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For weeks, there was a 145 percent tariff between China and the U.S. Now, for the next 90 days, they stand at 30 percent on Chinese goods and 10 percent on U.S. goods. Kyle Anderson, an economist with IU’s Kelley School of Business said the soybean industry may need to find new buyers for its goods fast or risk wasting tons of materials or selling at a loss.
Team Penske has been rocked by a second cheating scandal in just over a year.