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NC IA | Seems like this worked out pretty good for China so far - Beans have dropped over $2 in 4 months after the tariff talk started. Meanwhile the bean supply is huge now because they stopped buying beans, which is keeping prices lower. Now the tariffs are backed off to 10% and they can buy a lot of beans at a much cheaper price.
I'm not a marketing person, but that seems like a good situation for them. | |
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