When the United States announced fresh tariffs on China late last week, prices began to plunge.
The CEO’s exit was a result of differences of opinion with chairman Mark Tucker over Flint’s more tentative approach.
After a bruising price war with competitors, Uber’s once-robust revenue growth has flattened and losses have ballooned. Marketing layoffs are ominous.
The new tax would hit American consumers, and businesses are going to face even more supply disruptions. China has already vowed to retaliate.