnings #stocks #inflation #investmentstrategies #investment #investing #gdp #podcast #tariffs #trump #usdollar #bonds #bond #bondmarket #creditcrisis #china #america #flexport #germany