12102018Mon
Last updateMon, 10 Dec 2018 7pm

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U.S., Europe File Trade Complaint Against China

The U.S. and the European Union filed separate complaints with the World Trade Organization on Tuesday alleging that China is unfairly benefiting domestic industries by restricting exports of certain raw materials.

 

The complaints filed with the WTO represent a departure from past allegations by the U.S. and other countries that China is flooding other countries' markets with its exports.

 

Source: Wall Street Journal

 

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Wisconsin Takes Lead in Share of Manufacturing Jobs

Reflecting the diversity of its industrial base, Wisconsin has surpassed Indiana to be the leading state for manufacturing employment.

 

The latest preliminary data from the U.S. Bureau of Labor Statistics show Wisconsin with 15.6% of its jobs in manufacturing last month, compared with 15.4% for Indiana.

 

Source: Journal Sentinel

 

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Manufacturers Say 10+2 Costs $20 Billion

U.S. Customs and Border Protection's Importer Security Filing rule will impose an annual cost of more than $20 billion on the U.S. economy, according to a study by a manufacturers’ group.

 

The “10+2” rule will require manufacturers and other importers to provide expensive new data to the government, says a report by the Customs and Border Coalition, a group launched by the National Association of Manufacturers in December.

 

Source: Journal of Commerce

 

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Preparing for the Recovery

An innovative idea is traditionally said to involve “thinking outside the box.” But not for Vijay Govindarajan, a professor of international business at the Tuck School of Business at Dartmouth College and an expert on innovation and strategy. That’s because one of Dr. Govindarajan’s favorite metaphors for strategy involves three boxes—and he encourages managers to think about what goes on inside all three of them.

 

Source: Wall Street Journal

 

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U.S. Manufacturing Survey Sees 2010 Hiring Rebound

A new report based on a survey of small- to mid-sized U.S. manufacturers has found that 44 percent of the companies plan to begin hiring workers again as soon as next year if the economy rebounds as they expect.

 

But first, according to the report from RSM McGladrey, the manufacturing sector, which has lost 1.6 million jobs since the recession began, needs to put 2009 behind it.

 

Source: Reuters

 

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